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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
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
Seedling Production
22/09/2011 (Manila Buletin) - In agribusiness, you have to be fast in spotting money-making opportunities. In good times and in bad, there are always money-making opportunities for the enterprising.
The Agricultural Transformation Action Plan
22/09/2011 (The Sun Daily) - The National Economic Management Team (EMT) recently announced plans for an agricultural programme that is expected to create 3.5 million jobs in four years. Tagged Agricultural Transformation Action Plan (ATAP), the initiative will focus on five crops – rice, cassava, sorghum, cocoa and cotton. Minister of Agriculture, Dr. Akinwunmi Adesina, told journalists in Abuja that the programme will inject N300 billion ($2 billion) additional income into the hands of Nigerian farmers, and N350 billion ($2.2 billion) into the economy through sufficiency in rice production.
Resurgent Sime Darby lifts KLCI
22/09/2011 (The Edge Malaysia) - The FBM KLCI bounced at the mid-day break on Wednesday, Sept 21, lifted by gains at select blue chips including a resurgent Sime Darby, in line with the gains at most key regional markets.
Unilever May Resume Buying Sinar Mas Palm Oil
22/09/2011 (Jakarta Globe) - Unilever Indonesia, the country’s largest listed consumer goods maker, may resume purchasing crude palm oil from Sinar Mas Agro Resources and Technology following an 18-month halt after the palm oil producer made improvements to abide by Unilever’s guidelines for responsible environmental practices.
RSPO Supports Dutch Industry Call To Abolish Palm Oil Import Duty
22/09/2011 (Bernama) - The Roundtable on Sustainable Palm Oil (RSPO) supported the Dutch oil and fats industry's call for the European Union to abolish the import duty on sustainable palm oil.
Sime Says Eastern and Oriental Acquisition May Boost Earnings
22/09/2011 (Bloomberg) - Sime Darby Bhd. (SIME), the world’s biggest publicly traded palm oil producer, said the acquisition of a 30 percent stake in Malaysian property developer Eastern and Oriental Bhd. may boost earnings.
Pelita Signs NCR Land Devt MoUs With Five Investors
22/09/2011 (Borneo Post) - In an effort to develop the native customary rights (NCR) lands in Sarawak, memoranda of understanding (MoUs) were signed between Pelita Holdings Sdn Bhd (Pelita) and five other major investors, to develop the lands into a new concept of oil palm plantations.
Malaysian Palm Oil Council Urges Aussie Parliament To Reject Bill
21/09/2011 (The Star) - Malaysian Palm Oil Council (MPOC) has urged the Australian Parliament to reject the Food Standards Amendment (Truth in Labelling - Palm Oil) Bill 2010.
Barito Pacific in $50m Diversifying Move Into Palm Oil, Coal Mining
21/09/2011 (Jakarta Globe) - Following similar recent moves by other firms, Barito Pacific, a holding company with petrochemical, wood and property development businesses, has set aside $50 million to expand into crude palm oil and coal mining.
