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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
A worthwhile venture for oil palm players
10/03/2009 (The Star Online) - IT is sad to note that many Malaysian companies are still reluctant to develop the clean development mechanism (CDM) projects under the Kyoto Protocol despite its good prospect in providing steady income streams via sales of energy generated and certified carbon emissions (CERs) or “carbon creditâ€.
United Malacca aborts plan in Indonesia
10/03/2009 (The Star Online), Petaling Jaya - United Malacca Bhd has aborted its maiden oil palm plantation joint venture in Indonesia after about one year of negotiations.
The inherent risks of price prognosis
09/03/2009 (The hindu Business Line), Mumbai - It is that time of the year when major players in the global vegetable oil market congregate in Kuala Lumpur for the palm oil price outlook conference organised by Bursa Malaysia.
Malaysia Plans Second Stimulus Package to Fight Slump
09/03/2009 (Bloomberg) - Malaysia may unveil tax cuts, public spending and other measures totaling more than 30 billion ringgit ($8 billion) tomorrow, more than four times an earlier plan, as it seeks to avoid a recession this year.
Carsons regionalizes oil palm investments with Singapore base
08/03/2009 (Island Online) - Carson Cumberbatch PLC completed a Rs.4.1 billion restructure on the Colombo Stock Exchange (CSE) on Friday to regionalize its oil palm investments in Malaysia and Indonesia under a Singapore incorporated plantation holding company.
Singapore-made biofuel to run cars in Europe, North America
07/03/2009 (AFP), Singapore - Diesel made from palm oil, vegetable oil and animal fat in Singapore may soon be powering cars in Europe and North America, Finland's Neste Oil said Friday.
Oil World sees small rise in Malaysia palm output
06/03/2009 (Business Times, Malaysia) - INDONESIA and Malaysia, the world’s top palm producers, will see only a small rise in output this year due to tree stress after months of good harvests and less fertiliser usage, a top industry analyst said yesterday.
February CPO stockpile to fall due to floods
06/03/2009 (The Edge, Malaysia), Kuala Lumpur - The February crude palm oil (CPO) stockpile is likely to fall below January’s level of 1.83 million tonnes due to floods in some palm oil producing states, Plantation Industries and Commodities Minister Datuk Peter Chin said.
RM60-Billion Stimulus Package To Face Economic Downturn
10/03/2009 (Bernama), Kuala Lumpur - The government today unveiled its second economic stimulus package totalling RM60 billion, comprising initiatives and ideas to invigorate vital sectors to maintain the people\'s welfare and prosperity in the face of the global economic downturn.