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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
New govt must develop other energy sources
24/01/2008 (The Bangkok Post) - It is high time that Thailand took serious steps to develop sustainable energy sources for a sustainable future. His Majesty the King has called for greater use of biodiesel, gasohol and other alternative energy sources, to reduce the import of oil, which costs the country billions of baht annually.
Rethinking biofuels
23/01/2008 (Inquirer.net) - THE HOTTEST debate in town involves something vital to motorists: fuel. Sen. Miriam Defensor-Santiago, who ironically enough authored the Biofuels Act of 2007, wants to apply the brakes on its implementation, citing the recent warning of 1998 Nobel laureate for chemistry Dr. Hartmut Michel that our government’s biofuels program could endanger the country’s food security and harm the environment.
Reducing Cooking Oil Supply To Rantau Panjang To Curb Smuggling
21/01/2008 (Bernama), Kota Bharu - Supply of cooking oil to Rantau Panjang will be reduced to curb smuggling which has become rampant.
Malaysia Closely Watching Proposed EU Ban On Imports Of Biofuels
21/01/2008 (Bernama), Brussels - Malaysia, along with Indonesia, will be closely monitoring developments within the European Union (EU) regarding a draft law that proposes to ban imports of certain biofuels, sources here told Bernama.
EU Is Planning Measures To Protect Biofuels Industry
23/01/2008 (Wall Street Journal) - The European Union will move today to protect its ailing transport-biofuels industry from foreign imports with measures that would force companies to show their fuels are helping the environment more than they are hurting it, according to documents seen by The Wall Street Journal.
UN Warns of Biofuels\' Environmental Risk
23/01/2008 (Associated Press), Bangkok, Thailand — The world's rush to embrace biofuels is causing a spike in the price of corn and other crops and could worsen water shortages and force poor communities off their land, a U.N. official said Wednesday.
POIC seeks RM1b yearly till 2025
23/01/2008 (Daily Express, East Malaysia), Kota Kinabalu - Sabah is seeking RM1 billion from the Federal Government for continued development of the Palm Oil Industrial Cluster (POIC) in Lahad Datu over the next 18 years as part of the Sabah Development Corridor programme.
India\'s Vegetable Oil Imports This Year May Rise 5%, Group Says
22/01/2008 (Bloomberg) - India, the world's second-biggest buyer of vegetable oils, may import 5 percent more of the commodity to boost supplies as domestic oilseed production falls, a trade body said.
Pact with Asean next year
23/01/2008 (The Telegraph), New Delhi - India today expressed confidence that a free trade agreement (FTA) with the 10-member Asean would become operational by January 2009.