Archived News
03-09-2007
Palm oil mills dumping waste, minister promises action
29/08/2007 (The Star Online), Kota Kinabalu - Some palm oil mill operators are allegedly dumping waste into Sabah rivers, prompting a pledge from a state minister to personally track down these "recalcitrants."
03-09-2007
Indonesia plans to scrap palm oil VAT
30/08/2007 (Reuters), JAKARTA - Indonesia plans to scrap a 10 percent value-added tax (VAT) on crude palm oil sold to cooking oil processors and peg a tax on palm oil exports to global prices to ease local cooking oil prices, Agriculture Minister Anton Apriyantono said on Wednesday.
03-09-2007
Palm Oil Yield To Expand By Up To 25 Tonnes With New Technologies
29/08/2007 (Bernama), Kuala Lumpur - The average yield of oil palm fresh fruit bunches (FFB) is expected to increase by up to 25 tonnes per hectare per year with the application of new technologies, the Malaysian Palm Oil Board (MPOB), said today.
03-09-2007
Palm Oil Use Increases In U.S. Food Industry
29/08/2007 (Bernama), Kuala Lumpur - The trans fatty acids (trans fats or TFA) issue in the U.S. has prompted a significant increase in palm oil use by the food industry in that country, a top official of the Institute of Shortening and Edible Oils (ISEO) in Washington said today.
03-09-2007
Price A Major Factor In Determining Palm Oil Demand In India
30/08/2007 (Bernama), Kuala Lumpur - Pricing will be one of the major factors in determining the share that Malaysian palm oil can command in India's lucrative edible oils market, according to an Indian vegetable oils industry official.
03-09-2007
Participate Actively In Roundtable Sustainable Palm Oil, Says MPOB
30/08/2007 (Bernama), Kuala Lumpur - Malaysia wants all palm oil industry players to actively participate in the Round Table on Sustainable Palm Oil (RSPO) in efforts to address the misconceptions and negative reports and issues surrounding palm oil plantations.
03-09-2007
India’s veg oil imports to soar
30/08/2007 (Commodity Online), MUMBAI - India is expected to import 5-6 lakh tonnes of various vegetable oils every month during the August-October period, which will take the total import for 2006-07 (November-October) to 4.8 million tonnes, compared to 4.4 million tonnes last year.
03-09-2007
No change in tariff value of imported edible oils
31/08/2007 (The Economic Times), NEW DELHI - The Finance Ministry today kept the base price of imported edible oil unchanged for the next fortnight, a move aimed at stabilising rates of commodities at current levels.
03-09-2007
Codes Of Practice For Palm Oil Industry To Take Effect 2008
August 30, 2007 (Bernama), Kuala Lumpur - The Codes of Practice (COP) for the Malaysian palm oil industry, launched at the International Palm Oil Congress (PIPOC) 2007 here today, will take effect by middle of next year.
03-09-2007
Palm Oil Not The Cause For Shrinking Number Of Orang Utans, Says GAPKI
August 30, 2007 (Bernama), Kuala Lumpur - Not all environment issues and related problems like the shrinking number of orang utans in Indonesia can be blamed on the expansion of oil palm plantations in the country, says an industry member.
03-09-2007
New strategies needed to fight competition
29/08/2007 (The Star Online), KUALA LUMPUR - Malaysia's continued access to the world palm oil market will depend on the industry’s innovative strategies, branding and effective brand support services.
29-08-2007
Crude palm oil production expected to drop
28/08/2007 (The Star Online), KUALA LUMPUR - Malaysian Palm Oil Board (MPOB) expects crude palm oil (CPO) production will likely drop as low as 14 million tons this year, falling short of its earlier estimate of 16.5 million tons.