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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
Oil palm seed named after Prime Minister
19/5/06 (The Star) - NEW clonal oil palm seeds, developed by United Plantations Bhd (UPB), were unveiled by Prime Minister Datuk Seri Abdul-lah Ahmad Badawi at Jenderata Estate near Teluk Intan.
India must decide on trade relations with Asean
23/5/06 (The Star) - DISCUSSIONS on Asean's free trade agreement (FTA) with India have run into difficulties over New Delhi's resistance to tariff cuts on a range of products important to the economies of South-East Asia, including commodities such as palm oil.
MPOB Wins IDB Science And Technology Award
KUALA LUMPUR, May 20 (Bernama) -- Malaysian Palm Oil Board (MPOB) emerged as one of the three winners of this year's Islamic Development Bank (IDB) Prize for Science and Technology.
PVMA demands reduction in duties on edible oil
23/5/06 ISLAMABAD (Recorder Report) - The Pakistan Vanaspati Manufacturers Association (PVMA) has demanded reduction in customs duty and federal excise duty on import of edible oil in its budgetary proposals.
Palm oil industry killing orangutans
17/5/06 (The Jakarta Post) - It will only take up to two or three years of rain forest destruction if the current rate continues to determine the fate of the orangutan. The populations of orangutans that will still exist in 2008 will not be viable anymore and the damage done will be irreversible. The genetic pool of the orangutan will be too small to ensure the survival of the species.
Minister wants more palm oil for biodiesel fuels
22/5/06 (The Jakarta Post) - The government will prioritize the production of crude palm oil to ensure blended biodiesel fuels are price-competitive with standard subsidized diesel, the Research and Technology Minister says.
Palm oil industry urged to go global
17/5/06 KUALA LUMPUR (the Star) - The palm oil industry's agenda from this year onwards should focus on going global, said Business Council for Sustainable Development Malaysia executive director Datuk Ghazali Yusoff.
Jakarta eyes palm oil for fuel
18/5/06 JAKARTA (Asia Times) - Spiking global oil prices have fuel-importing countries everywhere examining the potential of lower-cost biofuels to save on their fuel bills and shore up national energy security. That's particularly true for Indonesia, which currently imports 30% of its energy needs but also boasts Asia's biggest bounty of the tropical resources used to produce the most efficient biofuels.
MPOPC Launches Global Conservation Fund To Champion Biodiversity Worldwide
LONDON, May 18 (Bernama) -- The Malaysian Palm Oil Promotion Council (MPOPC) has announced the launch of a RM20 million fund to enhance biodiversity conservation related to palm-oil production worldwide.
