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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
Tariff values cut for vegoils
18/4/06 Chennai (Business Line) - The Centre has cut the tariff values for palm group of oils by $10 a tonne and that of crude soyabean oil by $6. Earlier, on March 3, the Union Government cut the tariff values for palm group of oils by $4 and crude soyabean oil by $13.For the palm group of oils, this is the third time that the tariff has been cut since March 15. However, on March 15, the tariff value for crude soyabean oil was raised by $13.
PORAM No To Total Liberalisation Of Refining Policy For Sabah And Sarawak
KUALA LUMPUR, April 18 (Bernama) -- The Palm Oil Refiners Association of Malaysia (PORAM) is against a total liberalisation of the policy for the palm oil refineries in Sabah and Sarawak.
Malaysia's MISC orders 4 chemical tankers
KUALA LUMPUR, April 19 (Reuters) - Malaysia's biggest shipping group, MISC Bhd , said on Wednesday it had ordered four new chemical tankers from South Korea's STX Shipbuilding Co , for delivery in 2009. MISC, the world's largest carrier of liquefied natural gas and Malaysia's third-largest listed firm, gave no value for the orders, however.
Bakrie unit plans Indonesia's first biodiesel plant
JAKARTA, April 19 (Reuters) - Indonesian plantation company PT Bakrie Sumatera Plantations Tbk plans to jointly build the country's first biodiesel plant to meet a surge in demand for renewable energy, the company said.
Sarawak identifies sites for new ports
17/4/06 (Business Times) - THE Sarawak state government plans to develop two more ports along its coastlines to meet growing demand for sea outlets, in tandem with the economic development of the state.
Call to give palm oil refinery licences to firms in Sabah, Sarawak
19/4/06 (Business Times) - MORE licences for palm oil refineries need to be issued in Sabah and Sarawak, the Palm Oil Refiners Association of Malaysia (Poram) said.
Kumpulan Fima to grow agro based businesses
18/4/06 PETALING JAYA (The Star) - Agro-based Kumpulan Fima Bhd (KFima) group is fortunate that it was selected by the Malaysian Palm Oil Board (MPOB) as one of three companies that it will jointly build palm oil-based biodiesel plants with.
Brokers voice concern over CPO futures move
17/4/06 (The Star) - CRUDE palm oil (CPO) brokers and dealers are crying foul over Bursa Malaysia Derivatives Bhd's move to sell its CPO futures daily settlement prices, particularly to Singapore-based Joint Asian Derivatives Exchange (JADE).
Price licensing under review
16/4/06 (The Star) - BURSA Malaysia Bhd is currently reviewing the policy on the sale of its crude palm oil (CPO) futures daily settlement price licences to interested foreign-based futures exchanges.
