palm

Retail Asia01/05/2019

A South Korean bank has launched a service allowing customers to use palm recognition to withdraw cash – a likely precursor to similar technology becoming available in retail stores. KB Kookmin Bank says by using palm prints, customers no longer have to use a bankbook, stamp or password. The bank explained that palm vein recognition […]

Retail Asia30/01/2019

Sime Darby Plantation Bhd (SDP) and Sarawak Land Consolidation and Rehabilitation Authority (Salcra) have signed a memorandum of understanding (MoU) to form a collaborative framework to establish, strengthen and encourage synergistic commercial cooperation along the palm oil value chain. The collaboration aims to uplift Sarawak’s palm oil industry standards in terms of operational efficiency and […]

Retail Asia27/12/2018

Malaysia, the world’s second-largest palm oil producer, is reviewing the duty structure for its exports of the edible oil, according to its minister in charge of agriculture produced for export, to boost demand and reduce burgeoning stockpiles. “We are currently reviewing our present export duty structure to ensure a level playing field in the market,” […]

Retail Asia15/01/2017

Indonesias export of crude palm oil (CPO) and its derivatives fell by nearly 2 percent to 25.7 million tons in 2016 from 26.2 million tons in 2015 from after-effects of the El Nino weather phenomenon. “At the end of 2015, oil palm fruit production fell due to the El Nino-induced drought for all of 2015. […]

Retail Asia15/12/2016

Indonesia saw the exports of its palm oil products, which include crude palm oil (CPO), biodiesel and oleochemical, increase by 34 percent month-on-month to 2.45 million tons in October, thanks to rising demand from major export destinations. In September, the world’s largest producer of palm oil shipped 1.89 million tons of products overseas. Indonesian Palm […]

Tag: palm

South Korean bank launches hand palm recognition verification

Sime Darby Plantation, Salcra ink MoU to uplift Sarawak’s palm oil industry

Malaysia reviewing palm oil export duties

Indonesia`s palm oil exports down 2 percent in 2016

Indonesia sees jump in October palm oil exports