Archived News

29/03/2010 (The CSR Digest) - Following allegations that it is not observing sustainable palm oil practices in Indonesia, the IOI Corporation has stated that many of the assertions made are either untrue or misleading. In response to Malaysiakini‘s query, the Malaysian conglomerate’s representative, corporate communication manager, Karen Liew, stated that the report took the form of a unilateral investigation in which IOI was not given the opportunity to rebut its findings.

29/03/2010 (Bernama), Tawau - Sabah Softwoods Bhd, a plantation subsidiary of state government agency Innoprise Corporation, is drawing up a new five-year plan to optimise the use of its resources.

26/03/2010 (Making Waves) - Things are moving: Sinar Mas, the Indonesian palm oil supplier at the heart of our ongoing campaign against Nestlé, has announced that it plans to appoint several independent groups to “verify” what we have said about the company, as the Jakarta Globe reports this morning.

24/03/2010 (Deforestation Watch) - An interesting report in Businessweek this week points out that, palm oil from Malaysia and Indonesia and sugar cane grown in Brazil rank as the most sustainable of the current generation of biofuel crops, according to researchers at Wageningen University in the Netherlands.

23/03/2010 (Business Times, Malaysia) - OIL palm plantation owners in Sabah face increasing cost of doing business due to the slow trunk road upgrade between major towns and labour shortage.

23/03/2010 (The Star Online) - LAST week, history repeated itself when multinational food conglomerate Nestle decided to cease its palm oil supply from Indonesia’s Sinar Mas Group on reports of rainforest destruction by the environment non-governmental organisation (NGO) Greenpeace.

22/03/2010 (The Star Online), Petaling Jaya - Sarawak oil palm plantation companies are currently battling increasing cost of production (COP), which is about 1.5 to two times higher than what their counterparts in Peninsular Malaysia face, industry players said.

22/03/2010 (Today Online), Singapore - The expected strong demand for crude palm oil (CPO) from emerging economies will likely boost earnings of plantation-related companies this year, market experts say.

22/03/2010 (The Star Online), Kota Kinabalu - Sabah’s palm oil industry produces enough waste to generate up to 700MW of electricity, an American energy researcher said.

22/03/2010 (Voxy.co.nz) - ABE'S Real Bagels Ltd released a statement today stating they have never used the ingredient Palm Oil in their products.

21/03/2010 (Antara News) - Oil palm planters in 20 Indonesian provinces are ready to boycott Nestle products if the foreign company really stops buying crude palm oil (CPO) from national producers, a spokesman said.

18/03/2010 (The Malaysian Insider) - Palm oil output in a key growing state in Malaysia, the world’s second largest producer of the commodity, is expected to fall 15 per cent as two major rivers irrigating plantations have sunk to dangerously low levels.