Archived News

28/07/2010 (Cosmetic Design.com) - The World Bank and the International Finance Corporation (IFC) have released a draft framework for engagement in the palm oil sector, in the hope of promoting positive change.

28/07/2010 (AOL) - On Day 100, the worst of the BP oil spill appears to be over, although the cleanup remains a huge challenge.

28/07/2010 (Reuters), Jakarta - Malaysian crude palm oil closed up 0.4 percent on Wednesday on concern that rains will slow output, which countered expectations of slowing demand from India.

28/07/2010 (Proactiveinvestor, United Kingdom) - Rarely is Liberia cited as one of Africa’s emerging, vibrant economies.

25/07/2010 (Organic and Wellness News) - There is global concern over palm oil being sourced from Indonesia and South East Asia where tropical forests have been cleared to make way for plantations, which have threatened the orangutan. This has led to major food retailers and suppliers to introduce plans to source sustainable palm oil or to ban palm oil in food.

23/07/2010 (Daily Times, Pakistan), Islamabad - Pakistan’s palm oil imports rose sharply in July and are likely to top 250,000 tonnes to cover demand for the holy month of Ramzan, a top industry official said on Thursday.

23/07/2010 (The Sydney Morning Herald) - Consider two Mars bars, each containing palm oil. One uses oil from a sustainable plantation, the other uses oil from plantations associated with the deaths of endangered orang-utans or tigers. Which would you buy? The answer may be obvious, but for businesses using palm oil - in products ranging from shampoos and chips to lipstick and salad dressing - the problem is more complex.

23/07/2010 (Sydney Morning Herald) - CONSIDER two Mars bars. They both contain palm oil. But whereas one uses oil sourced from a sustainable plantation, the other uses oil from plantations associated with the deaths of endangered orang-utans or tigers. Which would you buy? The answer may be obvious to you, but for businesses involved in using palm oil, the products of which range from shampoos and chips to lipstick and salad dressing, the problem is more complex.

22/07/2010 (Bloomberg) - Palm oil advanced the most in more than three months on the outlook for increased demand from Asian nations set to celebrate major religious festivals.

22/07/2010 (Bernama), Qingdao - The Sabah Development Corridor (SDC) aims to make the state a leading agri-resource production region in Asia, Sabah Deputy Chief Minister Tan Sri Joseph Pairin Kitingan said Thursday.

22/07/2010 (Public Ledger) - INDONESIA will set its crude palm oil (CPO) export tax at 3% in August, a cut from July's 4.5% because of lower European palm oil prices, three industry sources said today.

22/07/2010 (Business Standard) - Select edible rose further upto Rs 20 per quintal in the wholesale oils and oilseed market today on continued buying by vanaspati millers and retailers, driven by coming festival season and reports of a firming global trend.