WASHINGTON (Thomson Reuters Foundation) - Clearing forests for palm oil plantations is a "technical" matter that should not get tied up with trade discussions, an Indonesian minister told a land and poverty conference.
JAKARTA, March 18 (Reuters) - Indonesia is considering lowering the threshold it applies to its monthly export tax for crude palm oil (CPO), a major industry group in the world's top producer said on Friday, in an effort to aid some processing industries hurt by low prices.
KUALA LUMPUR, March 3 (Reuters) - Crude palm oil will likely trade at $600-$700 a tonne free on board (FOB) over the next year, but could hit as low as $550 as supplies begin to rise in the second half of 2015, the chief executive of Olam International Ltd said.
BRUSSELS, Feb 26 (Reuters) - The European Union said on Thursday it was escalating a dispute with Russia at the World Trade Organisation over what it said were excessive import duties on paper products, refrigerators and palm oil.
KUALA LUMPUR, Feb 26 (Reuters) - Malaysia's conglomerate Sime Darby Bhd is exploring plans to monetise its Indonesia plantations business through listing, mergers or reverse takeover, its group chief executive officer said on Thursday.
KUALA LUMPUR, Feb 26 (Reuters) - Palm oil prices are likely to hover between 2,300 ringgit and 2,500 ringgit per tonne until June 2015, the chief executive of Malaysia's Sime Darby Bhd , the world's top oil palm planter by land size, said on Thursday.
KUALA LUMPUR, Feb 26 (Reuters) - Malaysia's Sime Darby Bhd , the world's biggest listed palm oil producer, said second-quarter net profit slid 47 percent, hit by a commodities rout, flooding and an oversupply of competing oilseeds.
KUALA LUMPUR, Feb 26 (Reuters) - Sime Darby Bhd, the world's biggest listed palm oil producer, announced on Thursday a 47 percent tumble in its second-quarter profit, dragged by weak commodity prices.
BARCELONA (Thomson Reuters Foundation) - Among Ghana's small-scale farmers, there's a saying that if your cocoa crop fails, you may as well go back and tend your oil palm .
CAIRO, Feb 22 (Reuters) - Palm Hills made a 2014 profit after tax and minority interest of 353.3 million Egyptian pounds ($46.30 million), up from 238.9 million, Egypt's second-biggest listed property developer said on Sunday.