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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
No FED on ghee and cooking oil production
20/1/06 (Daiy Times) - SLAMABAD: The Central Board of Revenue (CBR) has announced that no federal excise duty (FED) is chargeable on the domestic production or manufacturing of ghee and cooking oil and other edible oil.
Chong to take up palm oil pollution with KL
19/1/06 Kota Kinabalu (Daily Express) - The State Cabinet has given Tourism, Culture and Environment Minister Tan Sri Chong Kah Kiat the green light to discuss with the Federal Government a proposal to ban palm oil mills from discharging effluents into rivers.
Olive cultivation to enhance edible oil production
20/1/06 ISLAMABAD (DailyTimes) - The government is contemplating a plan to enhance cultivation of olive plants in the country and farmers have been offered incentives to encourage them to promote olive production.
Palm oil mills better beware
18/1/06 Sandakan (Daily Expres) - Deputy Chief Minister Tan Sri Chong Kah Kiat ordered the management of a palm oil mill at Segaliud, 70km from here, to stop discarding toxic wastes into the nearby river, with immediate effect.
Major Countries Keen To Operate Winter Technology Biodiesel Plant
18/1/06 BANGI, (Bernama) -- Major countries in the world including Germany, are applying for a licence to operate a winter technology biodiesel plant using palm oil, said Malaysian Palm Oil Board (MPOB) director-general, Tan Sri Dr Yusof Basiron.
Felda aid for Sabah poor
20/1/06 TUARAN (Daily Express) - Sabah will receive about RM150mil over the next five years to help poverty-stricken families in the state.
GHope Aims For RM1 Bln Profit
19/1/06 KUALA LUMPUR, (Bernama) -- Golden Hope Plantations Bhd, the world's second biggest producer of fatty acids, aims to achieve RM1 billion in pre-tax profit in four years.
Govt cuts base import price of crude palm, soybean oil
16/1/06 (India Online) - The Government on Monda announced that it had marginally slashed the base import prices of crude palm and soybean oils. India is one of the world's leading edible oil importers and imports 150,000-200,000 tons of crude palm oil every month.
RI, Malaysia to set up palm oil body
15/1/06 (The Jakarta Post) - Indonesia and Malaysia, two of the world's largest crude palm oil producers, agreed last week to set up a joint body to regulate the international price of the commodity.
