Archived News
10-04-2008
Dubai Group buys 30pc in Malaysian company
10/04/2008 (Khaleej Times Online), Kuala Lumpur — Dubai Group, the financial-services unit of Dubai Investment Group, bought a 30 per cent stake in a Malaysian biodiesel company for $49.5 million to help the venture expand capacity and develop new estates.
10-04-2008
CPO to rally on tight vegetable oils supply
10/04/2008 (The Star Online), Petaling Jaya - Crude palm oil (CPO) is expected to trade near the RM4,000 per tonne mark within the next few weeks as fear over vegetable oils supply tightness escalates following strikes in Indonesia and Argentina.
10-04-2008
Govt ups the ante on inflation
10/04/2008 (The Financial Express), New Delhi - The Centre is stepping up its fight to contain price rise. In an attempt to address the issue of demand-supply mismatch in the domestic market, the government-owned trading firm State Trading Corp, invited bids to import 117,000 metric tonne of lentils.
10-04-2008
Govt urged to review 20% rise in export tax on palm oil
09/04/2008 (ANTARA News), Jakarta - The Indonesian Plantation Companies Association (GPPI) has appealed to the government to review its decision to raise progressive tax on palm oil exports to 20 percent.
10-04-2008
Tankers Strike; Oil supply suspended from Karachi Port
08/04/2008 (Pakistan Times), Karachi - The supply of palm oil to the whole country from Karachi lay suspended owing to the oil tankers strike here.
08-04-2008
Malaysia\'s palm oil exports may hit 50 billion ringgit in 2008 - report
07/08/2008 (Forbes), Kuala Lumpur - Malaysia's palm oil exports may hit a record 50 billion ringgit ($15.5 billion) this year after a 42 percent gain in 2007, boosted by strong global demand, the Star newspaper reported Tuesday.
08-04-2008
Record palm oil exports of RM50b seen this year
08/04/2008 (The Star Online), Bangi - The Malaysian Palm Oil Board (MPOB) expects palm oil export earnings to touch a record RM50bil this year on anticipation that the price of the commodity will maintain its bullish run.
08-04-2008
Forest destruction for palm oil continues in Indonesia: Greenpeace
07/04/2008 (PR-inside.com), Jakarta - Indonesia's peat land forests are still being cut down to make way for palm oil plantations despite government pledges to stop the destruction, the environmental group Greenpeace said Monday.
08-04-2008
Indonesia failing to stop forest destruction: Greenpeace
07/04/2008 (AFP), Jakarta — Indonesia is failing to halt the destruction of its peatland forests despite promising to do so during last year's climate change conference in Bali, pressure group Greenpeace said Monday.
08-04-2008
EU Imports More Palm Oil
07/04/2008 (Modern Ghana) - Imports of palm oil into the European Union (EU) are set to grow as it is relatively cheaper than soy or sun oil.
08-04-2008
Tankers Strike; Oil supply suspended from Karachi Port
08/04/2008(Pakistan Times), Karachi - The supply of palm oil to the whole country from Karachi lay suspended owing to the oil tankers strike here.
08-04-2008
Edible oil shortage feared on transporters’ strike
08/04/2008 (Daily Times, Pakistan), Karachi - The edible oil stocks in the mills all over the country remained for two to three days as the private sector transporters have stopped supply in protest on allowing National Logistic Cell (NLC) as an alternative transporter, Pakistan Vanaspati Manufacturers Association (PVMA) said here on Monday.