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Fathin Ungku

VEGOILS-Palm reverses course to trade up 1% on stronger U.S. soyoil

Jun 18 2021

SINGAPORE, June 18 Malaysian palm oil futures reversed earlier losses on Friday, to rise more than 1%, as it tracked rival soyoil on the Chicago Board of Trade.

VEGOILS-Palm reverses gains as India puts import tax cut plans on hold

Jun 17 2021

SINGAPORE, June 17 Malaysian palm oil futures reversed earlier gains to fall 1% on Thursday, as top buyer India put its import tax cut plans on hold, although a weaker ringgit limited further losses.

Global copper buyers must look elsewhere for concentrate as Indonesia cuts exports - CRU

Jun 08 2021

SINGAPORE As Indonesia prepares to ramp up domestic copper smelting, processors elsewhere must look for alternative sources of concentrate, which might cost more, consultancy firm CRU group said on Tuesday.

Ride-hailing giant Gojek to shift to electric vehicles by 2030

Apr 30 2021

SINGAPORE Indonesian ride-hailing startup Gojek plans to make every car and motorcycle on its platform an electric vehicle (EV) by 2030 through partnerships with manufacturers and favourable leasing arrangements, co-Chief Executive Kevin Aluwi told Reuters.

Exclusive: Facing green pressure, Indonesia halts deep-sea mining disposal

Feb 05 2021

JAKARTA Indonesia will no longer permit mining waste to be disposed in the ocean to allay concerns about the environmental impact of processing nickel used in electric vehicle (EV) batteries, a government official and a corporate mining source said.

China seeks details about Chinese crew after tankers seized by Indonesia

Jan 27 2021

BEIJING China said on Wednesday it was seeking details about 25 of its nationals who were among 61 crew on two supertankers seized by Indonesia on suspicion of illegally transferring oil.

Planters say anti-palm oil campaigns hinder sustainability shift

Jan 14 2021

Top palm oil producers said on Thursday that the industry is making strides towards transparency and sustainability across its supply chain despite campaigns against use of the oil. | Video

Equipment torched as worker protest paralyses Indonesia nickel plant

Dec 16 2020

SINGAPORE/ JAKARTA Violent protests by hundreds of workers at one of Indonesia's biggest nickel smelters on Sulawesi island operated by PT Virtue Dragon Nickel Industry (PT VDNI) had "paralysed" its activities, the China-backed company said in a statement.

Palm oil demand will be limited if prices continue to rise - analysts

Dec 03 2020

SINGAPORE/JAKARTA Palm oil demand may be restrained next year, as supply shortages triggered by unfavourable weather, infrastructure issues and the COVID-19 pandemic push prices up further, analysts told a virtual palm oil conference on Thursday.

UPDATE 1-Palm oil demand will be limited if prices continue to rise - analysts

Dec 03 2020

SINGAPORE/JAKARTA, Dec 3 Palm oil demand may be restrained next year, as supply shortages triggered by unfavourable weather, infrastructure issues and the COVID-19 pandemic push prices up further, analysts told a virtual palm oil conference on Thursday.

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