Archived News

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.

Merchandise Wholesale & Trade Enterprise opens $17.8m dollar LCs to import oil from Malaysia.

13/04/2011 (Talking Retail) - Burton’s Foods, a leading player in the UK biscuit market, today announces it has achieved its target to source 100% segregated palm oil two years ahead of schedule. Effective immediately, the Company is using segregated palm oil in the baking of all its products, meaning the sustainable supply can be fully traced from plantation to product.

13/04/2011 (Fresh Fruit Portal) - A leading palm oil analyst has told a conference in Beijing that increased Indonesian production will likely push down the crude palm oil (CPO) price to below US$994/MT (3,000MYR) in the coming months, Dow Jones newswires reported.

13/04/2011 (Daily Mail) - The drive for ‘eco-friendly’ biofuels has backfired and may be contributing to climate change, says a report.

13/04/2011 (BioEnergy News) - In Malaysia, Japan-based Mitsui & Co. has signed a memorandum of understanding (MoU) with Sime Darby and power company Tenaga Nasional.

13/04/2011 (MSN News) - State owned trading firm PEC has invited bids for the import of 22,554 tonnes of RBD palmolien for sale in the domestic market.