Archived News
14-06-2010
Global Palm Resources posts multiple fold net profit increase
11/06/2010 (Channel News Asia), Singapore - Mainboard-listed palm-oil producer Global Palm Resources Holdings has reported a net profit of about S$1.7 million for its first quarter ended March 31.
14-06-2010
Duty cut on palm oil to benefit a select few
11/06/2010 (The Express Tribune), Karachi - Edible oil manufacturers have expressed dissatisfaction over the recently announced cut of Rs1,000 in duty on crude palm oil imports.
14-06-2010
Is Biofuel Always a Green Option? EU Regulations Indicate Not
10/06/2010 (Planet Save) - Palm plantations that produce the oil used in biofuel, like this one in Malaysia, aren’t as “green†as some may think. A Natural fuel source doesn’t always mean positive environmental effects.
14-06-2010
World Bank To Boost Palm Oil Production
14/06/2010 (Inwent.org) - DEVELOPING A global strategy to support smaller palm oil businesses and minimizing negative environmental impacts would help future interventions in Ghana as well as the West African region, says International Finance Corporation (IFC) Principal Strategist on Global Manufacturing, Mark Constantine.
11-06-2010
Over 5,000 Palm Oil Industry Professionals Expected In Palmex Malaysia 2010
10/06/2010 (Bernama), Kota Kinabalu - Palmex Malaysia 2010, touted as Malaysia's largest palm oil technology expo, is expecting to gather over 5,000 industry professionals who will address the strategic, operational and technology aspects of Sabah and Asean's palm oil industry.
11-06-2010
Palm oil slips despite fall in Malaysian stocks
10/06/2010 (Agrimoney) - Palm oil prices fell in Kuala Lumpur despite official data showing that Malaysia's stocks of the vegetable oil have fallen by further than analysts expected to the lowest in eight months.
11-06-2010
Palm Oil most efficient for bio fuel: World Growth
10/06/2010 (Commodity Online), Washington - Palm Oil is the most efficient vegetable oil for biofuel and the campaign that coversion of forests for palm oil leads to widespread increases in emissions in misleading, according to the NGO World Growth.
10-06-2010
Malaysia Aims To Boost Palm Oil Industry\'s Contribution To GDP To RM21.9 Bil
10/06/2010 (Bernama), Kuala Lumpur - Malaysia aims to boost palm oil industry's output to the gross domestic product (GDP) to RM21.9 billion, with RM69.3 billion in exports earnings during the 10th Malaysia Plan period (2011-2015).
10-06-2010
Palm oil and tropical rainforest conservation
10/06/2010 (The Jakarta Post) - An international conference on climate change and forests, held recently in Oslo, Norway, has agreed to provide US$1 billion in assistance to Indonesia to protect the country’s tropical rainforests.
10-06-2010
China Said Buying U.S. Soyoil on Argentine Trade Halt
09/06/2010 (Bloomberg) - China, the world’s biggest user of cooking oils, is buying U.S. soybean oil after imports from Argentina were halted because of a trade dispute, two traders with direct knowledge of the transactions said.
10-06-2010
Palm Oil Declines as Brazil Increases Soybean Crop Forecast
09/06/2010 (Bloomberg) - Palm oil futures dropped for a third day after Brazil, the world’s second-largest producer of rival soybeans, raised its crop forecast.
09-06-2010
Government ‘should firmly protect palm oil industry’
09/06/2010 (The Jakarta Post) - The government should protect the palm oil industry, which is facing various threats and challenges, including a recent moratorium on the conversion of primary forests and peatlands for oil palm plantations, says an association.