Sukuk to raise RM800mil for cocoa grinder

PETALING JAYA: The world’s fourth largest cocoa grinder Guan Chong Bhd (GCB) is undertaking a sukuk exercise for its future expansion plans.

CPO higher after late buying

Trading in CPO to stay rangebound

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.

Need to continue strengthening R&D

THE Malaysian Cocoa Board's (MCB) research and development (RD) facilities nationwide are well ahead of most RD centres owned by major world cocoa producers.

Cargill close to agreeing purchase of ADM's cocoa unit creating global giant

NEW YORK: Cargill Inc, one of the world's leading cocoa traders, is in the final stages of a deal to buy Archer Daniels Midland Co's cocoa business, sources familiar with the situation said, creating a global giant.

Motorbike taxis rev up in West Africa

MOTORCYCLE taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world.

How fair is our food? Big companies take reins on sourcing schemes

LONDON: From cocoa to tea, food and drink giants are setting their own standards for ethical sourcing of raw materials, moving away from third-party labels such as Fairtrade.

Malay Chamber of Commerce eyes African market

KUALA LUMPUR: The Malay Chamber of Commerce Malaysia (DPMM) has set its sight on African countries next year in the quest to help bumiputra entrepreneurs widen their market reach globally.

CPO prices at record highs

Forecasting Price Trends: A weekly column by G.M. Teoh on Crude Palm Oil, Soyoil, Cocoa and Cash Tin.

CPO at over 8-year high

Crude palm oil (CPO) futures prices on Bursa Malaysia Derivatives rose on gains in US soyoil and higher crude oil prices and ended the week at their best levels in 8¼ years.