2 weeks ago
In the backdrop of the support being provided by the Government of India to Sri Lanka, the Asian Palm Oil Alliance (APOA) led by India's Solvent Extractors Association (SEA) - the premier association of the vegetable oil industry and trade in India ...
Read more at Sunday Observer
Malaysia is determined to foster a cordial engagement with the European Union (EU) in search of a win-win solution that can benefit the palm oil industry at large although the trade bloc has remained a staunch opposition of the palm oil trade since ...
Read more at The Edge Markets MY
The Indonesian government plans to audit all palm oil companies operating in the country, in a bid to tackle an ongoing shortage and high prices of cooking oil. Experts attribute the crisis to the fact that the country's palm oil industry is dominated ...
Read more at Mongabay.com
The oil palm business in India has laid a robust basis for the long run, after experiencing numerous challenges and difficulties over the past 30 years and led to 4.0 lakh hectares (lh) by Small Holding (SH) farmers beneath oil palm cultivation by a ...
Read more at Lifesly.com
KUALA LUMPUR: Palm oil producers profiting from a global price boom should use the opportunity to ramp up efforts to make the business more sustainable and head off rising risks of forests being cleared for plantations, the new head of the industry's ...
Read more at The Star Online
Jakarta:Indonesia will lift its palm oil export ban from Monday, following improvements in the domestic cooking oil supply situation, President Joko Widodo said on Thursday. The world's top palm oil exporter halted shipments of crude palm oil on April ...
Read more at The Tribune
There's conventional palm oil and there's palm oil that is sustainably cultivated and processed. While the former has been known to cause social and environmental issues, the latter works towards countering these issues.
Read more at The Better India
Foreign Secretary Vinay Kwatra told Rajapaksa that India, as a close friend, will extend its fullest support to Sri Lanka in overcoming the difficult situation, the newsfirst.lk website reported.
Read more at Business Today
Indonesia will lift an export ban on crude palm oil, cooking oil, refined, bleached and deodorized (RBD) palm oil, and RBD palm olein starting May 23, as the country has brought domestic cooking oil prices and supply under control.
Read more at Global Times
INDIA'S top diplomat held talks with Sri Lanka's president and prime minister on Thursday (Jun 23) as India signalled its willingness to go beyond the US$4 billion in loans, swaps and aid that it has already provided its cash-strapped neighbour.
Read more at The Business Times
Palm oil has lost a major pillar of support after top producer Indonesia lifted a ban on exports, paving the way for prices to slump further as supply builds and demand languishes.
Read more at Bloomberg
COLOMBO: India's top diplomat held talks with Sri Lanka's president and prime minister on Thursday (Jun 23) as India signalled its willingness to go beyond the US$4 billion in loans, swaps and aid that it has already provided its cash-strapped ...
Read more at CNA
News in business Category
Equinor, Norway's state-backed energy company, has already shut down three oil and gasfields since strikes began on Monday evening over pay claims seeking to compensate for rising inflation, in a move that helped propel European gas ...
Read more at Financial Times
Staff at a British railway operator have voted to strike over pay, a transport union said on Tuesday, in the nation's latest labour dispute that could spell more disruption for transport services.
Read more at Reuters
Chipmakers are continuing to fall after Friday's widespread drop. Demand for semiconductors has plummeted this year as inflation and uncertainty eats away at the high-growth industry. Chips were a hot commodity through much of the pandemic, ...
Read more at Investorplace.com
Gas consumption will contract slightly this year due to high prices and Russian cuts to Europe, with only slow growth over coming years as consumers switch to alternatives, the International Energy Agency said on Tuesday. The IEA chopped its forecast ...
Read more at Arab News
Semiconductor stocks are trading at reasonable valuations, but investors remain wary of owning chip stocks on concerns the global economy is weakening. As a result, semiconductor chip stocks are the worst-performing group in the S&P 500 this year, ...
Read more at Barchart.com
It comes at a time when energy prices have already soared as a result of the impact of Russia invading Ukraine. Read more at straitstimes.com.
Read more at The Straits Times