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MARKET DEVELOPMENT  
  22-01-2009

Indonesia Musim Mas gets green palm oil certificate

21/01/2009 (Reuters), Jakarta - Indonesia's PT Musim Mas has been certified as the country's first firm to have adopted stricter sustainability standards in producing palm oil, Agriculture Minister Anton Apriyantono said on Wednesday.

MARKET DEVELOPMENT  
  22-01-2009

Thai palm oil group plans biomass energy businesses

20/01/2009 (Biofuel International) - Thailand-based palm oil crushing company Vichitbhan Group is investing almost THB2 billion (€44.3 million) to set up biogas and biomass energy businesses.

MARKET DEVELOPMENT  
  21-01-2009

No tax on palm oil imports, ban on cereals futures to stay: Pawar

21/01/2009 (Live Mint.com), New Delhi - India, the world’s largest buyer of vegetable oils after China, ruled out import taxes on crude palm oil as prices of domestic oilseeds stay above the assured rates that the government pays farmers.

MARKET DEVELOPMENT  
  20-01-2009

Government Mulls Scrapping Palm Oil Windfall Tax

19/01/2008 (Bernama), Putrajaya - The government will consider abolishing Windfall Profit Levy for palm oil if the crude palm oil price rises further, Plantation Industries and Commodities Minister Datuk Peter Chin said Monday.

MARKET DEVELOPMENT  
  20-01-2009

EU Palm Oil Demand Hit

20/01/2009 (The Jakarta Globe) - The European Union’s increasing demand for crude palm oil, or CPO, is evidence of its inconsistent stance on climate change, an environmentalist said on Monday.

MARKET DEVELOPMENT  
  20-01-2009

Rethinking biofuel policies

20/01/2009 (The Jakarta Post) - Alternative energy technologies are likely to become a mainstream issue this year. The volatility of oil prices and dwindling reserves adds incentive for the development of renewable energy sources. The abatement of Greenhouse Gasses (GHGs) emissions, however, is the most frequently cited argument for the promotion of biofuels.

MARKET DEVELOPMENT  
  20-01-2009

Malaysia may scrap palm oil windfall tax

19/01/2009 (Business Times) - THE Malaysia's government is considering a request by domestic palm oil producers, including Sime Darby Bhd and Kuala Lumpur Kepong Bhd, to scrap a windfall tax after the price of the commodity slumped.

MARKET DEVELOPMENT  
  20-01-2009

Plan to Barter Palm Oil for Fertiliser With N. Korea, Russia

18/01/2009 (iStockAnalyst) - MALAYSIA, in efforts to reduce its fertiliser import bill, will barter US$70 million (RM250.6 million) worth of palm oil for fertiliser with North Korea and Russia.

MARKET DEVELOPMENT  
  19-01-2009

Edible oil imports double on duty fears

19/01/2009 (Economic Times), New Delhi - India’s edible oil import more than doubled in December 2008 over the year-ago period as traders are buying on a large scale on apprehension that the government may impose import duty on crude palm oil.

MARKET DEVELOPMENT  
  19-01-2009

Palm-oil Group Plans Bt2-bn Foray Into

19/01/2007 (Nation Multimedia) - Maximising the potential of its palm-oil processing by-products, Vichitbhan Group, the country's leading palm-oil crushing concern, is investing almost Bt2 billion to set up biogas and biomass energy businesses, as well as a fertiliser plant.

MARKET DEVELOPMENT  
  19-01-2009

Malaysia In Fertilizer-CPO Barter Trade With Korea

17/01/2009 (Bernama), Kuala Lumpur - The Ministry of Plantation Industries and Commodities is allowing the importation of fertilizer components into Malaysia for the exchange of crude palm oil (CPO).

MARKET DEVELOPMENT  
  19-01-2009

Last stand for the orangutan

18/01/2009 (The Saultstar) - Hoping to unravel the mysteries of human origin, anthropologist Louis Leakey sent three young women to Africa and Asia to study our closest relatives: It was chimpanzees for Jane Goodall, mountain gorillas for Dian Fossey and the elusive, solitary orangutans for Birute Mary Galdikas.