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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.

MARKET DEVELOPMENT  
  24-06-2011

MPOB Holds Commercialisation Record Of 30 Percent

24/06/2011 (Bernama) - Malaysian Palm Oil Board (MPOB) holds an impressive commercialisation record of 30.1 per cent, or 143 technologies, with an estimated RM2.05 billion in market value of the products.

MARKET DEVELOPMENT  
  24-06-2011

Indonesia May Cap Palm Oil Export Tax At 20 Pct-Official

24/06/2011 (Reuters) - Indonesia, the world's top palm oil producer, may cap its maximum edible oil export tax at 20 percent instead of 25 percent, an official at the industry ministry said on Thursday.

MARKET DEVELOPMENT  
  24-06-2011

Palm Oil Farmers Get VAT Relief

24/06/2011 (IBNLive) - The state government is contemplating to stop collecting VAT (value added tax) from palm oil farmers to encourage cultivation of palm oil farms in the state. Further, chief minister N Kiran Kumar Reddy wrote a letter to Union minister for agriculture Sharad Pawar requesting him to provide more funds for palm oil cultivation keeping in view the demand for palm oil which is being imported.