Archived News

06/12/2011 (Bloomberg) - Palm oil output in Malaysia, the world’s second-biggest producer, probably fell from a two-year high last month after the peak harvest season ended, according to a Bloomberg News survey.

06/12/2011 (Jakarta Globe) - The benefits of biofuels derived from palm oil have once again been brought into question following a new report that says the reduced emissions from burning the fuel are far outweighed by the clearing of peatland forests to grow the crop.

06/12/2011 (The Nation) - The Federal Government has signed a　 Memorandum of Understanding　(MoU) with　 the Barkie　 Group of Indonesia　 for an　 investment worth　 N155billion in　 mining , rubber and palm oil plantations, in Ogun and Akwa Ibom states within the next five years.

06/12/2011 (The CSR Digest) - Cargill was presented with the Best Investor Award by Indonesia’s Ministry of Trade and Industry, and the Investment Coordinating Board of Indonesia at a ceremony held on November 30 in Palembang, Sumatra.

06/12/2011 (Reuters) - Most Southeast Asian stock markets ended steady to slightly firmers on Monday, though gains were capped by profit-taking in banking and commodities-related shares as investors waited to see if European leaders can deliver a solution to the region's debt crisis at a summit later in the week.

06/12/2011 (APP): Two ships arrived at Port Qasim on Sunday, carrying container at QICT, palm oil at. LCT.Berth occupancy was maintained at 43% at the Port on Saturday where total of seven ships namely M.V Ionian Sea, M.V Fisher-K, M.V Maersk Georgia, M.T AL Khalidia, M.T SC Ningbo, M.V Zeynep-K are currently occupying berths to load/ offload rice, cement, containers,furnace oil, palm oil was handled at port last 24 hours.Cargo handling operations were carried out smoothly at the Port where a cargo volume 64290 tonnes comprising 55477 tonnes imports, 8813 tonnes exports 1749 (TEUs) was handled at the Port during the last 24 hours.

06/12/2011 (Radio New Zealand) - Federated Farmers has questioned the logic of a report released by Greenpeace as part of a campaign to stop the dairy industry from using palm kernel expeller imported from Indonesia and Malaysia as stock feed.

06/11/2011 (Mongabay.com) - The practice of palm oil plantations planting along rivers is leading to a decline in proboscis monkeys (Nasalis larvatus) in the Malaysian state of Sabah on Borneo, says the director of the Sabah Wildlife Department, Laurentius Ambu. Proboscis monkeys, known for their bulbous noses and remarkable agility, depend on riverine forests and mangroves for survival, but habitat destruction has pushed the species to be classified as Endangered by the IUCN Red List.

06/12/2011 (New Straits Times) - Emulating Malaysia’s successful smallholder programme can help Africa overcome hunger.

05/12/2011 (New York Times) - Sustainability is the catchword in the palm oil industry these days, with many multinational companies having pledged to use oil only from sustainable sources by 2015. But with only three years left, they will have to move a lot faster to achieve that goal.

05/12/2011 (The Star) - The forestry department is stepping up efforts to rehabilitate degraded forests in Sabah's east coast Ulu-Segama Malua Forest reserve in efforts to conserve the orang utan.

05/12/2011 (Jakarta Post) - Palm oil-based industries in the European Union (EU) are seeking to promote the removal of import duties on sustainable palm oil to encourage production in producing countries, a European industry group says.