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MARKET DEVELOPMENT  
  25-05-2011

Government Maximizes Bio-Energy

25/05/2011 (Tempo Interactive) - The Energy and Mineral Resources Ministry continues to develop bio-energy in Indonesia. Bio-energy utilization will not only increase national energy resilience, but also provide cleaner energy.

MARKET DEVELOPMENT  
  25-05-2011

Going The Distance on Cooking Oil

25/05/2011 (News Straits Times) - At least, that is what 65 students from Universiti Teknologi Malaysia and Indonesia’s Universitas Tanjungpura are trying to prove on a 6,500km journey from Singapore to Laos which began on Sunday.

MARKET DEVELOPMENT  
  24-05-2011

Record Total Trade Between Malaysia And Guangxi Province In 2010

24/05/2011 (Bernama) - Total trade between Malaysia and China's Guangxi Province, reached a record US$260 million last year.

MARKET DEVELOPMENT  
  24-05-2011

Palm Oil Ends Best Run in Two Months as Crude Losses Cut Appeal

24/05/2011 (Bloomberg) - Palm oil declined, ending the longest rally in more than two months, as falling crude oil prices reduced the appeal of the commodity as a source of biofuel.

MARKET DEVELOPMENT  
  24-05-2011

China Palm Oil Imports Rise as Warmer Weather Boosts Demand

24/05/2011 (Bloomberg) - China’s palm oil imports, the world’s second-biggest, rose to the highest level this year in April as warmer weather boosted demand for the cooking oil.

MARKET DEVELOPMENT  
  24-05-2011

Worldwide Biofuels Production Guidelines Set by G8-Led Group of Nations

24/05/2011 (Bloomberg) - The U.S. and China led 23 nations in agreeing on the the first guidelines for producing biofuel from crops such as palm oil, an agricultural commodity used for cooking and to make detergents as well as fuel.

MARKET DEVELOPMENT  
  24-05-2011

Pre-budget Increase in Cooking Oil, Ghee Prices

24/05/2011 (Daily Times) - Manufacturers of ghee and cooking oil have made pre-budget increase in ghee and cooking oil rates.

MARKET DEVELOPMENT  
  24-05-2011

Govt Torn Between Courting Business, Protecting Forests

24/05/2011 (Jakarta Globe) - In a move seen by critics as a sign of the government’s waning drive to save the nation’s forests, President Susilo Bambang Yudhoyono recently added the phrase “pro-business” to his strategy for achieving sustainable development.

MARKET DEVELOPMENT  
  24-05-2011

P&G May Build Oleochemical Plant To Secure Future Supply

24/05/2011 (Jakarta Post) - American consumer goods giant Procter & Gamble Company (P&G) is exploring opportunities to invest in Indonesia’s downstream palm oil industry to ensure a sustainable supply for its fatty alcohol needs.

MARKET DEVELOPMENT  
  24-05-2011

Budget Should Be Business-Friendly

24/05/2011 (The Nation) - Famous industrialist, chairman Pakistan Edible Oil Refiners Association (PEORA) and former president Faisalabad Chamber of commerce and industry Mian Muhammad Hanif has proposed to the federal government some suggestions for the upcoming federal budget 2011-12 that levy withholding Tax on Imported Edible Oils in the PTR Mode. “The structure of income tax applicable on Edible Oil and Vegetable Ghee industries before 30th June 2009 would be as on import of raw material at 2% us 148(8) and as final discharge of liability.”

MARKET DEVELOPMENT  
  24-05-2011

Bridge of Hope For Orang Utan

24/05/2011 (The Star) - The state Wildlife Depart­ment and several NGOs have combined forces to repair a rope bridge across the Sungai Takala to enable the orang utan to move about in Sabah’s east coast lower Kinabatangan region.

MARKET DEVELOPMENT  
  24-05-2011

KLK on The Lookout For Potential Buyers

24/05/2011 (Borneo Post) - Kuala Lumpur Kepong Bhd (KLK) will continue to be on the lookout for buyers for its non-core businesses, which include its parquet, soap, nutraceuticals and rubber gloves operations, although the group admitted that it is not easy to find buyers at the ‘right’ place.