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A delicate balance for biodiesel mandate
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Supply tightening boosts value for Malaysian palm oil
Sime Darby Denies Awarding Green Advocates Contract
14/09/2012 (The Inquirer) - Sime Darby Plantation Liberia (SDPL) Inc. has vehemently denied any allegations on impropriety in their relations with Counsellor Alfred Brownell and Green Advocates. In a statement issued yesterday, the company said this was in response to the statement made by the Hon. 1 Milton Teahjay, Superintendent of Sinoe County on ELBC radio, on Monday 03 September 2012.
Positive Long Term Outlook For SOP on Purchase of Equities
14/09/2012 (Borneo Post) - Sarawak Oil Palms Bhd’s (SOP) agreement to purchase of the remaining 40 per cent and 35 per cent equity interests in its own subsidiaries, SOP Beluru and SOP Kemena, has been viewed positively as the immature planted landbank will offer increased earnings in the years to come.
Editorial: A Global, Green Commitment
14/09/2012 (Jakarta Post) - Indonesia’s failure during the recent Asia-Pacific Economic Cooperation (APEC) meeting to include crude palm oil (CPO) in the list of 54 environmental goods and services, which are subject to a 5 percent customs duty cut by 2015, does not necessarily constitute a diplomatic flop.
Indonesia’s Kharisma Sells 10,000 Tons of Palm Oil
14/09/2012 (Bloomberg) - PT Kharisma Pemasaran Bersama Nusantara, which sells palm oil from Indonesia’s state-owned plantations, sold 10,000 metric tons of 15,500 tons of the commodity it offered at an auction in Jakarta.
VEGOILS-Palm Oil Ends Higher on Euro Zone Bailout Approval
13/09/2012 (Reuters) - Malaysia crude palm oil futures edged up on Wednesday after Germany's top court backed a euro zone bailout fund, raising hopes that the debt crisis will not spread further and hurt global economic growth.
Sarawak Oil Palm To Acquire Shares in SOP Beluru, Kemena
13/09/2012 (Borneo Post) - Sarawak Oil Palm Bhd (Sarawak Oil Palm) yesterday announced the proposed acquisition of the remaining 40 per cent and 35 per cent equity interest not already held by the company in SOP Plantations (Beluru) Sdn Bhd (SOP Beluru) and SOP Plantations (Kemena) Sdn Bhd (SOP Kemena) from Shin Yang Holdings Sdn Bhd.
Sudan Safe To Do Business, Says Envoy
13/09/2012 (Bernama) - Sudan is still safe and stable to do business and invest in, with many major foreign companies already investing there, according to its Ambassador to Malaysia, Nadir Yousif Eltayeb.
Government Should Provide More Assistance To Oil Palm Smallholders Under Budget 2013 - Shahrir
13/09/2012 (Bernama) - The government has been asked to provide more assistance to smallholders under Budget 2013 in efforts to spur them to produce high quality oil palm fruits.
Najib Announces Seven Projects Under ETP Worth RM5.607 Billion
13/09/2012 (Bernama) - Prime Minister Datuk Seri Najib Tun Razak today announced seven projects under the Economic Transformation Programme, with a total investment value of RM5.607 billion.