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MARKET DEVELOPMENT  
  16-08-2006

BNM's Murabahah To Use CPO As Underlying Transaction Tool

KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM)'s Murabahah instrument will use crude palm oil (CPO) as the underlying transaction tool, said chief executive officer, Yusli Mohamed Yusoff.

MARKET DEVELOPMENT  
  16-08-2006

Narrower CPO-soybean prices

14/8/06 (The Star) - THE strengthening of the crude palm oil (CPO) prices has generated optimism that the commodity is fast narrowing the price differential gap with its major edible oil rival, soybean.

MARKET DEVELOPMENT  
  16-08-2006

Asean Fibre Technology Conglomerate Gets More Participation

KUALA LUMPUR, Aug 14 (Bernama) -- A truly Asean venture in producing fibre from palm oil waste, combining the resources of Malaysia, Singapore and Thailand is fast gaining prominence as more firms not only signal their intent to join the bandwagon, but Australia has even opened its market for the finished products.

MARKET DEVELOPMENT  
  16-08-2006

Customs duty on palm oils, palmolein cut by 10 pc

11/8/06 (PTI) New Delhi - The Government today cut customs duty on crude palmolein from 80 per cent to 70 per cent.

MARKET DEVELOPMENT  
  16-08-2006

Edible oils likely to rule firm in short term

13/8/06 (The Hindu) Chennai - Despite the Centre cutting the Customs duty on palm group of oils by 10 percentage points on Friday, edible oil prices are likely to rule firm at least until November.

MARKET DEVELOPMENT  
  16-08-2006

Biofuel hub in Tanjung Langsat a great boost

16/8/06 (NSTP) PASIR GUDANG: Malaysia has the potential to become a frontline researcher in biodiesel products with the setting up of a biofuel hub in Tanjung Langsat.

MARKET DEVELOPMENT  
  16-08-2006

Powering bio diesel

13 Aug 2006 (NSTP) - NOTHING quite like this has happened to the palm oil industry before.

MARKET DEVELOPMENT  
  16-08-2006

CBIP unit gets contracts worth RM70.4m

14/8/06 (The Edge News) - CB Industrial Product Holding Bhd (CBIP) subsidiary, Modipalm Engineering Sdn Bhd, has been awarded two contracts totalling RM70.4 million from Felda Palm Industries Sdn Bhd.

MARKET DEVELOPMENT  
  16-08-2006

Abdullah Says Fully Committed To Success Of 9MP

JOHOR BAHARU, Aug 15 (Bernama) -- Prime Minister Datuk Seri Abdullah Ahmad Badawi Tuesday stressed that he is fully committed to ensure that all plans under the Ninth Malaysia Plan (9MP), including the Southern Johor Economic Region, will be implemented successfully.

MARKET DEVELOPMENT  
  11-08-2006

Bright Prospects For Palm Oil With Increasing Demand

KUALA LUMPUR, Aug 10 (Bernama) -- The future prospects for palm oil will continue to be bright, owing to the increasing demand for oils and fats from growing population and the production of biodiesel, Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui said Thursday.

MARKET DEVELOPMENT  
  11-08-2006

BAI Offers Biotech Waste Management System For Palm Oil Mills

SIBU, Aug 10 (Bernama) -- Selangor- based company, Biotech Alliance International (BAI) is offering palm oil companies its system to deal with mill wastes.

MARKET DEVELOPMENT  
  11-08-2006

Golden Hope To Produce 400,000 Tonnes Biodiesel By 2008

KLANG, Aug 5 (Bernama) -- Golden Hope Plantations Bhd expects to produce close to 400,000 tonnes of biodiesel by 2008, said its group chief executive, Datuk Sabri Ahmad Satu