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MARKET DEVELOPMENT  
  14-12-2005

Russia Offers To Reduce Tariffs For 438 M'sian Products

13/12/05 KUALA LUMPUR (Bernama) -- Russia has offered to reduce tariffs for 438 Malaysian products, a move that is set to raise trade volume to a significantly higher level.

MARKET DEVELOPMENT  
  14-12-2005

Go For Asean Business Conglomerates, Says ABAC

13/12/05 KUALA LUMPUR (Bernama) -- The establishment of Asean corporate entity in the form of conglomerates was the main recommendation by Asean Business Advisory Council (ABAC) to Asean leaders.

MARKET DEVELOPMENT  
  14-12-2005

Busy Day For Asean Leaders At Summit, Arroyo Denies Coup Attempt

14/12/05 KUALA LUMPUR (Bernama) -- The denial of a reported plot in the Philippines to oust President Gloria Macapagal Arroyo stole the thunder on the second day of the 11th Asean Summit here Tuesday.

MARKET DEVELOPMENT  
  13-12-2005

INDIA'S COCONUT OIL COMPETING WITH MALAYSIA'S PALM OIL

12/12/05 PANAJI, Dec 12 (Asia Pulse)) - India's coconut oil was facing a stiff competition against palm oil being imported from countries like Indonesia and Malaysia at a cheaper rate, according to the Coconut Development Board.

MARKET DEVELOPMENT  
  13-12-2005

Malaysia Golden Hope Unit, Palm Board In Biofuel Deal

12/12/05 KUALA LUMPUR (Dow Jones)--Golden Hope Plantations Bhd. Monday said its unit Rubiatec Bhd. and the Malaysian Palm Oil Board will jointly build a biodiesel plant.

MARKET DEVELOPMENT  
  13-12-2005

China To Cancel Quota Control Over Import Of Soybean Oil

BEIJING, Dec 12 Asia Pulse - China will cancel the quota control and state trade management over the import of soybean oil, palm oil and rapeseed oil as of January 1, 2006, according to the Ministry of Commerce.

MARKET DEVELOPMENT  
  13-12-2005

Biodiesel players tie with MPOB

134/12/05 (The Star) - MALAYSIA'S pioneer biodiesel players - Golden Hope Plantations Bhd (GHope), Kumpulan Fima Bhd and Carotino Sdn Bhd - yesterday expressed strong confidence in their partnerships with the Malaysian Palm Oil Board (MPOB) to produce biodiesel.

MARKET DEVELOPMENT  
  13-12-2005

Malaysia, South Korea Sign MoU On Biofuel

12/12/05 PUTRAJAYA, (Bernama) -- Malaysia and South Korea, Monday signed a Memorandum of Understanding (MoU) for collaboration in research and development (R&D) relating to biofuels, particularly oil palm based.

MARKET DEVELOPMENT  
  13-12-2005

MPOB To Help Build 3 Bio-Diesel Plants

12/12/05 PUTRAJAYA, (Bernama) -- In support of the government's move towards renewable energy supply, the Malaysian Palm Oil Board (MPOB), Monday entered into agreements with three companies, namely Rubiatec Sdn Bhd, a subsidiary of Golden Hope Plantations Bhd; Kumpulan Fima Bhd and; Carotino Sdn Bhd for the development of three bio-diesel plants.

MARKET DEVELOPMENT  
  13-12-2005

Indonesia And Malaysia Can't Fix CPO Prices

12/12/05 JAKARTA, (Asia Pulse) - The Asean Vegetables Oil Club (AVOC) said it is impossible for Malaysia and Indonesia, the world's largest and second largest producers of crude palm oil [CPO], to set the price of the commodity

MARKET DEVELOPMENT  
  13-12-2005

Kellogg's Trans-Fat Tradeoff

12/12/05 (Financial Times) - With a new Food and Drug Administration labeling guideline just weeks away, Kellogg (NYSE: K - News) disclosed Friday that it will replace oils high in trans fatty acids in some of its products with a new soy oil that promises to cut or eliminate trans fat content.

MARKET DEVELOPMENT  
  13-12-2005

Don't Interfere, Masing Tells NCR Landowners

11/12/05 KANOWIT (Bernama) -- Sarawak Land Development Minister Datuk Dr James Jemut Masing is concerned over the tendency among some landowners and politicians to interfere in the running of oil palm plantations on native customary right (NCR) lands in the state.