Archived News

04/03/2009 (Reuters), Singapore - Indonesia has applied to join a World Bank programme that supports developing nations' efforts to fight deforestation and help them earn cash through the sale of tradeable carbon credits.

04/03/2009 (The Star Online), Kuantan - The National Association of Felda Settlers’ Children (Anak) lodged police reports in several states Wednesday claiming that Felda had applied pressure on 25,000 settlers who refused to hand over the running of their oil palm estates to the agency.

04/03/2009 (Bernama), Kuala Lumpur - The Government has adopted new strategies and extended aid to smallholders tide over with their living expenses following the drastic fall in rubber, oil palm and pepper prices, the Dewan Rakyat heard today.

04/03/2009 (The Star Online), Petaling Jaya - The current pattern of price movements in crude palm oil (CPO) futures, with the commodity stabilising at levels of about RM1,800 per tonne, is indicative of the persistence in the decoupling of CPO from crude oil prices, analysts said.

03/03/2009 (Finchannel.com) - The FINANCIAL -- Cargill on March 2 announced that its first palm plantation - PT. Hindoli in Sumatra - has received the Roundtable on Sustainable Palm Oil (RSPO) Certification.

02/03/2009 (Agricultre Online), Kuala Lumpur - Price movements of crude palm oil are decoupling from crude oil, making biodiesel production unprofitable, Rabobank said in its monthly report Monday.

02/03/2009 (The Wall Street Journal), New Delhi - Indian biodiesel producers are shedding their "only-for-export" status and looking to local sales, but even so are cutting output and shelving expansion projects due to caution about the market outlook.

02/03/2009 (Solomon Times Online) - Nearly two thousand people witness the ground breaking ceremony for the Malaita Palm Oil project held at the weekend.

03/03/2009 (Solomon Times Online) - The National Government remains committed to ensure the Auluta Palm Oil Project in East Malaita achieves its intended purpose of bringing economic benefits to the Province and the Country, says Agriculture Minister Selwyn Riumana.

03/03/2009 (The Star Online) - EVERY year, it is safe to say that there will be at least eight to 10 conferences on palm oil held worldwide. So far this year, there have been at least five confirmed international palm oil conferences.

02/03/2009 (LBO) - Sri Lanka\'s Carson Cumberbatch group said it made a net loss of 241 million rupees in the December 2008 quarter as its Indonesian and Malaysian plantations were hit by the crash in palm oil prices.

01/03/2009 (AFP), Kuala Lumpur — Hopes of a biofuel bonanza for Southeast Asia, raised when sky-high oil prices made the search for alternative fuels a priority, have been shelved as global fortunes and crude prices nose-dive.