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Malaysia to strengthen ties with India
KUALA LUMPUR: Newly-appointed Primary Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said Malaysia would strengthen ties with India, particularly to boost palm oil exports.
Malaysia and India aim to repair soured ties that hit palm trade
KUALA LUMPUR:Malaysia and India will work on improving ties that soured under former Malaysian Prime Minister Mahathir Mohamad and badly affected palm oil trade between the countries, officials from both nations said on Sunday.
Indian rapeseed refiners call for halt to palmolein imports
NEW DELHI: Indian refiners of edible oils urged the government on Tuesday to stop issuing import licenses for palmolein to help avoid a crash in domestic prices of rapeseed.
India’s move disrupts edible oil trade flows
KUALA LUMPUR: India’s halt on Malaysian palm oil imports has disrupted global edible oil trade flows, with Indonesia diverting supplies to feed India, Malaysia rushing to tap markets left behind by Jakarta, and India substituting palm with other oils.
India's curbs on Malaysian palm imports stir up edible oil trade
KUALA LUMPUR/MUMBAI (Reuters) - India's halt on Malaysian palm oil imports has disrupted global edible oil trade flows, with Indonesia diverting supplies to feed India, Malaysia rushing to tap markets left behind by Jakarta, and India substituting palm with other oils.
Malaysia backs off from WTO suit against EU on palm oil
BRUSSELS: Malaysia no longer plans to file a WTO lawsuit against EU restrictions on palm oil-based biofuel and will instead seek to convince European to change its treatment of the crop in a review scheduled for 2021.
Shadow bank quits India infrastructure projects
Kolkata: Srei Infrastructure Finance Ltd plans to stop financing Indian infrastructure projects after three decades in the business, as a slowing economy and crisis in the shadow bank sector dries up funding lines.
India's January palm oil imports from Malaysia could hit 9-yr low
MUMBAI: India's monthly palm oil imports from Malaysia could fall to the lowest level in nearly nine years in January as traders stopped buying the tropical oil from Kuala Lumpur following informal instructions from New Delhi, traders and refiners told Reuters.
Prepare for turbulence in emerging markets
ENCOURAGING trends in emerging markets belie their volatility since the taper tantrum of 2013, when the Federal Reserve signalled it was pulling back on quantitative easing. Further turbulence is likely, despite the improving outlook for advanced economies, easing trade tensions and accommodative monetary policy.
RM5.7bil worth of palm oil ends in a crossfire
KUALA LUMPUR: A brewing diplomatic spat between India and Malaysia has got an unusual victim in the crossfire – palm oil.