Archived News

1/9/05 (The Star) - COMPANIES that are export-based may see some revenuebeing eroded by the ringgit depeg but those contacted by StarBiz wereoptimistic that they would be able to withstand the stronger currency andmaintain their competitiveness in the global market.

28/8/2005 KORONADAL CITY (MindaNews) -- A farmers’ group has asked theSangguniang Panlungsod here to pass an ordinance banning oil palmplantations in the area, claiming they pose "risk to food security andself-sufficiency."

01/09/ 2005 (The Star) - WHILE plans for its proposed listing is still upin the air, Felda Holdings Bhd is set to drive the Felda group's five-yeargrand plan into motion that aims to transform the plantation giant into aformidable champion in the global oil palm sector.

25/08/05 KUCHING, (Bernama) -- The government wants Malaysian plantationcompanies operating in Indonesia to have good agricultural practices,including zero-burning to ensure that its palm oil is acceptable by theenvironmentally-friendly European markets.

29/08/05 ( Business Line) - The issue of environmental implications of oilpalm cultivation in Malaysia came out prominently in the interview withthe Malaysian Minister of Plantation Industries and Commodities, DatukPeter Chin, "Malaysia would like to see India as its hub for Palm Oil"(Business Line, August 12).

30/08/05 DAVAO CITY, (Asia Pulse) - Agriculture officials areintensifying the expansion of oil palm plantations in Mindanao in a bid tocomplement the increasing demand in the local market.

30/08/05 PENANG, (Bernama) -- Universiti Sains Malaysia (USM) hasintroduced an engine that runs on vegetable oil.

31/08/05 JAKARTA, (Asia Pulse) - The rupiah's depreciation will increasethe competitivenss of Indonesian crude palm oil (CPO) on the internationalmarket and raise the price of fresh oil-palm fruit at the farmers' level,an industry spokesman said.

29/08/05 (foodchina.com) - The palm oil price has continued increasingthis week the domestic ports and the trade volume has been the same withlast week. 20,000 tons of palm oil arrived at Tianjin port this week, withthe current stocks at 50,000 tons, and the current price at 4340 Yuan perton, up 40 Yuan per ton from last weekend. 5000 tons of palm oil arrivedat Zhangjiagang port, with the current stocks at 20,000 tons, and theprice at 4320 Yuan per ton, up 80 Yuan per ton from last weekend. Thecurrent palm oil stocks are at 55,000 tons at Guangzhou port, with thecurrent price at 4200 Yuan per ton, up 60 Yuan per ton from last weekend,and as 25,000 tons of palm oil will arrive soon, the price increase willbe limited.

With bad reputation shoved aside, demand for the ingredient is growing.

25/08/05 KUCHING, (Bernama) -- The government wants Malaysian plantationcompanies operating in Indonesia to have good agricultural practices,including zero-burning to ensure that its palm oil is acceptable by theenvironmentally-friendly European markets.

24/08/05 JAKARTA, (Asia Pulse) - The operator of the Teluk Bayur port ofWest Sumatra PT Pelabuhan Indonesia (Pelindo) II said it will build acrude palm oil (CPO) terminal due to an increase in shipments of thatcommodity from the province.