Archived News
19-08-2008
Victory - Indonesia\'s peat forest gains temporary protection
18/08/2008 (Greenpeace), Riau, Indonesia — In a rare piece of good news for Indonesia's forest, a regional governor has announced an interim ban on deforestation in Riau, one of the areas currently worst affected by rapid deforestation. The ban, especially if made permanent, is also good news for the climate.
19-08-2008
Palm Oil Producers M\'sia And Indonesia Can Offer New World Model On Sustainable Development
18/08/2008 (Bernama), Jakarta - Malaysia and Indonesia, being two major palm oil producers, are in a unique position to offer the world a new resource-based sustainable development model by 2025 with intensive R&D on palm oil and its derivatives, says an internationally renown expert on sustainable development.
19-08-2008
`Lower Price of Gas Used As Oleochem Feedstock\'
18/08/2008 (Red Orbit) - MALAYSIA may see its position as the world's leading oleochemical producer in terms of market share undermined by the high prices of natural gas, industry players say.
19-08-2008
Indonesia Says Palm Oil Demand Strong as Prices Fall
17/08/2008 (Bloomberg) - Indonesia, the world's biggest palm oil producer, expects demand for the vegetable oil to remain strong after prices of the commodity slumped in the past month, Trade Minister Mari Pangestu said.
19-08-2008
China and India cancel or renegotiate CPO deals
15/08/2008 (The Star Online), Singapore - Buyers from China and India, the world’s biggest vegetable oil importers, have cancelled or renegotiated around 800,000 tonnes of palm oil deals in the past few weeks as prices slump, dealers said yesterday.
19-08-2008
Market falls as palm oil prices decline
15/08/2008 (The Edge Daily), Kuala Lumpur - The local stock market fell sharply in thin volume on Friday, with the KLCI posted double-digit declines. A steep fall in certain key blue chips, notably Bumiputra-Commerce and plantation stocks dragged the benchmark index and broader market lower.
15-08-2008
Government wants palm oil to replace 30% of chemical fertiliser imports
15/08/2008 (The Edge Daily) - The government wants to see the palm oil industry reduce the imports of chemical fertilisers by 30%, which will result in savings of RM1.5 billion within the next five years.
15-08-2008
Indian festivals to boost Malaysian palm oil export
14/08/2008 (Commodity Online) - India and Pakistan is set to help Malaysia increase its palm oil exports with the festival season beginning in both the countries in September. To add to that, Malaysia is all set to have a bumper palm oil production.
15-08-2008
Opt For Fertilizers From Oil Palm Waste To Reduce Import Bill, Industry Members Told
14/08/2008 (Bernama), Kuala Lumpur - The palm oil industry will be able to reduce the cost of importing chemical and mineral fertilizers if it can produce and apply biofertilizers from the biomass and waste of oil palm, says Minister of Plantation Industries and Commodities Datuk Peter Chin Fah Kui.
14-08-2008
Asiatic enters palm oil JV in Indonesia
14/08/2008 (The Edge Daily), Kuala Lumpur - Asiatic Development Bhd’s indirect wholly owned unit Ketapang Agri Holdings Pte Ltd (KAH) has teamed up with Singapore-based Palma Citra Investama Pte Ltd and Indonesia-based PT Sawit Mandira to cultivate oil palm on 15,800 hectares of land in Kabupaten Ketapang, Kalimantan, Indonesia.
14-08-2008
India to Import Record Vegetable Oil to Meet Demand, Group Says
13/08/2008 (Bloomberg) - India, the world's biggest buyer of vegetable oils after China, may boost purchases to a record 6 million metric tons this year as domestic supplies lag demand.
14-08-2008
Government Urged to Fast Track Palm Oil Project
14/08/2008 (Solomon Times Online) - Tribal leaders of Auluta Basin in East Malaita have re-echoed their call on the National Government to step up the implementation of the Auluta Basin Palm Oil Project.