PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 26 Nov 2024

|

Advanced Search

Archived News

MARKET DEVELOPMENT  
  13-11-2003

Suppliers Out To Create Artificial Shortage, Says

PETALING JAYA, Nov 11 (Bernama) -- Suppliers are believed to be trying tocreate an artificial shortage of cooking oil in the market in order to askfor a price increase, Primary Industries Minister Datuk Seri Dr Lim KengYaik said Tuesday.

MARKET DEVELOPMENT  
  11-11-2003

Escalating CPO Price Puts Cooking Oil Suppliers In

KUALA LUMPUR, Nov 8 (Bernama) -- Although the current escalating price ofcrude palm oil (CPO) augurs well for the planters, plantation sector andthe country economically, it has placed the local cooking oil suppliers ina dilemma to cater the local consumers' need.

MARKET DEVELOPMENT  
  11-11-2003

India's E-oil Imports Hits New High of 5.15 Mln To

NEW DELHI, Nov 4 (Bernama) -- Edible oil imports by India from November2002 to October 2003 oil year, reached a new high of 5.15 million tonnes,up from 4.43 million tonnes previously.

MARKET DEVELOPMENT  
  11-11-2003

Indonesia hopes to boost palm oil sales to China

Tuesday, November 11 2003 - JAKARTA, : Indonesian officials and crude palmoil (CPO) producers plan to visit China next week in a bid to boostexports of the commodity, Agriculture Minister Bungaran Saragih said.

MARKET DEVELOPMENT  
  11-11-2003

Bullish Soybean Market Boosts Local Palm Oil Price

BANGI, Nov 10 (Bernama) -- The current rise in palm oil price is mainlyinfluenced by the bullish soybean market due to shortage of supplyfollowing unfavourable weather in the United States, said Malaysian PalmOil Board's (MPOB) director-general, Datuk Dr Yusof Basiron.

MARKET DEVELOPMENT  
  11-11-2003

Don't Threaten Govt Over Cooking Oil Ceiling Price

KUALA LUMPUR, Nov 10 (Bernama) -- Domestic Trade and Consumer AffairsMinister Tan Sri Muhyiddin Yassin Monday issued a stern warning to localcooking oil manufacturers not to try to threaten the government toincrease the ceiling price for the commodity.

MARKET DEVELOPMENT  
  07-11-2003

No change seen in rail job award

Wednesday November 5, 2003 - The Malaysian government's intention to dealdirectly with the Indian and Chinese governments in the controversy overthe award of its double-track rail project will not jeopardise theposition of the MMC-Gamuda consortium, in terms of proceeding with theRM14.5bil job.

MARKET DEVELOPMENT  
  07-11-2003

Rail project: Door still open for Ircon

Friday, November 07 2003 - THE door may still be open for Indian RailwayConstruction Co to take part in the RM14.45 billion double-trackingproject that has been awarded to the Malaysia Mining Corp Bhd (MMC)-GamudaBhd joint venture.

MARKET DEVELOPMENT  
  06-11-2003

Cooking Oil: New Ceiling Price After Chinese New Y

KUALA LUMPUR, Nov 4 (Bernama) -- The new ceiling price for cooking oil isexpected to be known after the Chinese New Year, said Domestic Trade andConsumer Affairs Minister Tan Sri Muhyiddin Yassin.

MARKET DEVELOPMENT  
  06-11-2003

IRCON Takes Up Issue Of Railway Contract With Mala

NEW DELHI, Nov 3 (Bernama) -- The Indian Railways, who have been deniedthe award of US$3.4 billion (US$1=RM3.80) railway contract in Malaysia,despite the letter of intent (LoI) issued to IRCON, has taken up the issuewith both the Malaysian Government and the Indian Prime Minister.

MARKET DEVELOPMENT  
  06-11-2003

Major Export Commodities Not Affected By Action In

JELI, Nov 3 (Bernama) -- The call for boycott of Malaysian products in theUS by Jew lobbyists is not expected to have a major impact on thecountry's main export commodities, says Executive Director of the NationalEconomic Action Council (NEAC), Datuk Mustapa Mohamed.

MARKET DEVELOPMENT  
  06-11-2003

Philippine: NGOs Urge Review Of Palm Oil Industry

PUERTO PRINCESA CITY, Nov 3 (ANEX-PNA) -- Members of non-governmentorganizations (NGOs) have been calling for an intensive review on allaspects of the proposed palm oil industry, considered as one-priorityprojects for agriculture in Palawan.