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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
India, Asean seek to wrap up FTA talks by July-end
19/7/07 (The Financial Express) - NEW DELHI, With tariff cut on edible oil being one of the main unresolved issues, India and Asean are entering into two crucial meetings, including one on Friday, hoping to wrap up their talks on the proposed Free Trade Agreement in goods by this month-end. Talks on inking a pact on services and investments will follow the FTA.
Cut down oil palm on river banks, plantations warned
16/7/07 KINABATANGAN (Borneo Bulletin) - Stop planting oil palm trees on river banks or risk getting your licence revoked by the Ministry of Plantation Industries and Commodities.
International rates fall Edible oil prices still high
16/7/07 (The News) - KARACHI: The local ghee and cooking oil manufacturers are still not willing to revise the prices of their products downwards despite a substantial fall during the last 15 days in palm oil prices in the international market.
Bakrie to expand oil palm plantation area through joint venture
17/7/07 Jakarta (ANTARA News) - Publicly-listed PT Bakrie Sumatra Plantation Tbk has set up a joint venture company, Agri Resources BV, with several foreign investors to expand its oil palm plantation area.
Indonesia drafting regulation for domestic palm oil supplies
16/7/07 (Xinhua) - The Indonesian government is drafting a regulation to ensure domestic supplies of crude palm oil (CPO) following cooking oil shortage that caused price to soar in recent months, local press said Monday.
Regulators approve world's largest listed palm oil firm
17/7/07 KUALA LUMPUR (AFP) - Malaysian regulators have approved the creation of the world's largest listed palm oil firm, the company said Tuesday.
Biofuel demand makes fried food expensive in Indonesia
18/7/07 JAKARTA (Reuters) - Record-high palm oil prices due to voracious global demand for the oil used for food and now increasingly as a biofuel have left many ordinary Indonesians without their usual culinary fare.
Govt told to drop draft bylaw on forest fire control
13/7/07 The Jakarta Post, Jakarta - Greenpeace has urged the central government not to endorse a draft bylaw on the control of forest fires in Riau province, saying articles in the draft could increase slash-and-burn practices in the province.
Not just palm oil
15/7/07 (The Star) - The Guthrie Foundation's new fellowship is aimed at finding ways to get the best out of what oil palm can offer.