Archived News

6/6/07 (The Wall Street Journal) JAKARTA, Indonesia -- The government may require mining companies to put aside part of their production for the domestic market to ensure supply at affordable prices, said Robert Tambunan, an official at Indonesia's Ministry of Energy and Mineral Resources.

4/6/07 (Business Times) - MALAYSIA's palm oil, which has gained acceptance in the food processing industry in the US after a long-drawn battle with soyabean oil, is now up against environmentalists in the European Union (EU).

2/6/07 (The News, Pakistan) - ISLAMABAD: The government is considering proposals to reduce the taxes on cooking oil and Vanaspati Ghee in the country. The decision in this regard is likely to be announced in the budget 2007-08.

21/5/07 (AP)- KUALA LUMPUR, Malaysia -- Malaysia will introduce a new law to regulate genetically modified foods but the move is not aimed at stopping imports of biotech products, officials said Monday.

31/5/2007 Business Times (Malaysia) -- SmallHolders are encouraged to improve their oil palm yield by adopting better agricultural practices so as to raise the industry average of 4 tonnes per ha per year.

29/507 (REUTERS) - Bound hand and foot, dishevelled orangutans caught raiding Borneo's oil palm crops silently await their fate as a small crowd of plantation workers gather to watch.

28/5/07 (Xinhua) - Indonesia and Malaysia have agreed to coordinate in efforts against an anti-palm oil campaign in the United States and Europe, Indonesian Industry Minister Fahmi Idris said in Jakarta Monday.

28/5/07 (ohmynews) - Indonesia and Malaysia, two of the world's largest palm oil producers, reaffirmed plans to set aside a combined 12 million metric tons of palm oil a year for biodiesel production on Friday despite criticism of the industry from the West and a recent surge in palm oil prices that could threaten biodiesel projects.

29/5/07 (The Jakarta Post) - JAKARTA: The government, in cooperation with cooking oil producers, has stepped up market operations to press down cooking oil prices to a range of 6,500-Rp 6,800 per kilogram in Jakarta and its surrounding towns amid the steady hike in the prices of crude palm oil.

29/5/07 (PTI) New Delhi, : The National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) has decided to actively trade in imported edible oils after failing to procure sufficient quantity of mustard seeds from domestic market due to high price.

26/5/07 (NSTP) - MALAYSIA and Indonesia, the world's top two largest palm oil producers, have teamed up to combat palm oil smear campaigns being launched against them in the West.

25/5/07 (The News) - KUALA LUMPUR: Malaysian crude palm futures closed 2.2 percent higher on Friday, hitting a fresh near-nine-year high on a spike in rival soy oil and firm exports.