Archived News

25/07/2011 (The Nation) - The Palm Oil Industry Club under the Federation of Thai Industries (FTI) is to propose that the new government pass a new bill and set up an independent organisation to develop and supervise oil-palm agriculture and the palm-oil industry throughout the value chain.

25/07/2011 (The Star) - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to stay on current levels with an upside bias this week.

25/07/2011 (The Nation) - The Pheu Thai-led government intends to continue to control the prices of goods in a bid to restrain expected high inflation after the launch of its promised policies, particularly the minimum wage rise and rice pledging scheme.

25/07/2011 (The Star) - Subsidised cooking oil in 1kg packets have been flying off the shelves over the last few weeks, causing a shortage of supply in grocery stores and hypermarkets in several states in the country.

22/07/2011 (Bloomberg) - Palm oil dropped as a rally to the highest level in four weeks may have prompted some investors to sell the commodity amid concerns that output may be rising.

22/07/2011 (Philippine Star) - The Indonesian government has decreased export tax of crude palm oil (CPO) for August to 15 percent from 20 percent in July as the prices in the international market decrease, Director General for Foreign Trade of Trade Ministry Deddy Saleh said here on Thursday.

22/07/2011 (Courthouse News Service) - The European Union said it certified seven voluntary biofuel schemes that use the "highest sustainability standards in the world," rejecting biofuels that have been grown on carbon-storing tropical rainforest and peatlands.

22/07/2011 (Nasdaq) - The October-delivery contract fell as much as 0.4 percent to 3,141 ringgit ($1,048) per metric ton on the Malaysia Derivatives Exchange, and ended the morning session little changed at 3,150 ringgit. Futures reached 3,164 ringgit earlier, the highest level since June 23.

22/07/2011 (Bernama) -- Plantation Industries and Commodities Minister, Tan Sri Benard Dompok, will have a busy programme during his eight-day working mission to Australia starting July 25, 2011.

22/07/2011 (Times of India) - Emami Biotech, a group company of Emami Ltd, is planning to set up an oil processing unit at Krishnapatnam in Andhra Pradesh at an investment of Rs 200 crore.

22/07/2011 (The Star) - The FBM KLCI ended the morning trade lower by 2.65 points, or 0.17% at 1,563.16 on Friday.

22/07/2011 (AllAfrica.com) - National Chairman of the National Action Council (NAC), Dr. Olapade Agoro has called for an urgent convocation of a Sovereign National Conference to discuss the nation's revenue sharing policy which he said is presently an anathema to Federalism.