Archived News

23/01/2008 (NST Online), Rantau Panjang - Police seized 782 kg of cooking oil worth about RM2,400 inside packages of diapers in an operation at the Che Dollah illegal jetty on Sunday.

22/01/2008 (Blogging Stocks.com) - The decade's dramatic rise in crude oil prices to roughly $90 per barrel levels has had a lesser-known, but equally consequential impact on life in the developing world -- a rise in price of cooking oils from palm, soybean and many other types of vegetable oils, The New York Times reported.

21/01/2008 (People's Daily Online, China, P.R.) - Supply of cooking oil to Rantau Panjang, Malaysia-Thailand border town, will be reduced to curb smuggling which has become rampant, Malaysian official said in Kota Baharu, capital city of northern Kelantan state on Monday.

22/01/2008 (Straight Goods.com), Kuantan - Rising prices for cooking oil are forcing residents of Asia’s largest slum, in Mumbai, India, to ration every drop. Bakeries in the United States are fretting over higher shortening costs. And here in Malaysia, brand-new factories built to convert vegetable oil into diesel sit idle, their owners unable to afford the raw material.

24/01/2008 (The Bangkok Post) - It is high time that Thailand took serious steps to develop sustainable energy sources for a sustainable future. His Majesty the King has called for greater use of biodiesel, gasohol and other alternative energy sources, to reduce the import of oil, which costs the country billions of baht annually.

23/01/2008 (Inquirer.net) - THE HOTTEST debate in town involves something vital to motorists: fuel. Sen. Miriam Defensor-Santiago, who ironically enough authored the Biofuels Act of 2007, wants to apply the brakes on its implementation, citing the recent warning of 1998 Nobel laureate for chemistry Dr. Hartmut Michel that our government’s biofuels program could endanger the country’s food security and harm the environment.

21/01/2008 (Bernama), Kota Bharu - Supply of cooking oil to Rantau Panjang will be reduced to curb smuggling which has become rampant.

21/01/2008 (Bernama), Brussels - Malaysia, along with Indonesia, will be closely monitoring developments within the European Union (EU) regarding a draft law that proposes to ban imports of certain biofuels, sources here told Bernama.

23/01/2008 (Wall Street Journal) - The European Union will move today to protect its ailing transport-biofuels industry from foreign imports with measures that would force companies to show their fuels are helping the environment more than they are hurting it, according to documents seen by The Wall Street Journal.

23/01/2008 (Associated Press), Bangkok, Thailand — The world's rush to embrace biofuels is causing a spike in the price of corn and other crops and could worsen water shortages and force poor communities off their land, a U.N. official said Wednesday.

23/01/2008 (Daily Express, East Malaysia), Kota Kinabalu - Sabah is seeking RM1 billion from the Federal Government for continued development of the Palm Oil Industrial Cluster (POIC) in Lahad Datu over the next 18 years as part of the Sabah Development Corridor programme.

22/01/2008 (Bloomberg) - India, the world's second-biggest buyer of vegetable oils, may import 5 percent more of the commodity to boost supplies as domestic oilseed production falls, a trade body said.