Archived News

7/09/06 NEW DELHI (Reuters) - Import duty cuts on some edible oils, announced in August in a bid to check inflation, will be effective up to Oct. 31, 2006, a Finance Ministry official told Reuters on Thursday.

09/09/06 (NSTP) - INTRODUCING the new fuel, Envodiesel, will naturally be difficult, especially when it involves distribution for public consumption.

12/09/06 (NSTP) - The Malaysian Palm Oil Board (MPOB) will continue to look at commercialisation of research and technology to help develop the palm oil industry.

6/9/06 (Bloomberg News) - KUALA LUMPUR Malaysia, the world's largest palm oil producer, says that it has almost run out of land suitable for new plantations of the crop, and that it will need to raise productivity of existing trees if it is to tap rising demand.

7/9/06 (The Star) - KUCHING: Four plantation companies are teaming up with Assar Refinery Services Sdn Bhd and Sarawak Timber Industry Development Corp (STIDC) to develop a RM300mil integrated palm oil downstream complex in Tanjung Manis, Mukah Division in central Sarawak.

7/9/06 (The Star) - SUBANG JAYA: Palm oil mill specialist CB Industrial Product Holdings Bhd (CBIP) expects exports to Papua New Guinea to be a major contributor to revenue next year.

SINGAPORE, Sept 6 (Reuters) - Malaysian shares fell on Wednesday as lower oil prices, which fell to levels last seen in June, prompted investors to sell plantation stocks such as IOI Corp. .

6/9/06 (Daily Express News) - OIL palm plantations in Sabah are no longer carrying out open burning, CM Datuk Seri Musa said.

5/9/06 (News From Bangladesh ) - Bangladesh has bright possibility of exporting edible oil to the northeastern region of India, Myanmar and Nepal through sale of refined oil, said officials of oil refinery industries, reports BD News.

KUALA LUMPUR, Sept 4 (Reuters) - Malaysian palm oil producer Golden Hope Plantations Bhd said on Monday it plans to jointly produce biodiesel with South Korea's H-Plus Bio Ltd.

5/9/06 (Bloomberg) -- Ethanol and biodiesel use is soaring as record oil prices make the so-called biofuels more attractive. Stock investors say supply may be catching up to demand.

KUALA LUMPUR, Sept 7 (Reuters) - Malaysian shares are likely to ease further on Thursday, led by plantation stocks, as the market consolidates recent gains, brokers said. Losses on Wall Street were also likely to hurt sentiment.