Archived News

15/5/06 KUALA LUMPUR, (Reuters) - Malaysian palm oil prices will range between 1,450 and 1,500 ringgit per tonne this year, driven by rising demand for biofuels, and reach between 1,500 and 1,600 ringgit in 2007, an industry official said on Monday

11/5/06 (AP) - Archer Daniels Midland Co., one of the world's largest processors of oilseeds, corn and wheat, on Thursday said it will add a palm oil refinery with an annual capacity of 350,000 metric tons per year to its Hamburg, Germany, plant.

14/5/06 ( The Edge Daily) - Most of the plantation stocks prices have already factored in the anticipated high crude palm oil (CPO) prices for the remainder of the year and 2007, analysts said.

15/5/06 MIRI (The Star) - B5, Malaysia's bio-fuel, scored perfect marks in initial tests.

15/5/06 ( The Jakarta Post, Jakarta) - Indonesians working in Malaysia's informal sector will be accorded basic rights as of June 1, following the implementation of a bilateral agreement signed by the two countries in Bali during the weekend

MIRI, May 14 (Bernama) -- Voters should reject "imported" opposition candidates as they cannot represent the voice of the people here, Deputy Chief Minister Tan Sri Dr George Chan Hong Nam said.

11/05/06 SEVILLE, Spain ( Reuters) - Shortages of suitable nationally grown crops could slow European moves to replace contaminating transport fuel with clean-burning, plant-based alternatives, industry sources said at a conference on Wednesday.

KUALA LUMPUR, May 8 (Bernama) -- The Plantation Industries and Commodities Ministry is studying a proposal to reduce road tax for ENVO Diesel-powered vehicles to encourage use of the fuel, the Dewan Negara was told Monday.

BENTONG, May 10 (Bernama) -- Steam boiler manufacturer Enco Danstoker (Malaysia) Sdn Bhd plans to build a RM22 million biomass steam plant which uses a cleaner development mechanism application to reduce the dependency on fuel for power.

8/5/06 (Business Times) - THE RM322.42 million Sapangar Bay container port at Kota Kinabalu that is being developed by Sabah Port Sdn Bhd, is now at the final stage of construction.

11/52006 (The Star) - NEW DELHI: Palm oil futures in Malaysia may rise as production fails to keep up with demand in Asia and Europe for the vegetable fat used in food, detergents and fuel, according to TransGraph Consulting Pvt.

9/5/2006 KOTA KINABALU (The Star) - Oil palm companies should voluntarily remove trees planted on riverbank reserves and not wait for the authorities to act against them.