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Malaysia’s palm oil stocks rise in July despite 14.5pc jump in exports
Malaysian end of July palm oil stocks hit near two-year high
Gapki warns of sharp production losses
El Nino, biodiesel demand support CPO prices despite rising stocks
Indonesia may cut August Palm Oil Tax
21/07/2011 (Business Times) - Indonesia, the world’s largest palm oil producer, could cut its crude palm oil export tax to 15 per cent in August from 20 per cent in July because of a drop in international prices, an industry source said yesterday.
Malaysia July 1-20 Palm Oil Exports Up 5.4pc
21/07/2011 (Business Times) - Malaysia’s palm oil exports rose 5.4 per cent in the first 20 days of July from the same period in June, independent market surveyor Intertek said.
RM18,000 fine for violating Environmental Quality Act
21/07/2011 (Borneo Post) - A palm oil company was yesterday fined a total of RM18,000 by the Sessions Court here for two charges of violating the Environmental Quality Act 1974.
Wrappers Delight For Nestlé Aas Sweet Factory Achieves Zero Waste
21/07/2011 (Business Green) - The world's largest confectionary factory has achieved zero waste status four years ahead of schedule, saving owners Nestlé £120,000 per year.
Oil, Eatables Imports Jump By 23.6pc
21/07/2011 (Dawn) - Country`s import bill for oil and eatables ballooned by 23.61 per cent in 2010-11 over the previous year, contributing mainly to rising trade deficit, suggests Federal Bureau of Statistics data issued on Tuesday.
PTT Aromatics Kills Thai Biojet Fuel Project, Citing Costs
21/07/20121 (Biofuels Digest) - In Thailand, PTT Aromatics and Refining has frozen its $150 million biojet investment project because it fears that high production costs would deter any interested buyers, costing airlines like THAI more to buy the fuel than to buy carbon credits.
Nigeria Spent N1.314tn on Foods Importation In 3 Years – Adeshina
21/07/2011 (Vanguard) - The Nigeria imported foods worth N1.3trillions between 2007 and 2010. This fact was disclosed by Dr Akinwunmi Adesina, the new Minister of Agriculture in Abuja. Adesina, disclosed this when he assumed duty in Abuja.
Malaysia Is Third Largest Investor In Cambodia
21/07/2011 (Bernama) - Malaysia has become the third largest investor in Cambodia with its investments in the country amounting to US$3.4 billion from 1980.
BURSA MALAYSIA: KL Shares End Morning Session Higher
21/07/2011 (Bernama) - Share prices on Bursa Malaysia ended the morning session higher today as investors hunted for bargains after two days of losses, dealers said.
