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MARKET DEVELOPMENT  
  05-07-2011

Impediments to EAC Common Market Protocol

05/07/2011 (East African Business Week) - Although the East African Community (EAC) Customs Union entered into full operations with application of zero internal tariffs in January 2010, its actualization remains incomplete. This is because there are still disturbing incidents of the application of non tariff barriers as well as non-uniform application of the common external tariff that continue to militate against the smooth operations of the Customs Union, according to Dr Richard Sezibera , the EAC Secretary general, who led a team of journalists to find out outstanding issues related to the effective implementation of the Common Market protocol.

MARKET DEVELOPMENT  
  05-07-2011

Palm Futures End Slightly Firmer

05/07/2011 (Business Times) - Crude palm oil futures prices on Bursa Malaysia Derivatives closed slightly higher yesterday on buying interest, dealers said.

MARKET DEVELOPMENT  
  05-07-2011

Palm Oil Gains From Eight-Month Low on Soy Outlook

05/07/2011 (San Francisco Chronicle) - Palm oil rebounded from the lowest level in eight months on speculation lower soybean acreage in the U.S., the world's biggest exporter, will reduce global vegetable oil supplies.

MARKET DEVELOPMENT  
  05-07-2011

New Zealand Must Support Australian Moves on Palm Oil

05/07/2011 (Voxy) - The Green Party is calling on the New Zealand Government to support Australia over the mandatory labelling of palm oil, Green Party food spokesperson Sue Kedgley said today.

MARKET DEVELOPMENT  
  04-07-2011

Palm Oil Labelling Politically Motivated, Says MPOB Chairman

04/07/2011 (Bernama) - Australia's proposed palm oil labelling law is discriminatory and politically motivated, Malaysian Palm Oil Board (MPOB) Chairman Datuk Seri Utama Shahrir Abdul Samad said today.

MARKET DEVELOPMENT  
  04-07-2011

Palm Cooking Oil Price Falling B5 Today

04/07/2011 (Bangkok Post) - The government has approved a reduction in cooking palm oil retail prices by five baht from the capped price of 47 baht per one-litre bottle, effective today.

MARKET DEVELOPMENT  
  04-07-2011

NZ Group Criticises Aussie Bid On Palm Oil

04/07/2011 (Ninemsn) - New Zealand food industry lobbyists say a bid by Australian politicians to require labelling of palm oil in foods to help consumers make more informed choices may breach a trans-Tasman food treaty.

MARKET DEVELOPMENT  
  04-07-2011

SMEs Should Grab Opportunities In Palm Oil-Related Industries - FMM

04/07/2011 (Bernama) - The Federation of Malaysian Manufacturers (FMM) has called on small and medium enterprises (SMEs) to step up their role and grab opportunities to manufacture palm oil-based value-added products.

MARKET DEVELOPMENT  
  04-07-2011

7th National Palm Oil gab in North Cotabato set

04/07/2011 (Sunstar) - THE Provincial Government of Cotabato, through the Philippine Palm Oil Development Council Inc., will hold the 7th National Palm Oil Congress on August 25-26 at JC Complex, National Highway, Kidapawan City.

MARKET DEVELOPMENT  
  04-07-2011

Carrefour Indonesia Makes Sustainable Palm Oil Commitment

04/07/2011 (Food Ingredients First) - PT Carrefour Indonesia, a multinational retail company, reiterates its commitment to be a responsible company with its declaration to exclusively source certified sustainable palm oil (CSPO) and its implementation of the RSPO (Roundtable on Sustainable Palm Oil) Trademark. This will encourage Carrefour customers to make the right decision in choosing products that contain sustainable palm oil through the RSPO Trademark labeling. Carrefour Indonesia established since 1998 and has 81 stores throughout 27 cities in Indonesia.

MARKET DEVELOPMENT  
  04-07-2011

Creating Skilled Planters

04/07/2011 (The Star) - It is tough to attract the younger generation to start a career as a professional planter in Malaysia nowadays

MARKET DEVELOPMENT  
  04-07-2011

Unbalanced Power In Trade

04/07/2011 (Jakarta Post) - The EU and ASEAN states have been discussing the possibility of signing a Free Trade Agreement since 2007. Thankfully, the Indonesian government has decided that another one to two years is needed to fully investigate the effects of the FTA before signing.