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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
Indonesia, Malaysia launch joint move to defend palm oil industry
19/07/2006 The Jakarta Post, Medan) - Indonesia and Malaysia have agreed to allocate 500,000 euro (about US$394,000) to pay the fees of a consultant or joint spokesman to counter campaigns launched by non-governmental organizations against palm oil production in the two countries.
Palm Oil Project Gets Good Response From Foreign Investors
KOTA KINABALU, July 18 (Bernama) -- The project by the Sabah state government to turn Lahad Datu into a palm oil downstream processing hub called Palm Oil Industrial Cluster (POIC) has received warm response from foreign investors but lukewarm response from Malaysian investors, said POIC Sabah Sdn Bhd's chairman Datuk Dr Ewon Ebin.
Palm Oil Board Donates US$10,000 For Tsunami Victims
JAKARTA, July 18 (Bernama) -- The Malaysian Palm Oil Board (MPOB) will donate US$10,000 (RM37,000) for victims of the tsunami that hit Java island Monday.
Indofood proposes merger of its palm oil units
17/7/06 JAKARTA (Reuters) - The world's largest instant noodle maker, PT Indofood Sukses Makmur Tbk , plans to merge its five units in the palm oil industry business into a sixth unit to increase efficiency, one of the subsidiaries involved in the merger said on Monday.
Singapore palm oil firm Wilmar says completes takeover
SINGAPORE, July 19 (Reuters) - Singapore-listed Wilmar International said on Wednesday it has completed a reverse takeover of EzyHealth Asia Pacific Ltd. and in compliance with regulations, it will sell 375 million shares in the company's enlarged and paid-up share capital.
Govt happy with response to POIC
19/7/06 (The Edge News) - Kota Kinabalu: Investors are lining up to buy industrial land for palm oil related investment in the State Government-owned palm oil industrial cluster (POIC) in Lahad Datu, Chief Minister Datuk Seri Musa Aman said.
Putting Food in Car Engines Instead of Dinner Tables
WASHINGTON, Jul. 13, 2006 (IPS/GIN) -- Cars, not people, will claim most of the increase in world grain consumption this year.
Indonesia tests fuel alternative in palm oil
13/7/06 (Bloomberg News) - JAKARTA Indonesia plans to invest 200 trillion rupiah, or $22 billion, over the next five years to promote the use of alternative fuels using crops such as palm oil, Energy Minister Purnomo Yusgiantoro said Thursday.
Malaysia and North Korea Sign $20 Million Palm Oil Barter Trade Pact
12/7/06 PUTRAJAYA, Malaysia (AP) -- Malaysia and North Korea on Thursday inked a $20 million palm oil barter trade pact, with the communist nation possibly shipping steel and magnesia to the Southeast Asian nation in exchange for the much-needed commodity.
