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MARKET DEVELOPMENT  
  05-04-2006

MCX, Bursa Malaysia to launch palm oil contracts

30/3/06 (Business Standard India) - Multi-Commodity Exchange of India (MCX) today signed a memorandum of understanding with Bursa Malaysia Derivatives Berhad (BMD) for developing the commoditiy market and for cross-listing of products. Initially, the exchanges will start a futures contract in crude palm oil soon.

MARKET DEVELOPMENT  
  05-04-2006

Biodiesel fuels Asia plantation stocks amid 'renewables drive'

2/4/06 SINGAPORE( Gulf Times) - Living in one of Asia's most polluted cities has piqued Putut Andanawarih's interest in a cleaner form of fuel known as biodiesel.

MARKET DEVELOPMENT  
  05-04-2006

India veg oil base price cuts to have marginal impact

31/3/06 NEW DELHI (Reuters) - India, the world's leading edible oil importer, on Friday trimmed the base import prices of palm oils and crude soybean oil, but traders said the cuts would have only a marginal effect on domestic prices.

MARKET DEVELOPMENT  
  05-04-2006

Sarawak To Collect RM1.9 Million In Plantation Levy

KUCHING, March 31 (Bernama) -- The Sarawak government is expected to collect RM1.9 million in revenue this year following the implementation of the annual assessment rate on oil palm plantations, State Environment and Public Health Minister Datuk Michael Manyin said Friday.

MARKET DEVELOPMENT  
  05-04-2006

New agriculture scheme for players

3/4/06 (The Star) - IT was a clear-cut message from the Government to position the agriculture sector as the country's third economic growth engine in the Ninth Malaysia Plan (9MP).

MARKET DEVELOPMENT  
  05-04-2006

Indonesia, Malaysia to team up in crude palm oil venture

31/3/04 (The Jakarta Post) Kuala Lumpur - Indonesia and Malaysia have agreed to form a strategic alliance to produce, market and export crude palm oil (CPO), with business players assuming the collaborative effort as an attempt to form a cartel and thereby control the price of the commodity on the international market.

MARKET DEVELOPMENT  
  30-03-2006

Biodiesel production to top 6m tonnes by 2006

29/3/2006(Reuters) - The European vegetable oil producers and processors federation (Fediol) has predicted that biodiesel production within the EU could grow to more than six million tonnes by the end of next year, Reuters reports.

MARKET DEVELOPMENT  
  30-03-2006

Agriculture to be major focus of 9MP

30/3/06 PETALING JAYA (The Star) - The agriculture sector is widely expected to be the main focus of the Ninth Malaysia Plan (9MP) to be announced tomorrow.

MARKET DEVELOPMENT  
  30-03-2006

Felcra hopes for RM1b under Ninth Malaysia Plan

29/3/06 KUALA LUMPUR(The Star) - Felcra Bhd hopes to secure RM1bil under the Ninth Malaysia Plan to fund its capital expenditure for special projects, said chairman Datuk Hamzah Zainudin.

MARKET DEVELOPMENT  
  30-03-2006

GHope CEO: Give biodiesel incentives

28/3/06 KUALA LUMPUR ( The Star) - Golden Hope Plantations Bhd (GHope) suggests more incentives be introduced to develop the biodiesel industry under the Ninth Malaysia Plan (9MP).

MARKET DEVELOPMENT  
  30-03-2006

Biotech industry calls for more R&D funds

28/3/06 KUALA LUMPUR (The Star) -The Malaysian BioIndustry Organisation hopes the Government will allocate more funds for research in biotechnology and devote some attention to environmental protection under the Ninth Malaysia Plan (9MP).

MARKET DEVELOPMENT  
  30-03-2006

Malaysian execs to help promote oil palm industry

29/3/06 (The SunStar) - A RANKING Malaysian foreign ministry official vowed to convince big businessmen and even government corporations in his country to invest in oil palm industry in Mindanao after a trade visit in the area