Archived News

01/01/2008 (The Star Online) - Oil palm companies are subjecting themselves to scrutiny to meet consumer demand for eco-friendly palm oil. Palm oil is heading for certification – the first tangible sign of a commitment towards sustainable production of the versatile yet controversial commodity.

02/01/2008 (The Bangkok Post) - India-Asean free trade talks are scheduled to resume next week and, if all goes well, a deal will be concluded in March and signed by June after missing earlier deadlines, according to Thai authorities.

01/01/2008 (The Daily Times, Pakistan), Islamabad - Pakistan and Malaysia are set to enter into a free trade arrangement (FTA) from New Year today under Malaysia-Pakistan Closer Economic Partnership Agreement (MPCEPA) 2008-2014.

28/03/2008 (ICIS News), Singapore - Indonesia will double the taxes slapped on crude palm oil (CPO) exports in April to curb inflation, but oleochemical makers were cautiously optimistic that this would increase local feedstock supply and lower prices, industry sources said on Friday.

31/12/2007 (The Star Online), Kuala Lumpur - The East Coast Economic Region (ECER) plans to integrate cattle rearing in oil palm lands will provide dual income to oil palm farmers and can create 6,000 new job opportunities for the region, said Malaysian Palm Oil Board’s director-general Datuk Dr Mohd Basri Wahid.

30/12/2007 (The Hindu Business Line), Mumbai - Commodity markets were shaken out of the laidback style that usually marks this time of the year, the holiday season. Perceived geopolitical risk following political developments in Pakistan on Thursday had an immediate impact on the crude market and on gold as well.

29/12/2007 (Newindpress.com), New Delhi - Centre has banned the import of palm group of oils through all the ports located in Kerala. R S Gujral, Director General of Foreign Trade, Union Commerce Ministry in a notification on Wednesday banned the imports of palm oil and its fraction, whether or not chemically modified, crude palm oil, other palm oil, RBD palm oil, RBD palmolein, other such oil, palm kernel oil through the ports of Kerala.

30/12/2007(Pacific Magazine) - Woodlark Island in Papua New Guinea’s Milne Bay province will become the subject of a study by U.S. scientists early next year.

28/12/2007 (The Economic Times), Kalkata - To protect the interest of coconut growers in Kerala, the Centre has banned palm oil product imports through any ports of the state. The government ban came through a notification dated December 24, 2007, issued by the directorate general of foreign trade (DGFT), under the Union commerce ministry.

27/12/2007 (The Hindu), New Delhi - In a move aimed at protecting the coconut farmers in Kerala, the Centre has banned import of palm group of oils through the ports of the state.

27/12/2007 (The Economic Times), New Delhi - India has extended a ban on the import of palm oils to all ports in southern Kerala state after lobbying from producers of rival coconut oil, drawing criticism from a leading trade body.

28/12/2007 (The Economic Times), Mumbai - Edible oil prices have gone up in the domestic market following a firm international soya complex and palm oil prices. Prices have gone up by Rs 1-Rs 1.5 per kg for all edible oils since the past 15 days despite good supplies.