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MARKET DEVELOPMENT  
  16-04-2012

Wood From Palms

16/04/2012 (The Star) - In his travels across the country, William Wong often sees felled oil palm trees.

MARKET DEVELOPMENT  
  16-04-2012

Wilmar to Invest $300m in Gresik Flour Mill and Bio-Refinery

16/04/2012 (Jakarta Globe) - Wilmar Group, a Singapore-listed CPO producer, plans to pour $300 million in investments in Gresik, a city in East Java to build a flour mill and bio-refinery plant, a senior executive at the Indonesian unit said.

MARKET DEVELOPMENT  
  16-04-2012

Center To Create Modern Farmers

16/04/2012 (Borneo Post) - A Technology Skills Center is expected to be built in Sabah to create modern farmers, according to Chief Minister Datuk Seri Musa Aman.

MARKET DEVELOPMENT  
  16-04-2012

Ondo Earmarks N200m For Cottage Industries

16/04/2012 (Vanguard) - N200 million has been budgeted for the establishment of cottage industries in the 18 local government areas of the Ondo State as parts of the efforts to reduce unemployment and bring development to the local communities.

MARKET DEVELOPMENT  
  16-04-2012

Sarawak Tycoon Tightening Grip on Wijaya

16/04/2012 (Business Times) - Sarawak tycoon Tan Sri Ling Chiong Ho is planning a major move into Wijaya Baru Global Bhd.

MARKET DEVELOPMENT  
  16-04-2012

Post-devolution Matters: PC Refuses to Hand Over 13 Projects

16/04/2012 (Business Recorder) - The Planning Commission is reported to have refused to accept the decision of a high-powered committee about allocating 13 projects to the Ministry of National Food Security and Research (MNFSR). The projects had either been stopped or allocated to provinces after the devolution of the Ministry of Food and Agriculture to the provinces.

MARKET DEVELOPMENT  
  13-04-2012

VEGOILS-Palm Oil Loses Ground as Europe Concerns Weigh

13/04/2012 (Reuters) - Malaysian palm oil futures fell on Thursday after resuming trading after a one-day break, as traders booked profits and buying interest was limited by concerns over the European debt crisis and a possible slowdown in the global economy.

MARKET DEVELOPMENT  
  13-04-2012

Palm Oil Drops Most in Two Months as U.S. Soybean Acres May Gain

13/04/2012 (Bloomberg) - Palm oil declined the most in more than two months on speculation that U.S. farmers may increase soybean planting, potentially boosting supplies of the crop that can be crushed to make a substitute oil.

MARKET DEVELOPMENT  
  13-04-2012

\'Palm Oil Industry Not A Threat to Orang Utans\'

13/04/2012 (Malaysia Chronicle) - Conservation Efforts-Stakeholders, wildlife departments and NGOs such as MPOC have also taken steps to protect the ape species.

MARKET DEVELOPMENT  
  13-04-2012

Equatorial Palm Oil Announces Repayment of US$10 Mln Loan

13/04/2012 (Proactive Investors UK) - Liberia-focused Equatorial Palm Oil (LON:PAL) said today its US$10 million loan to Geoff Palm Ltd had been repaid in full.

MARKET DEVELOPMENT  
  13-04-2012

Govt To Counter Negative Opinions of Indonesian CPO

13/04/2012 (Jakarta Post) - The government considers claims of environmental destruction being lodged against the Indonesian palm oil industry as a part of a trade war, which has to be countered by providing accurate information on real conditions, a senior minister said Thursday.

MARKET DEVELOPMENT  
  13-04-2012

Palm Oil To Hover Below 3,590 Ringgit

13/04/2012 (Business Recorder) - Malaysian palm oil is expected to either hover below 3,590 ringgit per tonne or retrace to 3,530 ringgit as a small double-top has formed around 3,626 ringgit.