Archived News
17-11-2008
Peru To Lure Investments Worth US$6 Bln From Asia-Pacific Economies
16/11/2008 (Bernama), Kuala Lumpur - Peru expects to lure investments worth US$6 billion from Asia-Pacific economies despite tough global economic conditions after it hosts the region's biggest gathering of leaders, ministers and top-ranking businessmen this week at its capital in Lima.
17-11-2008
KCCI asks Malaysian investors to set up palm oil refineries
16/11/2008 (The News, International), Karachi - Vice President of Karachi Chamber of Commerce and Industry (KCCI), Muhammad Ali advised that Malaysian investors may invest in Pakistan in food processing, agriculture, dairy farming, textile, health, construction & mining sectors.
17-11-2008
Have a break, have a Kit Kat – and wreck rainforests
16/11/2008 (Times Online, UK) - Household brands including Kit Kat, Flora and Dove soaps have been linked to the mass destruction of Asian rainforests for palm oil plantations.
17-11-2008
Univanich confirms Indonesian venture
15/11/2008 (Bangkok Post) - SET-listed Univanich Palm Oil Plc (UVAN), the country's largest producer of palm oil, will go ahead with a joint venture with an Indonesian partner to develop palm seeds in Indonesia.
17-11-2008
Edible oil imports jump 19% on lower global price
15/11/2008 (Economic Times), Mumbai - With a 19% jump in India's edible oil imports in 2007-08, the industry feels that the government should impose import duty as the prices of edible oil are down by over 35% in the past two months in the domestic market. A further fall will affect the farmers and industry as well, they added.
17-11-2008
First batch of certified palm oil en route to Europe
14/11/2008 (ICTSD) - The first shipment of ‘sustainable’ palm oil left Malaysia for the Netherlands this week, but some conservationists argue that the system used to certify the oil is not strong enough to prevent environmental damage.
17-11-2008
A Scenario to Cope With Palm Oil Crisis
14/11/2007 (TEMPO Interactive), Palembang - The South Sumatra administration has prepared three scenarios to rescue palm oil and rubber farmers devastated by the impact of the global economic crisis.
14-11-2008
Palm oil may average 32% lower in 2009 on oversupply, CLSA says
14/11/2008 (The Edge Daily), Kuala Lumpur - The price of palm oil may average 32% lower next year, partly because of oversupply and fading demand for biofuels, CLSA Asia-Pacific Markets said.
14-11-2008
First batch of \"sustainable\" palm oil on way to UK
14/11/2008 (Business Green) - The first shipment of palm oil certified as environmentally sustainable by the Roundtable on Sustainable Palm Oil (RSPO) is on its way from the rainforests of Malaysia to the UK this week, where it will eventually end up on the shelves of Sainsbury's supermarkets.
14-11-2008
Greenpeace: Certified ‘Sustainable Palm Oil’ Not Eco-Friendly
13/11/2008 (Environmental Leader) - Greenpeace said the first shipload of palm oil certified as “sustainable oil†from United Plantations, does not meet the criteria set for an environmentally friendly product. Greenpeace says the company does not comply with local Indonesian laws that protect the environment and has land conflicts with locals.
14-11-2008
Sustainable shipment opens new palm oil options
13/11/2008 (Lepidopterology) - The arrival of the first certified sustainable palm oil shipment in Europe opens up possibilities for palm oil users to move away from subsidising forest destruction and social disruption from expanding palm oil plantations.
14-11-2008
Humble Oil Palm May Hold Key To Preventing Landslides, Protecting Slopes
13/11/2008 (Bernama), Penang - The humble oil palm tree may just hold the key to preventing landslides and protecting slopes.