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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
Indonesia Asks Companies to Remit Export Earnings
29/10/2008 (Bloomberg) - Indonesia asked state companies to bring export proceeds home and will scrap a levy on overseas palm oil sales to boost the rupiah, after the currency plunged as much as 29 percent in the past month.
Indonesia adopts measures to boost rupiah
29/10/2008 (Xinhua), Jakarta - Indonesia has obligated state-own firms to place their U.S. dollars in the country and speed up the implementation of project funded by donors, Coordinating Minister for Economy Sri Mulyani Indrawati told a press briefing on Tuesday evening after a sudden cabinet meeting.
‘Call to bring ghee prices down’
29/10/2008(The Post), Lahore - Chairman task force for essential commodities, S.A Hameed has said that ghee mills owners should reduce the price of ghee as the price of palm oil has dropped in the international market.
New steps to boost economy
29/10/2008 (The Star Online), Pekan - The government will announce further policy measures to counter the impending global recession and its impact on the Malaysian economy.
Indonesia to hold talks with Malaysia, Vietnam on commodities
28/10/2008 (Thanhniew News) - Indonesia, the world’s biggest producer of palm oil and Asia’s second-largest for coffee, plans to hold more talks with Malaysia and Vietnam in a bid to stem price declines.
Indonesia\'s Pertamina says plans to lift biodiesel sales
28/10/2008 (Alibaba.com) - Indonesia's state oil firm Pertamina will increase the sale of palm-based biodiesel in a move to cut energy subsidies, a company official said on Monday.
Ministry visits 16 estates to check on conditions for workers
28/10/2008 (The Star Online), Kuantan - The Plantation, Industries and Commodities MiniÂstry has visited 16 estates owned by 10 companies nationwide in a move to check on compliance with corporate social responsibility (CSR).
Bangladesh\'s imports of Malaysian palm oil up by 75pc in 8 months
27/10/2008 (The Nation) - Bangladesh imported 149,717 tonnes of palm oil from Malaysia during first eight month of this year (Jan to July 2008), rising by 75.1 percent or 64,213 tonnes from 85,504 tonnes during the same period of last year.
Palm oil small holders in fix over refusal to accept their fruits
25/10/2008 (Daily Express News), Sandakan - Smallholders here are complaining that several millers and fresh fruit bunch (FFB) collecting centres in the district are refusing to accept their FFB and have started restricting their deliveries, said the Democratic Action Party (DAP).
