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MARKET DEVELOPMENT  
  23-01-2006

Govt Gets Final Shipment Of Locomotives

21/1/06 PORT KLANG (Bernama) -- The government Saturday received the final shipment of 20 high-powered diesel locomotives from China which will help to boost Keretapi Tanah Melayu Bhd (KTM Bhd) freight services capacity by five-fold.

MARKET DEVELOPMENT  
  20-01-2006

Malaysian Palm Oil Industry Likely To Expand This Year

17/1/06 CYBERJAYA, (Bernama) -- The Malaysian palm oil industry is likely to expand aggressively with the increasing demand for the commodity, particularly due to its usage for biodiesel, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said.

MARKET DEVELOPMENT  
  20-01-2006

M'sian & Indon Business Councils' Pact To Boost Palm Oil

17/1/06 CYBERJAYA, (Bernama) -- The Malaysian Business Council and Indonesian Business Council have agreed to collaborate in both upstream and downstream activities of the commodity sector, giving a further boost to the palm oil industry of both countries.

MARKET DEVELOPMENT  
  20-01-2006

No FED on ghee and cooking oil production

20/1/06 (Daiy Times) - SLAMABAD: The Central Board of Revenue (CBR) has announced that no federal excise duty (FED) is chargeable on the domestic production or manufacturing of ghee and cooking oil and other edible oil.

MARKET DEVELOPMENT  
  20-01-2006

Chong to take up palm oil pollution with KL

19/1/06 Kota Kinabalu (Daily Express) - The State Cabinet has given Tourism, Culture and Environment Minister Tan Sri Chong Kah Kiat the green light to discuss with the Federal Government a proposal to ban palm oil mills from discharging effluents into rivers.

MARKET DEVELOPMENT  
  20-01-2006

Olive cultivation to enhance edible oil production

20/1/06 ISLAMABAD (DailyTimes) - The government is contemplating a plan to enhance cultivation of olive plants in the country and farmers have been offered incentives to encourage them to promote olive production.

MARKET DEVELOPMENT  
  20-01-2006

Palm oil mills better beware

18/1/06 Sandakan (Daily Expres) - Deputy Chief Minister Tan Sri Chong Kah Kiat ordered the management of a palm oil mill at Segaliud, 70km from here, to stop discarding toxic wastes into the nearby river, with immediate effect.

MARKET DEVELOPMENT  
  20-01-2006

Major Countries Keen To Operate Winter Technology Biodiesel Plant

18/1/06 BANGI, (Bernama) -- Major countries in the world including Germany, are applying for a licence to operate a winter technology biodiesel plant using palm oil, said Malaysian Palm Oil Board (MPOB) director-general, Tan Sri Dr Yusof Basiron.

MARKET DEVELOPMENT  
  20-01-2006

Felda aid for Sabah poor

20/1/06 TUARAN (Daily Express) - Sabah will receive about RM150mil over the next five years to help poverty-stricken families in the state.

MARKET DEVELOPMENT  
  20-01-2006

GHope Aims For RM1 Bln Profit

19/1/06 KUALA LUMPUR, (Bernama) -- Golden Hope Plantations Bhd, the world's second biggest producer of fatty acids, aims to achieve RM1 billion in pre-tax profit in four years.

MARKET DEVELOPMENT  
  17-01-2006

Govt cuts base import price of crude palm, soybean oil

16/1/06 (India Online) - The Government on Monda announced that it had marginally slashed the base import prices of crude palm and soybean oils. India is one of the world's leading edible oil importers and imports 150,000-200,000 tons of crude palm oil every month.

MARKET DEVELOPMENT  
  17-01-2006

RI, Malaysia to set up palm oil body

15/1/06 (The Jakarta Post) - Indonesia and Malaysia, two of the world's largest crude palm oil producers, agreed last week to set up a joint body to regulate the international price of the commodity.