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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%
ASEAN softens approach to strike FTA with India
22/01/2008 (The Economic Times), New Delhi - After a series of compromises made by India to remove the hitches blocking the India-Asean free trade agreement (FTA), Asean too seems to be doing its bit in the last leg of the negotiations. In its fresh proposals on duty cuts for the five crucial agricultural products holding up the agreement, it has gone down considerably from its earlier demands.
India hopes to conclude FTA with ASEAN by March
23/01/2008 (The Economic Times), New Delhi - A free trade agreement between India and 10-nation ASEAN is likely to be operationalised by January 2009, with negotiations expected to conclude by March this year, Commerce Secretary Gopal Pillai said on Wednesday.
Govt yet to decide on edible oil duty cut
18/01/2008 (The Hindu), New Delhi - The government on Friday said it has not yet decided on reducing the customs duty on imported edible oils such as palm oil and soya oil.
Palm oil industry prepares geen initiative to counter criticism
18/01/2008 (Mongabay.com) - Global food and consumer goods giants are backing a plan to certify that palm oil is produced in a way that doesn't drive destruction of tropical rainforests, reports The Wall Street Journal. The move comes as the palm industry is facing increasing scrutiny -and consumer backlash - for its practices which scientists say are driving large-scale destruction of forests across Indonesia and Malaysia, resulting in massive greenhouse gas emissions.
Biofuels \'do more harm than good\'
20/01/2008 (Guardian Unlimited) - Controversial plans to make cars greener by using fuel made from crops and animal fat will be thrown into doubt this week when MPs are expected to question whether they will do more harm than good.
Chinese firm\'s biogas project put into operation in Malaysia
19/01/2008 (Xinhua), Rompin, Malaysia - A project, implemented by a Chinese-funded firm and uses biotech to turn waste water from palm oil refineries into electricity, has been put into operation successfully in Malaysia, a Chinese embassy official said here on Saturday.
Dark side of a hot biofuel
20/01/2008 (Sacbee.com) - Every morning, the cage doors swing open and 34 orangutan orphans climb into the outstretched arms of their human mothers.
Edible oils tariff values kept unchanged
15/01/2008 (The Economic Times), New Delhi - The base prices of edible oils, which determine the customs duties on them, have been kept unchanged by the government as the domestic prices remain high.
Biodiesel squeezes palm supply
16/01/2008 (The Bangkok Post) - The mandatory introduction of biodiesel next month has had little impact on crude palm oil supplies, insists Chaiwat Churit, a senior executive vice-president of PTT Plc. The Energy Ministry plans to make B2 biodiesel, a blend of 2% biofuel and diesel, the universal standard starting from Feb 2.
