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MARKET DEVELOPMENT  
  19-12-2005

WTO Members Need To Compromise And Move From Dogmatic Positions

HONG KONG, Dec 17 (Bernama) -- The 150- member countries of the World Trade Organisation (WTO) should be prepared to compromise and move from dogmatic positions in order to meet the expectations of global economy stakeholders, said Minister of International Trade and Industry, Datuk Seri Rafidah Aziz.

MARKET DEVELOPMENT  
  19-12-2005

Johor To Establish Malaysia's First Biofuel Park

16/12/05 JOHOR BAHARU, (Bernama) -- The Johor State government, recognising the huge potential of the biofuel industry, will be setting aside a 400-hectare piece of land at the Tanjung Langsat Port in Pasir Gudang, to be developed as a Biofuel Park, the first such park in Malaysia, Menteri Besar Datuk Abdul Ghani Othman said.

MARKET DEVELOPMENT  
  19-12-2005

Convert to new licence, palm oil players told

13/12/ 2005 Kota Kinabalu (Sabah Daily Express) - Palm oil industry players in Sabah were on Monday urged to convert their existing licence to the new ones issued by the Malaysian Palm Oil Board (MPOB) by next year.

MARKET DEVELOPMENT  
  19-12-2005

China May be Planning 4 Palm Oil-Based Biodiesel Plants

16/12/05 (Business Times) - China, which is already Malaysia's top palm oil buyer, is set to give the commodity another boost with its plan to build four biodiesel plants worth RM700 million.

MARKET DEVELOPMENT  
  19-12-2005

IOI Determining Whether to Build Biodiesel Plant in Malaysia or Netherlands

15/12/05 (Business Times) - IOI Corp Bhd yesterday confirmed it has plans to build its first biodiesel plant but remains undecided whether to venture big into the new sector.

MARKET DEVELOPMENT  
  19-12-2005

Biofuels Technology Is Revolutionizing Brazil's Auto Industry

14/12/05 Sao Paulo (EFE Ingles)- The "flex fuel" technology developed and implemented in Brazil that allows a car to run on either gasoline or alcohol has revolutionized the local auto industry and caught the eye of other nations seeking to reduce the burning of hydrocarbons.

MARKET DEVELOPMENT  
  14-12-2005

China to abolish import quotas on bean oil, palm oil, cole-seed oil

13/12/05 (Xinhua) - From Jan. 1, 2006, China will abolish the import quota and trade control on bean oil, palm oil and cole-seed oil, the Ministry of Commerce announced on Monday.

MARKET DEVELOPMENT  
  14-12-2005

Greasing biodiesel's wheels with palm oil

13/12/05 (Peoria Journal Star) - Despite overt hints to Santa's elves that I own enough dress shirts and too many ties for someone who works at home, chances are nearly 100 percent that a swell new shirt and a very understated tie are in my immediate future.

MARKET DEVELOPMENT  
  14-12-2005

US to Push for Global End of Farm Supports At WTO Ministerial

12/12/05 Kathryn McConnell Washington, DC ( AllAfrica.com) -- The United States will continue to pursue an ambitious effort to end within the World Trade Organization (WTO) a system of export subsidies supported by countries that produce such agricultural products as cotton, cocoa, palm oil and bananas, says Deputy U.S. Trade Representative (USTR) Karan Bhatia.

MARKET DEVELOPMENT  
  14-12-2005

Reduce sales tax: Agri Club

12/12/05 Tawau (Daily Express News) - Tawau Agriculture Club Chairman Teo Kim Sang has urged the Government to consider reducing the sales tax in the State to five per cent from 7.5 per cent until the price of crude palm oil (CPO) hits the RM1,500 per metric tonne mark.

MARKET DEVELOPMENT  
  14-12-2005

Biodiesel players tie with MPOB

13/12/05 (The Star) - MALAYSIA'S pioneer biodiesel players Golden Hope Plantations Bhd (GHope), Kumpulan Fima Bhd and Carotino Sdn Bhd yesterday expressed strong confidence in their partnerships with the Malaysian Palm Oil Board (MPOB) to produce biodiesel.

MARKET DEVELOPMENT  
  14-12-2005

China to Hold International Congress on Plant Biotechnology

13/12/05 (Comtex Global News) - BEIJING (Xinhua via COMTEX) -- Sources from the Chinese Academy of Sciences (CAS) have said that the International Congress of Plant Tissue Culture and Biotechnology (ICPTC&B) will be held here in August 2006, setting up a platform for international academic exchanges.