Archived News
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.
23-04-2003
Brazilian soyabean crop lower than expected: Oil W
HAMBURG (April 23 2003) : Disease and weather damage have cut this year'sBrazilian soyabean crop below potential, Hamburg-based newsletter OilWorld said on Tuesday.
23-04-2003
First palm oil processing plant commissioned in Pa
4/22/2003 - Country Report Papua New Guinea via NewsEdge Corporation : Thecountry's first palm oil refinery and fractionation plant, built at a costof US$8m by New Britain Palm Oil, was commissioned in late March. It canprocess about 100,000 tonnes of crude palm oil annually or about 50% ofthe company's current crude palm oil production. It will produce refinedpalm oil, palm olein, palm stearin and fatty acid distillate for salemainly in Australia and New Zealand. The company expects to complete asmall packing operation by the middle of 2003 for the domestic market.Palm oil export volume fell to 306,000 tonnes in 2002, a 6% drop year onyear, primarily owing to unfavourable weather conditions in the palm oilproducing regions. However, in the fourth quarter of 2002 export volumewas up by 3% compared with the year-earlier period.
23-04-2003
Palm oil centre in advance stage
THE proposed Business and Econo-mic Intelligence Centre (BEIC) for thepalm oil industry is already at an advanced stage of establishment,according to Malaysian Palm Oil Association (MPOA) chairman Tan Sri KhalidIbrahim.
23-04-2003
Philippine island developing palm oil industry
4/21/2003 - (AP) - PUERTO PRINCESA CITY, April 17 Asia Pulse - ViceGovernor David Ponce de Leon has passed an ordinance that would establishthe Palawan Council for Palm Oil Industry Development (PCPOID).
23-04-2003
Rubber tappers, estate workers guaranteed RM350 a
PUTRAJAYA, Apr 22: Rubber tappers and general workers in the rubberplantation sector are nowguaranteed basic monthly earnings of RM350 under two collective agreementssigned between the Malayan Agricultural Producers Association (Mapa) andthe National Union of Plantation Workers today (NUPW).
18-04-2003
Indonesian crude palm oil export to Egypt faces de
JAKARTA (April 18 2003) : Plans for Indonesian exports of crude palm oil(CPO) to Egypt face delay over administration problems, an official fromPT Astra Agro Lestari said on Thursday.