JAKARTA, May 21 (Bloomberg): 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. Futures were already lower this week on expectations Indonesia’s ban would be short-lived, and late Thursday President Joko Widodo said that exports can resume from May … [Read more...] about Palm oil’s slump set to deepen after Indonesia lifts export ban
Malaysian palm oil council
‘Datuk Seri’ stokes neighbours’ and council’s ire with illegal roadworks
ENCROACHING onto public land without the authorities approval is never a good idea. Breaking the rules set by the authorities sets a bad precedent for others from the neighbourhood. Residents in Tropicana Indah in Petaling Jaya are furious over the blatant disregard of law over a person with a Datuk Seri title at the upmarket neighbourhood. He has riled up his neighbours … [Read more...] about ‘Datuk Seri’ stokes neighbours’ and council’s ire with illegal roadworks
Malaysia is entering a serious food security conundrum
ARABLE land is defined by the United Nations Food and Agriculture Organization (FAO) as land currently used, or potentially capable of being used, to grow seasonal crops. This definition excludes land used for pasturing, tree-farming (or “silviculture”), or for more durable agricultural products such as vineyards, orchards, and coffee and rubber plantations. In turn, … [Read more...] about Malaysia is entering a serious food security conundrum