Archived News

1/5/07 Jakarta (ANTARA News) - Trade Minister Mari Elka Pangestu said there was as yet no need to increase the export tax on crude palm oil (CPO) to countervail an increase in the domestic price of cooking oil.

25/4/07 (Te Star0 - SINGAPORE: Malaysia's palm oil exports rose 27.1% from April 1 to April 25, compared with a month earlier, independent cargo surveyor Societe Generale de Surveillance said.

KUALA LUMPUR, April 27 (Bernama) -- Domestic Trade and Consumer Affairs Minister Datuk Mohd Shafie Apdal reiterated that there is no shortage of cooking oil supply in the market despite media reports on the matter.

29/4/07 (mongabay.com) - The Netherlands has proposed a system to reduce the environmental impact of biofuels production. The country becomes the first in the world to establish such guidelines.

24/4/07 (Business Times) - KUMPULAN Guthrie Bhd, via its Guthrie Foundation, has established a Guthrie Scholar Programme for post-doctoral fellowships in oil palm research.

DUBAI, April 24 (Bernama) -- Egypt, among the fastest growing markets for oils and fats, offers plenty of opportunities and could become the region's trading hub for this sector including palm oil, says Minister of Plantation Industries and Commodities Datuk Peter Chin Fah Kui.

25/4/07 9The Economic Times) - NEW DELHI: Cooking oils are refusing to cool despite a duty cut because tardy imports have sucked the pipeline dry.

24/4/07 (Business Times) - KARACHI: THE Government wants more partnerships among Malaysian palm oil players in their overseas venture that bring about mutual profits.

23/4/07 (Business Times) - KARACHI: Crude palm oil (CPO) is expected to trade above RM2,000 per tonne for the rest of the year and if there is any crop failure throughout the world, it can rocket to as high as RM2,600 per tonne.

21/4/07 (Business Times) - YANMAR Co Ltd has chosen Kota Kinabalu as the location for its first research and development centre outside Japan.

20/4/07 (Business Times) - KARACHI: Federal Land Development Authority (Felda) has sold half of its palm oil refinery in Port Klang for US$5 million (RM17.15 million) to a regional edible oils player, IFFCO Group.

25/4/07 (NSTP) - Many biodiesel licensees are reluctant to set up factories while palm oil is enjoying a global boom.