Archived News

KOTA KINABALU, April 29 (Bernama) -- Sabah is expected to sign a memorandum of understanding (MoU) with India's pulp and paper giant, Ballapur Industries Ltd, next month for a joint venture in the state.

28/4/06 (Business Times) - PLANTATION group Kumpulan Guthrie Bhd, which is 73.5 per cent owned by Permodalan Nasional Bhd (PNB), will spend RM109 million on planting and expansion activities this year.

1/5/06 FARIDABAD (India): Indians know better than to eat the plum-sized fruit of the wild jatropha bush. Its poisonous enough to kill.

KUALA TERENGGANU, April 23 (Bernama) -- The awareness on the benefits of palm oil among Malaysians are disappointing though the country is the world's biggest producer of the commod

(Food Business Review.com) 20/4/06 - Malaysian officials have warned that prices of palm oil could increase by as much as 5% if demand in Europe continues to rise.

20/4/06 KUALA LUMPUR (Dow Jones)--The palm oil industry isn't concerned about a recent buildup in inventories, as it isn't an accurate reflection of demand, which is strong, a top Malaysian industry official said Thursday.

23/4/05 ( International Herald Tribune) - KUALA LUMPUR IOI, Malaysia's largest oil-palm plantation company, said it will increase profit in the year ending June 2007 as stronger demand for biodiesel bolsters palm oil prices.

20/04/2006 (Food Navigator.com) - Malaysian palm oil prices are expected to edge up by 2-5 per cent in the near future on the back of growing demand in Europe for alternative fuels, suggests a report.

22/4/06 KUALA TERENGGANU (The Star) -- Kumpulan Guthrie Bhd has chosen to replant oil palm in areas totalling 220ha in three of its estates.

23/4/06 JAKARTA (Jakarta Post) - State-owned oil and gas company PT Pertamina will sell environmentally friendly biodiesel fuel beginning next month in a bid to reduce the use of fossil fuel in the country.

21/4/06 JAKARTA (Reuters) - Indonesia, the world's second-largest palm oil producer, is ready to meet the growing attraction of environmentally friendly biofuels, a senior industry official said on Thursday.

22/4/06 (Business Times) - PAN Century Edible Oils Sdn Bhd, one of Malaysia's largest and oldest edible oils refiner, may be up for sale at between US$90 million and US$120 million (RM329 million and RM439 million).