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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
M'sia & Kazakhstan Ink Pact On Avoidance Of Double Taxation
PUTRAJAYA, June 26 (Bernama) -- Malaysia and Kazakhstan Monday signed an agreement on the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income between two countries.
Markets support growth of biofuel plant
26/6/06 (The Star) - BIOFUEL stocks continue to ignite interest in the US. VeraSun Energy Corp, an ethanol producer, made its debut on the New York Stock Exchange in the middle of the month and drove off to a racy start.
Indonesia, Malaysia cooperate on biodiesel
21/6/06 (Asia Times) JAKARTA - Indonesia and Malaysia through their state-run oil and gas companies, Pertamina and Petronas respectively, will establish a cooperation in the exploitation of oil and gas resources and a joint research to produce palm oil-based biodiesel.
Glycerin Glut Sends Prices Plummeting
26/6/2006 (soyatech.com) - A glut of glycerinon world markets has caused prices of this versatile chemical to take a nosedive over the past year. The present oversupply of glycerin is mostly due to surging biodiesel fuel programs in Western Europe, which generate glycerin as a byproduct. Another factor is the rapid growth of the plant-derived oleochemicals industry in Southeast Asia, which also churns out excess glycerin.
EAC to Review External Tariffs As Dar Retains 10 Percent Duty On Palm Oil
20/6/06 ( Allafrica,com) - Tanzania will delay the implementation of the Common External Tariff (CET) rate of zero per cent on crude palm oil, for one year, and instead impose a duty rate of 10 per cent.
China Firms Seek Malaysian Palm Oil Waste For Biodiesel
BEIJING, June 19 (Bernama) -- The viability of palm oil as a clean alternative fuel has prompted several mainland China firms to seek palm oil waste from Malaysia to produce biodiesel amid spiking crude petroleum prices.
Boustead to set up RM570m Islamic REIT
21/6/06 9The Edge Daily) - Boustead Holdings Bhd group is setting up an Islamic real estate investment trust (I-REIT) to be listed on the Main Board involving some of its oil palm estates and mills with a total value of up to RM570 million.
Indonesia, Malaysia review progress in economic deals
20/6/6 (The Jakarta Post, Jakarta) - President Susilo Bambang Yudhoyono and visiting Malaysian Prime Minister Abdullah Ahmad Badawi met Tuesday to discuss the progress of a number of collaboration agreements in the energy and palm oil sectors.
Bursa to co-host China oil and oilseeds meet
19/6/06 (The Star) - KUALA LUMPUR: Bursa Malaysia and Dalian Commodity Exchange (DCE) will jointly organise the China International Oil and Oilseeds Conference.
