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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
CPO price forecast to climb for rest of the year
Lahad Datu palm oil cluster targets RM1b investments
8/11/06 (The Star) - KOTA KINABALU: The newly launched Lahad Datu Palm Oil Industrial Cluster (POIC) is expected to draw over RM1bil in investments in the next two years.
Sime Darby To Increase Landbank For Oil Palm Plantation
KUALA LUMPUR, Nov 7 (Bernama) -- Conglomerate Sime Darby Bhd which is on the road of expansion, plans to increase its landbank for oil palm plantation by 2008, taking into view the continuous rise in crude oil price.
Setback for plantation firms if EU bans palm oil based biodiesel
6/11/06 (The Edge Daily) - Plantation companies looking to tap into the biodiesel demand in the European Union (EU) could face a setback if the EU parliament's industry committee's call for a ban on palm oil-based biodiesel is passed.
OPEC Fund to support development of Myanmar's edible oil sector
9/11/06 (SeedQuest) - Myanmar's edible oil crop sector will be developed over the next three years with technical assistance from FAO, supported by a loan of US$12.3 million from the OPEC Fund for International Development (OFID).
Singapore's Wilmar says Q3 net up, sees higher profits
SINGAPORE, Nov 9 (Reuters) - Singapore-listed palm oil refiner Wilmar International Holdings said it has already sold half of its planned biodiesel production at firm prices from its three plants in Indonesia due to start operating next year.
Sugar Bun's unit to receive RM33m for biodiesel services
8/11/06 (The Edge News) - Sugar Bun Corporation Bhd's wholly owned sub-subsidiary Borneo Energy Sdn Bhd will receive US$9 million (RM33.21 million) in service fee per annum from Thailand's biodiesel producer Suntech Palm Oil Co Ltd, for the provision of management and technical services.
Malaysia Wants Pakistan to Cut Car Duty
Sri Lanka to cap vanaspati exports to India
9/11/06 (The Economic Times) - NEW DELHI: The government has managed to convince Sri Lanka to limit exports of vanaspati oil to India at 2.50 lakh tonnes per annum, a move that is expected to limit the damage to local industry from duty free imports.
Foreign workers outnumber locals in commodities and plantation sector
10/11/06 (The Star) - MIRI: The number of foreign workers employed in multi-billion ringgit commodities and plantation sectors in the country has surpassed that of local workers.
