Archived News

BEIJING, July 28 (Bernama) -- The first Malaysia-China palm oil trade fair and seminar ended on a bullish note here Friday with traders from both sides welcoming the networking opportunity and getting the latest developments from Malaysia, the world's largest producer of the commodity.

31/7/06 (The Hindu) - The Union Government on Monday hiked the tariff value of palm group of oils sharply by $15-21 a tonne. The value for soyabean oil was also raised by $4 a tonne.

31/7/06 (The Edge News) - Kota Kinabalu: Parti Bersatu Sabah (PBS) urged the relevant authorities to explain the status of the oil palm planted on 17,000 acres earmarked for the hardcore poor eradication programme (PPRT) in 2000 at Tongod, near Sandakan.

31/7/06 (Reuters) - SINGAPORE: Southeast Asian countries are racing ahead with plans to put a lid on oil demand by boosting domestic biofuels, a sign that record prices are spurring the substitution that Opec producers fear will lead to oversupply.

31/7/06 (TIMES NEWS NETWORK[ ) - NEW DELHI: In an effort to put the derailed free trade agreement talks with the Asean back on track, India is considering a gradual reduction in import duties on palm oil for Asean members with the rider that duty cuts should take place after a five-year period.

KUALA LUMPUR, Aug 1 (Bernama) -- Malaysia remains committed to ensuring sustainable forest management and is not a party to illegal logging in the region.

31/7/06 (The Edge Daily) - Loss-making EcoFirst Consolidated Bhd hopes to turn around in the next two to three years with plans to venture into biotechnology and to expand its plantation land in India.

28/706 LONDON (Reuters) - Food labels should list the amount of trans fat along with cholesterol and saturated fat so consumers can make healthier choices to reduce their risk of heart disease, British public health experts said on Friday.

28/7/06 (The Star) SHANGHAI: Golden Hope Plantations Bhd has formed a joint venture in China to set up a plant to produce a palm-oleochemical product used for making detergent.

27/7/06 (The Star) - I agree with Plantation Industries and Commodities Minister Peter Chin Fah Kui that there is currently no effective measure to eliminate the cancer-like oil palm disease known as Ganoderma Basal Stem Rot (BSR), which is causing serious losses to the oil palm industry.

27/7/06 (The Star) - ARE we ready to capitalise on the expected increase in palm oil prices? The answer is a sad "no" simply because our palm oil yields had stagnated for so many years.

27/7/06 (NSTP) - MALAYSIA'S palm oil exports can reach RM29 billion this year, about 2 per cent higher than last year's figure, helped by high demand for crude palm oil (CPO).