Archived News

03/10/2011 (Business Standard) - Palm oil production in the country is expected to go up substantially with the Union government allocating Rs 300 crore in the 2011-12 Budget for stepping up its cultivation and the Indian Council of Agricultural Research (ICAR) gearing up to bring an additional 60,000 hectare annually for the next 15 years under oil palm plantations.

30/09/2011 (Reuters) - Indonesia will delay the implementation of a regulation on industrial forests that would have allowed planters, especially those growing palm oil, to cultivate areas reserved for timber and other domestic raw materials.

30/09/2011 (Reuters) - Anglo-Dutch consumer goods giant Unilever (UNc.AS) is in talks to resume business with Sinar Mas Agro Resources and Technology (SMART) , the Indonesian palm oil firm said on Wednesday.

30/09/2011 (Jakarta Globe) - President Susilo Bambang Yudhoyono on Tuesday stated his commitment to ensure sustainable development of the country’s environment and forests.

30/09/2011 (ENS) - Conserving key Indonesian rainforests inhabited by orangutans could generate revenues three times greater than clearcutting them for palm oil plantations, finds a new report requested by the Indonesian government from the UN Environment Programme, under its Great Apes Survival Partnership, GRASP.

30/09/2011 (Tempo Interactive) - The government has been urged to review state revenue from the forestry sector. Based on current calculations, from 2004 to 2010 the government has reportedly lost Rp169.797 trillion in unpaid taxes and illegal activity.

30/09/2011 (Reuters) - Indonesian crude palm oil exports may shrink due to the slowing global economy which could become worse than the 2008 downturn, but downstream industries and domestic demand for biofuels could benefit, the Indonesian Agriculture Minister said on Thursday.

30/09/2011 (Fresh Fruit Portal) - The global palm oil industry is big business and its dominated by Indonesia and Malaysia, but now their regional neighbor the Philippines plans to step up its game with the widely-used food, cosmetics and vitamins industry product. The move comes at a time when the global laders in production are aiming to contain expansion due to sustainability concerns over deforestation.

30/09/2011 (Jakarta Post) - United Nations Environmental Program (UNEP) report says conserving rainforests in Indonesia can generate three times more revenue than clearing them for palm oil plantations.

30/09/2011 (Bangkok Post) - Thailand has huge potential for energy production from crops but it needs good management and research and development, say energy analysts.

29/09/2011 (The Star) - At a recent Globoil Conference in Mumbai, renowned palm oil expert Dorab Mistry highlighted an interesting point that a further drop in palm oil prices may help to cool off the high world food prices.

29/09/2011 (Jakarta Globe) - A new ministerial ruling that expands the land available for planting has made Indonesian crude palm oil producers an attractive proposition for investors, analysts at Credit Suisse Group say.