Archived News

15/04/2011 (Business Times) - Malaysia’s palm oil exports fell 20.6 per cent in the first 15 days of April from the same period in March, independent market surveyor Intertek said.

15/04/2011 (Stabroek News) - The current government is going through with the Patamacca palm oil-project but with a different Chinese investor.

15/04/2011 (City Journal) - We're less than 50 years from the end of world oil supplies at current consumption rates according to a new report by HSBC bank. That coming shortage has brought new calls for increased reliance on biofuels, including from President Obama in last month's energy speech. Biofuels are made from crops like corn, sugar, palm oil and cassava root which are harvested and then shipped to plants to be converted into fuels like ethanol.

15/04/2011 (CRS Wire) - In celebration of Earth Day 2011 and beyond, Avon Products, Inc. [NYSE: AVP] has announced the company's new Palm Oil Promise, a company-wide global commitment to sustainable palm oil, as part of the company's 2011 Hello Green Tomorrow initiatives that also include new global fundraising efforts.

A scheme to save the world’s rainforests still seems too good to be true

15/04/2011 (Stock Market Wire) - Malaysian-focused palm oil plantation company Asian Plantations Limited reported a pre-tax loss of $3.8m for the year to December, against the previous $1.4m.

15/04/2011 (Jakarta Post) - Forestry Minister Zulkifli Hasan says the government will recycle old permits and allow the conversion of up to 3 million hectares of forests into plantations – despite a recent moratorium.

15/04/2011 (Bernama) -- The Federal Land Development Authority (Felda) is willing to work together with the Sarawak government to develop idle native customary rights (NCR) lands, said its chairman Tan Sri Mohd Isa Abdul Samad.

14/04/2011 (The Borneo Post) - Smallholders who are responsible for 40 per cent of palm oil planted areas in the country are considered as one of the main components of the country’s palm oil industry.

14/04/2011 (The Star) - Plantation group KL Kepong Bhd has estimated its capital expenditure for the current financial year ending Sept 30, 2011 at RM600mil.

Independent inquiry concludes that the production of biofuels to meet UK and European directives violates human rights and damages the environment.

14/04/2011 (Manila Bulletin) – The government is intensifying efforts to boost the economic potentials of Mindanao. Private sector participation is being tapped to expand the island-region’s economy mostly driven by agriculture, fishery, and forestry. Mindanao produces and exports a wide variety of crops such as banana, pineapple, corn, coffee, coconut, durian, raw rubber, palm oil, cotton, cutflower, seaweed, and tuna. Its fascinating points of interest make it one of the preferred tourist destinations in Asia.