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MARKET DEVELOPMENT  
  28-06-2011

Sarawak Economy Set To Grow By Five Percent This Year

28/06/2011 (Bernama) -- The Sarawak economy is expected to grow by five per cent this year, Second Finance Minister, Datuk Seri Wong Soon Koh, said today.

MARKET DEVELOPMENT  
  28-06-2011

RM113 Mln For Research On Under-utilised Crops

28/06/2011 (Bernama) - The Crops for the Future Research Centre (CFFRC) is expected to receive a funding of nearly RM113 million (US$40 million) over seven years from the government to carry out research on a whole range of under-utilised crops.

MARKET DEVELOPMENT  
  28-06-2011

Euro Debt Woes Drag Palm Oil To Near 8-Month Low

28/06/2011 (Business Recorder) - Malaysian palm oil fell to a near eight-month low on Monday, as traders scaled back ahead of a Greek vote on unpopular austerity measures that raises questions about Europe's financial health and global economic growth.

MARKET DEVELOPMENT  
  27-06-2011

Stakeholders in Dormaa Urge Government To Support Local Businesses

27/06/2011 (Ghana News Agency) - Major economic stakeholders in the Dormaa Municipality have called on government to provide the necessary support for local businesses to help them grow and employ the youth in the area.

MARKET DEVELOPMENT  
  27-06-2011

Pakistan-Indonesia PTA Talks Hit Deadlock

27/06/2011 (PakTribune.com) - Pakistan and Indonesia have hit a deadlock in talks on a preferential trade agreement (PTA), which includes a duty cut on palm oil from Indonesia, officials from both countries said on Friday.

MARKET DEVELOPMENT  
  27-06-2011

Nafas Jentera To Commercialise MPOB-Developed Motorised Cutter

27/06/2011 (Bernama) - Cantas, the oil palm motorised cutter developed by the Malaysian Palm Oil Board (MPOB) to increase harvest productivity, will be commercialsed by Nafas Jentera Sdn Bhd, a subsidiary of the National Farmers Organisation.

MARKET DEVELOPMENT  
  27-06-2011

Palm Oil Labelling Bill: Malaysia Expresses \'Grave Concern\'

27/06/2011 (Bernama) - Malaysia has expressed \"grave concern\" on the passing of the Food Standard Amendment (Truth in Labelling - Palm Oil) Bill 2010 by the Australian Senate.

MARKET DEVELOPMENT  
  27-06-2011

GreenPalm Passes Key Milestone As 2 Millionth Certificate Traded

27/06/2011 (World Baker) - GreenPalm, the certificate trading programme that enables businesses to support sustainable palm oil production, is celebrating the trade of its 2 millionth certificate.

MARKET DEVELOPMENT  
  27-06-2011

Palm Oil Hits New Seven-Month Low As Inventories Grow

27/06/2011 (Economic Times) - Malaysian palm oil dropped to a seven-month low on Friday as expectations that a higher output cycle will lift stocks offset broad gains in agriculture markets.

MARKET DEVELOPMENT  
  27-06-2011

Senate Passes Palm Oil Labelling Bill

27/06/2011 (International Business Times) - The Senate has passed an amendment to the Food Act requiring that products containing palm oil be explicitly labelled, rather than described as 'vegetable oil'.

MARKET DEVELOPMENT  
  27-06-2011

More Than 1000 New Species Found In New Guinea

27/06/2011 (WWF) - Port Moresby, Papua New Guinea - A remarkable 1,060 new species have been discovered the island of New Guinea from 1998 to 2008, but poorly planned and unsustainable development - particularly from logging and forest conversion to agriculture - is putting many of these unique creatures at risk, a new WWF study finds.

MARKET DEVELOPMENT  
  27-06-2011

Govt To Revise CPO Export Duty Rule

27/06/2011 (Jakarta Post) - The government will likely change the regulation that sets the crude palm oil export tax amid growing protests from producers, a senior trade official said in Jakarta on Friday.