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MARKET DEVELOPMENT  
  13-10-2005

Four edible oil refineries being set up to cut imp

12/10/05 (Daily Times) - KARACHI: Some four edible oil refineries arelikely to start operations early next year, which would help to reduce thecountry’s edible oil import bill significantly.

MARKET DEVELOPMENT  
  13-10-2005

Investor interest turns to Hovid

12/10/05 (The Star) - THE shares of parent company Hovid caught theinterest of investors yesterday, after having lagged the 90% surge in theshare price of its subsidiary, Carotech.

MARKET DEVELOPMENT  
  13-10-2005

MALAYSIA PRESS: Golden Hope Gets Biofuel Project C

9/10/05 KUALA LUMPUR (Dow Jones)--Malaysia's Golden Hope Plantations Bhd.has won a government contract to build one of the country's three biofuelplants, the daily New Straits Times reports. Contracts for the threeplants are worth a total MYR120 million.

MARKET DEVELOPMENT  
  13-10-2005

Malaysia to increase bio-fuel use

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MARKET DEVELOPMENT  
  13-10-2005

Malaysia To Require Use Of Biodiesel

10/10/2005 (Financial Times UK) - Malaysia may become the first Asiancountry to require the replacement of diesel fuel with biofuel forvehicles and machinery, in an effort to cut costly fuel subsidies andboost the local palm oil industry.

MARKET DEVELOPMENT  
  13-10-2005

No buyers for Indonesian palm oil amid uncertainty

12/10/05 JAKARTA (AFP): Stockpiles of Indonesian crude palm oil (CPO) arebuilding up with buyers holding back purchases pending a new directive onexport tariffs, an industry executive said Wednesday.

MARKET DEVELOPMENT  
  13-10-2005

No Evidence Of Threat To Wildlife Caused By Oil Pa

12/10/05 KUALA LUMPUR, (Bernama) -- There is no evidence of a threat towildlife caused by oil palm plantations, three palm oil-basedorganisations reiterated, Wednesday.

MARKET DEVELOPMENT  
  13-10-2005

Palm oil industry said destroying indigenous land

12/10/05 (Sabah Daily Express) - Kuala Lumpur: Malaysia's lucrativepalm oil industry and unabated logging are destroying native lands ineastern Sarawak state, while indigenous people are left in extremepoverty, an environment group said Tuesday.

MARKET DEVELOPMENT  
  13-10-2005

Palm oil plantation gets support from Malaysia

11/10/05 (Mindanao News) - THE Mindanao Economic Development Council(MEDCO) has started consultations with local chief executives on theMalaysian-backed development of palm oil areas in Mindanao.

MARKET DEVELOPMENT  
  10-10-2005

Golden Hope chief exec on factors driving the rall

7/10/ 2005 (The Star) - PALM oil prices are rallying and so are shareprices of plantation companies on Bursa Malaysia. With IOI Corp Bhdhitting its all-time high and Golden Hope Plantations Bhd at a multi-yearhigh, optimism surrounding plantation stocks is at a near fever pitch. Aglobal push towards biodiesel is a key factor in the increase in crudepalm oil prices, which has a favourable impact on plantation stocks onBursa Malaysia. STARBIZ asked Golden Hope chief executive Datuk SabriAhmad to shed some light on what is happening in the plantation sector andits outlook.

MARKET DEVELOPMENT  
  10-10-2005

Herbal Based Products A New Agenda For Felda

HERBAL PRODUCTS... Felda Herbal Corporation Sdn Bhd, a new player in theherbal industry, has marketed 19 products under the Biofeld brand. Pix:Melati Mohd Ariff

MARKET DEVELOPMENT  
  10-10-2005

Malaysia likely to legislate biofuel use

07/10/05 (FT.com) - Malaysia may become the first Asian country to requirethe replacement of diesel fuel with biofuel for vehicles and machinery, inan effort to cut costly fuel subsidies and boost the local palm oilindustry.