Archived News

KUALA LUMPUR, May 17 (Bernama) -- There is a bright future for Malaysia'soil palm biofuel in Europe against the rising world oil price, said theParliamentary Secretary for the Ministry of Plantation Industries andCommodities, Ng Lip Yong.

KUALA LUMPUR, May 16 (Bernama) -- Bilateral relations between Malaysia andOman will be facilitated by a better understanding of the economicscenario in both countries and opportunities each has to offer,International Trade and Industry Deputy Minister Datuk Ahmad HusniHanadzlah said.

Mumbai , May 17 - THE country's import of edible oils for the November2004 - April 2005 period was higher by 21 per cent at 21,95,770 tonnes,compared to 18,15,630 tonnes during the same period the previous year,according to data compiled by the Solvent Extractors' Association ofIndia.

Inchaban (W/R), May 17, GNA - Mr Ishmael Yamson, Board Chairman of theBenso Oil Palm Plantation (BOPP), said on Tuesday that Ghana does not needto import palm oil to meet its domestic needs. He said the country couldmeet its internal needs of the commodity if special attention is paid tothe President's Special Initiative (PSI) on oil palm.

JAKARTA, May 17 Asia Pulse - PT Muko Muko Indah Lestari (MMIL) said itwill build a crude palm oil (CPO) factory and an oil palm plantation inthe district of Muko Muko, Bengkulu.An executive of the regional office of the Capital Investment CoordinatingBoard Suparman said the company has set aside Rp87.3 billion (US$9million) for the project.

JAKARTA, May 16 Asia Pulse - The agriculture ministry of Indonesia has seta deadline for all crude palm oil factories to have oil palm plantationsin three years, or they will be punished with fines or face criminalcharges.Provincial administrations have been asked to outline CPO processingcompanies that don't own plantations, Plantation Production DirectorGeneral Subagyono said last weekend.

Tuesday May 17, 2005 - PLANTATION and property development group IOI CorpBhd reported a 17% growth in net profit to RM175.2mil for its thirdquarter ended March 31, in spite of a seasonally low period for palm oiloutput.

FRANKFURT, May 16 (Bernama) -- A Malaysian resource-based company,FybOrganic Technologies Sdn Bhd, plans to team up with a German scientistin a biotechnology venture to produce biofertilisers and animal feed fromdiscarded oil palm trunks (OPTs).

KANOWIT, May 16 (Bernama) -- Unsuspecting landowners participating in theKanowit Native Customary Right (NCR) oil palm plantation are being"robbed" of their land by a syndicate that sells it to equallyunsuspecting buyers, according to Assistant Land Development MinisterDatuk Gramong Juna.

BANGKOK, May 15 (TNA) - Thailand’s government is developing a strategyto promote plant-based bio-industry in order to reduce the country'simports of energy and chemicals.

12 May, 2005 - Tawau: Three oil palm factories represented by theirrespective executives were each fined RM20,000 or two months' jail by theSessions Court here for blatantly disposing effluence exceeding thepermitted level.

5/17/2005 - A natural component of rice bran oil lowers cholesterol inrats, and ongoing research also shows it may have potential as ananti-cancer and anti-infection agent in humans, according to a Universityof Rochester scientist who has studied the antioxidant since 1996.