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MARKET DEVELOPMENT  
  18-11-2003

Palm Oil Stocks Decline 10 Pct In October

KUALA LUMPUR, Nov 13 (Bernama) -- Total palm oil stocks decreased 10.27percent to 875,083 tonnes in October 2003 from 975,266 tonnes in September2003, the Malaysian Palm Oil Board (MPOB) said.

MARKET DEVELOPMENT  
  13-11-2003

China And India Might Retaliate Over Railway Contr

PETALING JAYA, Nov 11 (Bernama) -- Primary Industries Minister Datuk SeriDr Lim Keng Yaik Tuesday said that there might be retaliation from Chinaand India over the handling of the contracts for Malaysia'sdouble-tracking railway project.

MARKET DEVELOPMENT  
  13-11-2003

No Price Hike For Palm Oil Based Cooking Oil, Says

KUALA LUMPUR, Nov 12 (Bernama) -- The Cabinet Wednesday decided that therewill be no price hike for palm oil based cooking oil in spite of the callfor a price increase by local edible oil manufacturers following higherprice of crude palm oil.

MARKET DEVELOPMENT  
  13-11-2003

Rafidah: Bilateral Ties Shouldn't Be Based On Cont

KUALA LUMPUR, Nov 12 (Bernama) -- International Trade and IndustryMinister Datuk Seri Rafidah Aziz says countries should not base theirbilateral relationships on the basis of contracts given to theircompanies.

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.