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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
RM26bil target for oil palm
19/8/2006 (The Star) - FOR the oil palm sector, targets set for the IMP3 period (2006-2020) include achieving total investments of RM26.1bil, or RM1.7bil per year, largely in oleochemicals and biodiesel.
India Expects To Triple Palm Oil Imports By 2012
KUALA LUMPUR, Aug 18 (Bernama) -- India expects to triple its palm oil imports to about 10 million tonnes by 2012 to fuel its rapidly growing economy.
Fires destroy 1,000ha oil palm estates
18/8/06 (The Star) - KUCHING: Fires have destroyed more than 1,000ha of oil palm plantations in Samarahan, Sri Aman and Betong divisions in southern Sarawak, adding to the worsening haze enveloping the state.
Singapore Turns to Biodiesel to Fight Rising Fuel Costs
21/8/2006 (Reuters) SINGAPORE — Singaporean Kom Mam Sun ran his Nissan truck on biodiesel fuel for two years to test his business idea of turning used cooking oil from restaurants into fuel for vehicles.
Rotary Engineering to build biodiesel plant on Jurong Island
21/8/06 (Channel NewsAsia) SINGAPORE : Rotary Engineering has won a S$24 million contract from Germany's Peter Cremer to build a biodiesel process plant.
High CPO prices may stall national biodiesel plan
20/8/06 (The Edge News) - The government’s plan for the mandatory use of 5% palm oil content (biodiesel) in diesel by January 2007 may hit a snag if production of biodiesel becomes too expensive due to the rise of crude palm oil (CPO) prices, analysts said.
India cuts tariffs to jump-start SE Asian trade talks
20/8/06 (AFP) - KUALA LUMPUR: India has said it has offered concessions to restart stalled trade talks with Southeast Asia, slashing tariffs on imports of sensitive agriculture products such as palm oil, tea and pepper.
Cut in duty proposed for checking ghee and oil prices
19/8/06 ISLAMABAD (Business Recorder) - : The Ministry of Industry and Production has recommended to the federal government that the rate of customs duty on RBD palm olien and palm oil should be reduced by Rs 4,000 per tonne to offset the impact of increase in prices in the domestic market, official sources told Business Recorder here on Friday.
QL to develop oil palm plantation in East Kalimantan
16/8/06 (The Edge News) - QL Resources Bhd is venturing into Indonesia with a proposed partnership with local parties to develop an oil palm plantation on two parcels of land totalling 20,000ha in East Kalimantan.
