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MARKET DEVELOPMENT  
  31-10-2012

102 Ships Expected In Lagos Ports

31/10/2012 (Osun Defender) - The Nigerian Ports Authority, NPA, says 102 ships are expected at various terminals in the Lagos ports from Oct. 29 to Nov. 20.

MARKET DEVELOPMENT  
  31-10-2012

Reactivating Ailing Industries: No Haphazard Measures

31/10/2012 (NIgeria Observer) - Akwa Ibom Government said that it would not take haphazard measures in resuscitating moribund industries in the state.

MARKET DEVELOPMENT  
  30-10-2012

VEGOILS-Palm Oil Ends Lower, Indonesia Tax Cut Weighs

30/10/2012 (Reuters) - Malaysian palm oil futures dropped on Monday after a long weekend break, as losses in other vegetable oil markets during the holiday and an export tax cut by Indonesia prompted traders to book profit.

MARKET DEVELOPMENT  
  30-10-2012

Experts Fault French Firms’ Position on Palm Oil Industry

30/10/2012 (The Guardian Nigeria) - The Initiative for Public Policy Analysis (IPPA) – the Nigeria-based public policy think-tank – and leading African economists has accused some French companies of trying to sabotage the efforts of Africa’s small-scale palm oil farmers.

MARKET DEVELOPMENT  
  30-10-2012

Orangutan Rescue: Dramatic Images of Seven Sumatran Apes Saved as Bulldozers Move in to Clear Their Home for an Oil Plantation

30/10/2012 (Daily Mail) - Their home has been destroyed by bulldozers to make way for an oil palm plantation.

MARKET DEVELOPMENT  
  30-10-2012

Planters Call For Flexible Foreign Worker Intake System

30/10/2012 (Business Times) - Oil palm planters want the government to re-activate the fast-track system for foreign worker intake approval or allow agents to bring in the extra hands to harvest some five million tonnes of oil palm fruits rotting in the fields.

MARKET DEVELOPMENT  
  30-10-2012

CPO Duty to Drop to Nine Percent

30/10/2012 (Tempo Interactive) - The Trade Ministry has set a duty tariff of Crude Palm Oil (CPO) for November 2012 at 9 percent or 4.5 percent lower than the previous month.

MARKET DEVELOPMENT  
  30-10-2012

MATRADE Aims To Boost Role in Myanmar

30/10/2012 (Myanmar Times) - Mr Dato’ Mah Siew Keong and Mr Zulkepli Mohd Perai – the chairman and director of Malaysia’s trade promotion agency – talk to The Myanmar Times about the country’s plans for Myanmar on the sidelines of the Showcase Malaysia trade show in Yangon.

MARKET DEVELOPMENT  
  30-10-2012

FGV Willing To Invest In Mindanao - Isa Samad

30/10/2012 (Bernama) - Felda Global Ventures Holdings Bhd (FGV) is willing to invest in Mindanao, Philippines if the political situation in the region is really stable.

MARKET DEVELOPMENT  
  30-10-2012

Vyncke Aims To Leverage On Success To Bag New Projects

30/10/2012 (Bernama) - Belgium- based Vyncke Company, a global leader in technologies generating energy from combusting various types of waste, is leveraging on its successful projects in producing clean energy in Malaysia as a reference for new assignments in Asia and beyond.

MARKET DEVELOPMENT  
  30-10-2012

Palm Oil Exports at Lowest Level Since June

30/10/2012 (Jakarta Post) - Palm oil exports from Indonesia dropped 2.1 percent in September to the lowest level in three months as India and China reduced purchases of the most-used cooking oil, according to an industry group.

MARKET DEVELOPMENT  
  30-10-2012

Sinking CPO Sends Astra Agro’s Nine-Month Profit Down 10%

30/10/2012 (Jakarta Globe) - Astra Agro Lestari, the largest listed plantation company of Astra International, posted a 10 percent decline in profit in the first nine months of this year due to declining commodity prices.