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AI boom is turning Malaysia’s palm oil estates into data centres
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
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
IOI buying into Sarawak firms
19/03/2008 (The Star Online), Kuala Lumpur - IOI Corp Bhd has proposed to acquire major stakes in several plantation companies in Sarawak that own a combined 44,350ha in the state for RM439.85mil.
IOI buying Sarawak oil palm estates for RM439m
18/03/2008 (The Star Online), Petaling Jaya - IOI Corporation Bhd is expanding its oil palm plantations in Sarawak by proposing to acquire a major stake in several companies for RM439.85mil.
Kerala HC declines to stay ban on palm oil import
18/03/2008 (Indlaw News) - The Kerala HighCourt has declined to stay a single judge order ratifying the ban on import of palm oil through ports in the state.
Ban on edible oils export
18/03/2008 (The Hindu Business Line) - The Centre has banned exports of all edible oils from the country as a measure to curb their rising prices and check inflation. In a notification issued late on Monday, the Directorate-General of Foreign Trade, an arm of the Commerce Ministry, said the ban, with immediate effect, would be applicable for one year.
India Bans Exports of Edible Oils to Boost Supplies
18/03/2008 (Bloomberg) - India, the world's second-biggest buyer of vegetable oils, banned exports of all edible oils to boost local supplies amid concern a smaller winter oilseed crop may worsen a shortage.
Govt bans export of edible oil for one year
18/03/2008 (Business Standard) - The government has banned export of edible oil for one year to check rising domestic prices and control inflation. The ban will be in place till March 16, 2009.
Prices of local ghee, oil brands reduce
19/03/2008 (The News-International, Pakistan) - PRICES of edible oil and ghee further declined in the wholesale market Tuesday, following a decrease in international palm oil rates, while the retailers have also lowered prices - for the first time after a sharp increase was registered previously.
PODB to import 0.9 million palm seedlings from Malaysia
18/03/2008 (Associated Press of Pakistan), Islamabad - To reduce the growing import bill of edible oil on national economy, Pakistan Oilseed Development Board (PODB) under its Oilpalm Development Project has decided to import 0.9 million palm seedlings from Malaysia. “These seedlings will be grown in the coastal areas of Sindh and Balochistan,†official sources told APP.
Centre revises tariff value of brass scrap, poppy seeds
18/03/2008 (My Iris) - Central Board of Excise and Customs (CBEC), Department of Revenue, notified tariff values of edible oils, brass scrap (all grades) and Poppy seeds in its circular on Monday (Mar.17, 2008).
