Archived News
14-06-2005
Free trade crushes world's poorest farmers: Britis
LONDON (AFP) - Free-trade development strategies designed by theInternational Monetary Fund (IMF) and the World Bank have devastated poorcountries and left their farmers worse off, a British aid group said in areport.
14-06-2005
Higher pay, but locals still shun estate jobs
Saturday June 11, 2005 - MIRI: Salaries earned by commercial plantationworkers in the country have increased substantially, with the lowest paidearning between RM800 and RM1,000 a month.
14-06-2005
Palm oil bio-fuel policy being drawn up
New Straits Times - Jun 12 5:54 PM KUALA LUMPUR - Malaysia, the world’slargest producer and exporter of palm oil, is developing its own bio-fuelpolicy to further strengthen and brighten the industry’s outlook.
13-06-2005
Indonesia Record's World's Fastest Growth CPO Prod
6/10/2005 Asia Pulse KUALA LUMPUR - Indonesia recorded the fastest growthin the production of crude palm oil (CPO) in the world in the past decade,Mihd Basri Wahid of the Malaysia Palm Oil Board (MPOB) said.
13-06-2005
A little hard work pays off
New Straits Times - Jun 11 5:08 PM - SITIAWAN - Three or four times aweek, Zabedah Masra and her daughter Rohana Abdul Hamid make their way toan oil palm plantation neighbouring their village of Kampung Kayan here.They join 13 other women who arrive at the estate as early as 7.30ambefore heading towards areas where fresh fruit bunches have beenharvested.
13-06-2005
Asiatic in Indon oil palm JV
08-06-2005 - Asiatic Development Bhd has entered into several jointventures to develop a total of 98,300 hectares of oil palm plantation inWest Kalimantan, Indonesia.
13-06-2005
Chinese Investors Eye Indonesian Palm Oil Sector
6/8/2005 - The Jakarta Post - A group of Chinese investors have committedto investing up to US$8.6 billion in Indonesia's palm oil sector over thenext five years, a senior minister said on Wednesday.
13-06-2005
CPO prices poised to remain firm in next two years
Wednesday June 8, 2005 - THE crude palm oil (CPO) market will continueto thrive with prices expected to hold firm and well supported at RM1,400to RM1,600 per tonne in the next two years, according to a research house.
13-06-2005
Palm-oil : Rs. 50m Customs loss
Jun 11 12:36 PM - Sri Lanka - Government coffers have lost about Rs. 50million in revenue from the release of two under valued palm oil shipmentsin contravention of the Customs (Amendment) Act No.2 of 2003.
13-06-2005
Ringgit Revaluation May Hurt Malaysia CPO Prices
Wednesday June 8, 2:45 PM KUALA LUMPUR (Dow Jones)--A stronger Malaysianringgit is likely to hurt the price of crude palm oil, with some of thedownward pressure already being felt amid speculation of a revaluation,industry participants said.
13-06-2005
Rising output puts palm oil under pressure
Mumbai , June 10 - AFTER doggedly holding on to relatively high pricesfor several weeks, the palm oil market may be readying for a crash withrapidly rising production and trailing exports.
13-06-2005
TSH in tissue culture venture
The Edge Daily - Jun 07 8:20 AMTSH Resources Bhd’s sub-subsidiary TSH Plantation Mangement Sdn Bhd hasteamed up with Malaysian Palm Oil Board (MPOB) to set up a tissue culturelaboratory.