Archived News
06-05-2003
Indonesia to supply Russia with 40,000 tons of pal
JAKARTA, May 1 Asia Pulse - Indonesia plans to export 40,000 tons of palmoil to Russia in May-July under a countertrade agreement signed by theleaders of the two countries last week.
06-05-2003
About 20 percent general sales tax may be imposed
KARACHI (May 03 2003) : About 20 percent general sales tax (GST) islikely to be imposed by the Federal Government on the import of oilseedsin the coming budget, it is learnt.
06-05-2003
Sars delays Asean Vegetable Oils Club meeting
JAKARTA (May 06 2003) : An Asean Vegetable Oils Club (AVOC) meeting,scheduled for May 10 on the resort island of Bali, has been postponed dueto concerns over the deadly Sars virus, an industry official said onMonday.
01-05-2003
Indian duty cut
KUALA LUMPUR (May 01 2003) - India, the world's largest edible oilimporter, on Wednesday reduced customs duty on RBD palm oil to 70 percentfrom 85 percent to remove the difference in duty structure among variousimported oils.
01-05-2003
Oil World cuts 2002-03 soyabean crush forecast
HAMBURG (April 30 2003) : Hamburg-based newsletter Oil World said 2002/03global soyabean crushings are likely to reach only 169.12 million tonnes,down 500,000 tonnes from its previous estimate on March 14.
01-05-2003
Palm oil demand still above production: Oil World
HAMBURG (April 30 2003) : Global palm oil demand is still running aboveproduction despite recent production gains, Hamburg-based newsletter OilWorld said.
25-04-2003
India cuts use of local oil for vanaspati
NEW DELHI (April 25 2003) : India, the world's largest importer of edibleoil, has cut the quantum of local oils used in making vanaspati orvegetable ghee, a move which traders said would lead to higher palm oilimports.
25-04-2003
Malaysian palm oil intelligence unit nears fruitio
4/23/2003 (Business Times) - MALAYSIA'S plan to set up its very own palmoil market intelligence unit, aimed at reducing dependency on informationgenerated from elsewhere, is now at a very advanced stage.
25-04-2003
MOMG Proposes CPKO Export Duty To Be Fixed Between
KUALA LUMPUR, April 22 (Bernama) -- The Malaysian OleochemicalsManufacturers Group (MOMG) has proposed to the government that all CrudePalm Kernel Oil (CPKO), whether East or West Malaysia, whether crude orrefined, should have the same export duty.
25-04-2003
Poram Wants Assurance CPO Duty-free Export Measure
KUALA LUMPUR, April 24 (Bernama) -- Palm Oil Refiners' AssociationMalaysia (Poram) wants an assurance that the move to allow duty-freeexports of crude palm oil (CPO) initiated years ago would be atemporary/short-term measure initiated on selected/restricted basis andclosely monitored by the authorities concerned.
25-04-2003
Smallholders Need To Replant To Raise Income, Says
PUTRAJAYA, April 24 (Bernama) -- Acting Prime Minister Datuk Seri AbdullahAhmad Badawi said Thursday that smallholders should replant their crops toearn more income.
23-04-2003
Bintulu Port plans jetty to keep pace with rising
Wednesday, April 23, 2003 - BINTULU Port Holdings Bhd (BPHB) is building amulti-million ringgit dedicated palm oil terminal at Bintulu Port toprovide better facilities for the handling of the increasing palm oilthroughput.