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Malaysia welcomes US tariff cut on palm oil, eyes RM21b in exports but warns against overreliance on single market
MPOB: Malaysia urged to diversify palm oil markets amid US tariffs
Crude palm oil's discount to soybean likely until 3Q, may spur Indian demand — analysts
Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
Rimbunan Sawit seeks land expansion over three years
1/6/2006 (The Star) - KUALA LUMPUR: Rimbunan Sawit Bhd is looking to further expand its land bank over the next two to three years, chief operating officer Khoo Lian Hong said yesterday.
Biodiesel projects could earn Malaysia RM700m in export revenue
3/6/06 (Business Times) - THE Government has approved the construction of 22 biodiesel plants, whose combined capacity could earn Malaysia some RM700 million in export revenue based on current crude palm oil prices.
Biofutures keen to purchase plant in Malaysia
3/6/06 (Business Times) - UK RENEWABLE fuels company, Biofutures International Plc, is in talks to buy a biodiesel plant in Malaysia in a deal which will result in the takeover of the British firm.
Rimbunan Sawit launches prospectus
1/6/06 (Business Times) - SOON-TO-BE-LISTED Rimbunan Sawit Bhd expects a net profit of RM8.5 million for its year ending August 2006 on the back of a RM110.4 million revenue.
Quota on SE Asian palm imports could hit local trade
25/5/06 (Business Standard India) - Tariff rated quotas on palm oil imports from Malaysia, Thailand and Indonesia under the proposed Free Trade Agreements will spell doom for the Indian edible oil industry, industry players said. Cheap palm oil would flood Indian markets if imports were allowed at lower duty, they said.
Ta Ann Invests RM28 Mln In Biomass Power Plant Project
SIBU, May 25 (Bernama) -- The Ta Ann Group, a timber and oil palm conglomerate, is investing RM28 million in a biomass power plant at its plywood processing factory in Sungai Sadit here.
Japan Keen To Cooperate With M'sia In Research On Biofuel
TOKYO, May 24 (Bernama) -- Japan is keen to cooperate with Malaysia in undertaking mutually beneficial research on producing high-quality biodiesel using palm oil, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Tuesday.
M'sia & Indonesia Sign MoU On Commodity Development Cooperation
PUTRAJAYA, May 25 (Bernama) -- Malaysia and Indonesia Thursday signed a memorandum of understanding (MoU) to launch a new series of joint efforts to develop their commodity sectors with the aim of further strengthening their positions as the world's biggest commodity suppliers.
JETC Agrees To Enhance Trade Investment Linkages
BEIJING, May 24 (Bernama) -- The seventh Malaysia- China Joint Economic and Trade Committee (JETC) meeting Wednesday agreed to enhance trade and investment linkages between the two countries.