Archived News

02/12/2009 (The Jakarta Post) - Coordinating Minister for Economy Hatta Radjasa promised Wednesday that the government would provide incentives to boost the development of the palm oil industry into the downstream level, to provide more employment.

01/12/2009 (allAfrica.com), Monrovia — The Liberian government has announced that it is in the final stages of securing a U.S. $1.6 billion Indonesian investment in palm oil production which is expected to create 35,000 jobs.

01/12/2009 (Jakarta Globe) - Environmental nongovernmental organizations released a report on Monday accusing Australia of using a bilateral forestry project in Kalimantan to avoid reducing emissions at home while ignoring the welfare of indigenous peoples here.

01/12/2009 (Business Times) - At the Roundtable on Sustainable Palm Oil (RSPO) conference last month, environment activist Wetlands International called for an address of "the alarming emissions from forest and peat swamp areas' conversion into oil palm plantations". The Netherlands-based non-governmental organisation (NGO) alleged that "the continuous emissions caused by drainage of carbon rich tropical peatsoil in Indonesia and Malaysia are enormous." At the end of the meeting, Wetlands lamented that its attempts to insert a Greenhouse Gas Emission criterion had been frustrated by members representing Indonesian and Malaysian oil palm planters.

30/11/2009 (The Times Of India), Mumbai - The negative impact notwithstanding, the debt crisis in Dubai may have one positive effect — easing cost pressures as commodity prices fall.

30/11/2009 (The Star Online), Pasir Gudang - All Cosmos Industries Sdn Bhd will invest RM200mil to set up two bio-organic fertiliser plants, in Medan, Indonesia and Ho Chi Minh City in Vietnam, in 2011.

30/11/2009 (Business Times) - Emery Oleochemicals Group, 50 per cent owned by Sime Darby Bhd, is geared for competition and profit growth after a year of internal restructuring and rebranding.

30/11/2009 (Big Wide World) - Were you hoping that the cosmetics or other goods you bought that were RSPO (Roundtable on Sustainable Palm Oil) certified were from genuinely sustainable sources? Think again.

30/11/2009 (Asia One News), Kuala Lumpur - Malaysian palm oil giant Sime Darby said Monday it planned to invest up to two billion ringgit (812 million Singapore dollars) in China including in the plantations and motor sectors.

28/11/2009 (Bernama), Kuala Lumpur - First it was the health issue, then the environment and now palm oil has to endure further sustainability criteria for imports to Europe.

25/11/2009 (The Nation) - Thailand is at risk of losing out on the benefits from the formation of the Asean Economic Community (AEC) in 2015, as most enterprises are still unaware of the advantages and challenges of regional integration.

24/11/2009 (Palm Oil Truth Foundation) - Demand for palm oil is growing unabated as biofuel and biodiesel demand is growing steadily. In response to this demand, the palm oil industry strategy is to improve the oil yield from the oil palm tree. For this purpose strong research and development efforts are going on across the major palm oil producing countries.