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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
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Rethinking biofuel policies
20/01/2009 (The Jakarta Post) - Alternative energy technologies are likely to become a mainstream issue this year. The volatility of oil prices and dwindling reserves adds incentive for the development of renewable energy sources. The abatement of Greenhouse Gasses (GHGs) emissions, however, is the most frequently cited argument for the promotion of biofuels.
Malaysia may scrap palm oil windfall tax
19/01/2009 (Business Times) - THE Malaysia's government is considering a request by domestic palm oil producers, including Sime Darby Bhd and Kuala Lumpur Kepong Bhd, to scrap a windfall tax after the price of the commodity slumped.
Plan to Barter Palm Oil for Fertiliser With N. Korea, Russia
18/01/2009 (iStockAnalyst) - MALAYSIA, in efforts to reduce its fertiliser import bill, will barter US$70 million (RM250.6 million) worth of palm oil for fertiliser with North Korea and Russia.
Edible oil imports double on duty fears
19/01/2009 (Economic Times), New Delhi - India’s edible oil import more than doubled in December 2008 over the year-ago period as traders are buying on a large scale on apprehension that the government may impose import duty on crude palm oil.
Palm-oil Group Plans Bt2-bn Foray Into
19/01/2007 (Nation Multimedia) - Maximising the potential of its palm-oil processing by-products, Vichitbhan Group, the country's leading palm-oil crushing concern, is investing almost Bt2 billion to set up biogas and biomass energy businesses, as well as a fertiliser plant.
Malaysia In Fertilizer-CPO Barter Trade With Korea
17/01/2009 (Bernama), Kuala Lumpur - The Ministry of Plantation Industries and Commodities is allowing the importation of fertilizer components into Malaysia for the exchange of crude palm oil (CPO).
Last stand for the orangutan
18/01/2009 (The Saultstar) - Hoping to unravel the mysteries of human origin, anthropologist Louis Leakey sent three young women to Africa and Asia to study our closest relatives: It was chimpanzees for Jane Goodall, mountain gorillas for Dian Fossey and the elusive, solitary orangutans for Birute Mary Galdikas.
Biomass as renewable energy
17/01/2009 (The Star Online) - FOLLOWING the surge in the crude oil market and the subsequent rise in biofuel production, palm oil prices have been coupled with fuel prices. But there is another dimension to the oil palm industry’s energy potential – the use of biomass to generate electricity.
POIC To Lead Industrial Development In Sabah
16/01/2009 (Bernama), Lahad Datu - The Palm Oil Industrial Cluster (POIC) in Lahad Datu set up about two years ago by the Sabah state government is intended to lead industrial development in the state.
