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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
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
China impounds palm oil from missing importer-traders
25/06/2008 (Guardia.co.uk), Beijing - Chinese authorities have impounded palm oil stocks in a northern city after a major trading company's boss vanished, leaving a question mark over at least a hundred million yuan in prepayments from clients, traders said on Wednesday.
Felda Expanding Commercial Activities, Says Najib
25/06/2008 (Bernama), Kuala Lumpur - Deputy Prime Minister Datuk Seri Najib Tun Razak said the government was focusing on two possibilities in expanding Felda's commercial activities as a major producer of palm oil.
PM: No clearing of forests for oil palm plantations
25/06/2008 (NST Online), Kuala Lumpur - The government will not allow the clearing of forest areas for any new oil palm plantations, Prime Minister Datuk Seri Abdullah Ahmad Badawi said yesterday.
TDM To Increase Investment In Oil Palm Plantations In West Kalimantan
25/06/2008 (Bernama), Kuala Terengganu - TDM Bhd is planning to increase its investments in the oil palm plantation sector in West Kalimantan this year with the acquisition of another 30,000 hectares of plantation land.
Edible oils remain down at wholesale market
24/06/2008 (The Economic Times), New Delhi - Wholesale prices of select edible oils fell for the second straight day today in the national capital due to slow down in demand from vanaspati and retail units, even as palm oil prices rose in the global market.
Oxfam: Poor nations should think twice about biofuel boom
24/06/2008 (International Herald Tribune), Brussels - Anti-poverty group Oxfam International on Tuesday urged the world's poorest nations to think twice before jumping on a biofuel boom that could drive farmers off their land and hit food supplies.
PM for early signing of Pak-Indonesia PTA
24/06/2008 (Associated Press of Pakistan (APP)), Islamabad - Prime Minister Syed Yousuf Raza Gilani on Tuesday called for early signing of the Preferential Trade Agreement (PTA) with Indonesia as it would encourage and enhance the volume of trade between the two countries. He was talking to a delegation of Indonesian investors headed by Derom Bangun who alongwith a delegation of Pakistan Vanaspati Manufacturers Association led by Sh. Amjad Rashid, called on him here at the Prime Minister House this afternoon.
S&P: Kulim oil palm plantation ops set to prosper
23/06/2008 (The Star Online) - Despite a disappointing 2007, Standard & Poor's (S&P) is optimistic that Kulim (Malaysia) Bhd's oil palm plantation divisions will prosper this year.
