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MARKET DEVELOPMENT  
  19-01-2007

India, ASEAN break ice on tariff cut

17/1/07 (Hindustan Times) - India has conceded some more ground during the negotiations for a free trade agreement (FTA) with the Association of South East Asian Nations (Asean). Both sides have agreed to bring down the tariffs on items covered under the sensitive list to a 0-5 per cent range by 2018.

MARKET DEVELOPMENT  
  19-01-2007

Anwar queries Russian jet deal

17/1/07 (Daily Express News) - Kuala Lumpur: Former Malaysian Deputy Premier Anwar Ibrahim on Tuesday demanded the Government investigate a RM3.15 billion Russian fighter jet deal.

MARKET DEVELOPMENT  
  19-01-2007

Asian pledge on oil alternatives

15/1/07 (The Australian) - LEADERS across Asia are set to endorse a pledge to move toward nuclear and other alternative energies to help cut the region's dependence on fossil fuels.

MARKET DEVELOPMENT  
  19-01-2007

Canola Oil a Winner -- But Palm Oil Threatening Market Share, Analyst Says

16/1/07 (soyatech.com) WINNIPEG (Resource News International via COMTEX) -- Canola oil (rapeseed oil) has been one of the winners of the growing international demand for oils and fats, said analyst Thomas Mielke of Oil World in a presentation at Brandon Manitoba's Ag Days, Jan. 16, 2007.

MARKET DEVELOPMENT  
  15-01-2007

Palm oil at the core for free trade pact

13/1/07 ( Business Line) Cebu (Philippines) - Malaysia and palm oil may turn out to be the sticking points in the attempt to hammer out a Free Trade Agreement between India and the ten-member ASEAN group.

MARKET DEVELOPMENT  
  15-01-2007

Ministries lock horns over duty cut on palm oil

3/1/07 (Busienss Line ) New Delhi -- After sugar, it is edible oil that is emerging as a potential conflict zone between the Finance Ministry and the Agriculture and Food Ministry.

MARKET DEVELOPMENT  
  15-01-2007

RAM revises long-term CPO price assumption

11/1/07 (The Edge News) - Rating Agency Malaysia Bhd has revised its long-term price assumption for crude palm oil (CPO) in the rating of commercial-real-estate-backed (CREB) transactions involving oil-palm plantations.

MARKET DEVELOPMENT  
  15-01-2007

ECC asks for report on ghee and oil prices

12/1/07 ISLAMABAD - The Economic Coordination Committee (ECC) of the cabinet has sought detailed report from the Ministry of Industries and Production on edible oil and ghee prices in the local market, official sources told Business Recorder.

MARKET DEVELOPMENT  
  15-01-2007

Agreement on items that will not have tariff cut: Kamal Nath

14/1/07 (The Hindu) Cebu - The "contentious" Free Trade Agreement between India and ASEAN is likely to be ready by July this year, Commerce Minister Kamal Nath announced on Sunday, but there was no clear word yet that Malaysia was ready to accept the terms offered by India on palm oil.

MARKET DEVELOPMENT  
  15-01-2007

India, Asean set negative list cap at 5% of trade

15/1/07 (The Economic Times )CEBU CITY: The India-Asean summit meeting on Sunday firmed up the principles on which the two sides will base a comprehensive free trade agreement by July.

MARKET DEVELOPMENT  
  15-01-2007

Malaysia Synergy Drive names Sime Darby chief as CEO

11/1/07 KUALA LUMPUR, (Reuters) - Malaysian palm oil producer Synergy Drive has named Sime Darby group chief Ahmad Zubir Murshid as its chief executive officer, Synergy Drive's public relations firm said on Thursday.

MARKET DEVELOPMENT  
  15-01-2007

Asean FTA Likely To Have Topped M'sia-India Talks

CEBU CITY, Jan 14 (Bernama) - When Malaysia held bilateral talks with India Sunday on the second day of the 12th Asean Summit, one could only guess what was discussed by both leaders in the closed and well guarded room