Archived News

25/05/2010 (Business Times), Kota Kinabalu - Malaysia is unhappy with the EU Renewable Energy Directive (EU RED) which assigned a much lower value of 19% greenhouse gas (GHG) emission savings to palm oil, as this can disqualify the commodity as a biodiesel source for use in Europe, said Malaysian Palm Oil Council (MPOC) chairman Datuk Lee Yeow Chor.

25/05/2010 (The Star Online), Kota Kinabalu - Malaysia refutes allegations that its oil palm plantations were wiping out the rainforest and causing the extinction of the orang utan.

25/05/2010 (The Star Online) - A Sabah Wildlife Rescue Centre has been set up at the Lok Kawi Wildlife Park here.

24/05/2010 (The Star Online), Kota kinabalu - The Sabah Wildlife Department will be setting up a wildlife rescue unit.

24/05/2010 (Business Times) - THE sustainability criteria in the European Union (EU) Renewable Energy Directive (RED), due to come into force on December 5, will not affect Malaysia's palm oil exports to the region.

23/05/2010 (Bernama), Kota Kinabalu - The Sabah Wildlife Department has initiated the setting up of a Sabah Wildlife Rescue Unit which would be responsible for all wildlife rescue in the state.

21/05/2010 (Lankan Business Online) - A Sri Lankan business group with palm oil plantations in east Asia has said demand for the edible oil is likely to grow, driven mainly by China and India, with prices having stabilized at more realistic levels.

21/05/2010 (Ghana Web) - SUCCOUR has come the way of users of palm oil in Nigeria. Malaysia, the country, which took the oil palm seeds away from Nigeria several years ago, is planning to flood the market from its silos in Ghana.

21/05/2010 (Plant Talk.org) - Thanks to recent publicity many people are aware of the concerns of palm oil in foodstuffs, but surprisingly few are aware that it could be used to fuel power stations in the UK too. UK-based campaigner Zenith Milner tells us more.

20/05/2010 (WWF) - Several oil palm producers in Malaysia and Indonesia are facing scrutiny by NGOs for alleged violations of the principles and criteria for sustainable palm oil set out by the Roundtable for Sustainable Palm Oil (RSPO), leading them to call for a rethink of this scheme in a decision that may challenge the RSPO and could hurt their economies in the long-run.

20/05/2010 (Comodities now.com) - Two new palm oil contracts launching in the United States and Indonesia may encounter difficulties similar to those experienced by benchmark Malaysian futures in growing liquidity. Success depends on whether planters from top palm oil producers Indonesia and Malaysia, as well as financial investors, see a justification in building up liquidity at a time of growing uncertainty in financial markets over the Eurozone debt crisis.

19/05/2010 (The Independent) - Nestlé, the world's biggest food manufacturer, says it will make the palm oil in its best-selling chocolate bars more eco-friendly, after a guerrilla campaign against it on the internet.