Archived News

05/10/2007 (Daily Express News), Sandakan - Industrial Development Minister, Datuk Ewon Ebin said self-regulation is the key to the palm oil industry's sustainability over the long term.

05/10/2007 (The Daily Star) - If there is anything that disturbs and unnerves people as much as political violence, it is unbridled price hike of essentials, especially food items. And if there is anything challenging to the administration, it is controlling it. The country now faces a daunting list of problems that is a legacy of the past alliance government. Corruption has eaten away at the basic processes of administration.

08/10/2007 (Commodity Online), MUMBAI - India’s largest commodity bourse, the Multi Commodity Exchange (MCX), is planning to launch crude palm oil futures soon.

04/10/2007 (The Star Online), SANDAKAN - Oil palm companies in the east Asean growth area must adopt "self regulation" through sustainable development to counter the anti-palm oil lobby.

04/10/2007 (The Hindu), New Delhi - The government has left the base price or tariff value for levying customs duties on palm oil and soyabean oil unchanged for the next fortnight to stabilise prices their at current levels.

05/10/2007 (Reuters) - Malaysian palm oil futures have lost four percent since Monday, tracking to a sell-off in soybean oil and crude oil markets.

05/10/2007 (The International News), Jakarta - Indonesian palm oil prices edged up on Thursday, powered by a combination of gains in Malaysia and a weakening rupiah, while the olein market remained quiet ahead of Eid-ul-Fitr next week.

04/10/2007 (The Edge Daily), Kuala Lumpur - MWE Holdings Bhd is diversifying into palm oil activities via the acquisition of Fauzi Lim Plantation Sdn Bhd (FLP), which manages and operates a 2,023.4 hectare oil palm plantation in Gua Musang, Kelantan, for RM34.2 million cash.

04/10/2007 (Bernama), London - Indonesian Agriculture Minister Anton Apriyantono on Wednesday launched a campaign on "Promotion of Indonesian Sustainable Palm Oil" following negative campaigns by European NGOs' on Indonesia's oil palm plantations.

04/10/2007 (Reuters), London - The biofuels bandwagon may be running out of gas with soaring costs for feedstocks like wheat and palm oil prompting producers to shelve planned plants and cut output at existing facilities.

03/10/2007 (The Jakarta Post) - The latest figures from the Central Statistics Agency (BPS) show that the government's attempts to control cooking oil prices by hiking the export duty on crude palm oil may finally be bearing fruit, albeit at the expense of the country's exports.

04/10/2007 (The Star Online), NIBONG TEBAL - Eonmetall Group Bhd will soon deliver the country’s first solvent extraction plant to a major plantation player in Johor Baru that owns and operates over 11,000ha of oil palm plantations in the country.