Archived News

12/09/2011 (Jakarta Post) - Bank Indonesia (BI) will require exporters and debtors to bring home funds parked overseas to Indonesia-based banks in a move that will add billions of dollars in foreign exchange liquidity and ease pressures on the rupiah.

12/09/2011 (Hindu Business Line) - Arecanut growers whose plantations have been hit by yellow leaf disease (YLD) in Sullia taluk of Dakshina Kannada have rejected a proposal of the government to replace disease-hit palms with new saplings under a scheme of the National Horticulture Mission.

12/09/2011 (Commodities Now Online) - The European Union's top climate and energy officials have agreed to delay by up to seven years rules that would penalise individual biofuels for their indirect climate impacts, details of the deal showed. The political compromise is designed to protect EU farmers' incomes and existing investments in the bloc's 17 billion euro-a-year ($24 billion) biofuel sector, while discouraging new investments in biofuels that do nothing to fight climate change.

12/09/2011 (Jakarta Post) - The government is designing a road map for sustainable trade, which is expected to be finish this year, in a bid to boost its export edge and enhance the competitiveness of local products amidst new challenges from overseas markets.

12/09/2011 (Borneo Post) - Students who have completed their secondary school and wish to build careers in the oil palm or hospitality industry should try their hand at the Golden Star Ace – RH Hotel Group’s trainee programme.

09/09/2011 (Bloomberg) - Palm oil gained for a second day as advances in crude oil lifted the appeal of vegetable oils used in food and fuels.

09/09/2011 (Bangkok Post) - Legislation to regulate the country's palm oil industry is being pushed to ensure more sustainable development and stable prices.

07/09/2011 (Bloomberg) - The Indonesia Palm Oil Association urged the government not to impose higher export taxes on crude than its refined products as it could encourage smuggling and harm the processing industry.

07/09/2011 (PakistanToday.com.pk) - Pakistan and Malaysia expect bilateral trade to double in the next few years from $2 billion to $4 billion after the Free Trade Agreement (FTA) has been signed by the two countries. A session of Pakistan Malaysia Joint Ministerial Commission (JMC) is going to be held on September 13 in the Malaysia to examine the implementation status of the agreements and understandings between the two countries.

07/09/2011 (Bernama) - The new crude palm oil (CPO) export tax structure introduced by the Indonesian Finance Ministry is expected to have a negative impact on the country's upstream planters for the financial years 2012 and 2013, says Hwang DBS Vickers Research.

07/09/2011 (Reuters) - Malaysian palm oil futures fell to their lowest in almost two weeks on Tuesday as investors fretted over the worsening euro zone debt crisis that could put the brakes on economic growth and commodity demand.

26/08/2010 (Rainforest Action Network) - PT SMART Audit in hand, Cargill ignores promise to take action on Sinar Mas.