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Berita Arkib

MARKET DEVELOPMENT  
  13-07-2011

Dompok Sees Palm Oil Exports Of RM70 Billion This Year

13/07/2011 (Bernama) - Malaysia's palm oil exports will reach RM70 billion this year if the high crude palm oil (CPO) prices continue in the second half of the year, said Plantation Industries and Commodities Minister Tan Sri Bernard Dompok.

MARKET DEVELOPMENT  
  13-07-2011

Indonesia Expects To Double Trade With India Over Next 5 Years

13/07/2011 (Economic Times) - Speaking at an inter-active session at the Indian Chamber of Commerce (ICC) on Tuesday, the Indonesian ambassador to India, Lt General (retd) Andi Ghalib, said that the Prime Minister of India Manmohan Singh and the President of Indonesia, Sushilo Bambang Yudhoyono, had signed an agreement in New Delhi early last year worth billions of US dollars with the objective of strengthening bilateral business ties between the two countries. The Indonesian President was the Special Guest at the Indian Republic Day ceremony in New Delhi last year.

MARKET DEVELOPMENT  
  13-07-2011

Taiwan-Malaysia Bilateral Trade To Increase To US$14.5 Billion This Year

13/07/2011 (Bernama) - Bilateral trade between Taiwan and Malaysia is expected to increase to US$14.5 billion (US$1=RM2.99) this year from US$13.67 billion in 2010, said Taipei Economic and Culture Office in Malaysia.

MARKET DEVELOPMENT  
  13-07-2011

Netherlands and Indonesia Sign up to Sustainable Trade

13/07/2011 (NIS News Bulletin) - The Netherlands and Indonesia are going to work together for the next five years to enhance sustainable production and trade of goods like cocoa, coffee, tea, spices, palm oil, timber and fish.

MARKET DEVELOPMENT  
  13-07-2011

Cargill adopts \'greener\' palm oil policy

13/07/2011 (Mongabay.com) - Agribusiness giant Cargill will ensure all palm oil supplied to customers in Europe, United States, Canada, Australia and New Zealand is certified under the Roundtable on Sustainable Palm Oil (RSPO), an environmental standard, or originated from smallholder growers by 2015, according to a statement issued by the company. Cargill says it will extend the commitment to 100 percent of its products and customers globally – including China and India, the largest consumers of palm oil – by 2020.

MARKET DEVELOPMENT  
  13-07-2011

CPO Price On Downtrend

13/07/2011 (The Star) - The downward pressure on crude palm oil (CPO) prices continued yesterday amid rising production and an 18-month-high inventory. This has also triggered market talk that the commodity may slip to below RM3,000 per tonne this week.

MARKET DEVELOPMENT  
  13-07-2011

Palm Oil Prices May Fall Below RM3,000

13/07/2011 (Business Times) - Malaysian palm oil prices may fall below RM3,000 per metric ton this month as consumers may defer purchases in anticipation of lower selling prices, according to CIMB Investment Bank Bhd in a report today.

MARKET DEVELOPMENT  
  13-07-2011

Bio fuel production is being encouraged in industrial sector

13/07/2011 (Pattaya Mail) - The office of Energy Policy and Planning Office (EPPO), Ministry of Energy, is pressing the industrial sector to adopt a better waste management plan by developing a bio-fuel system.

MARKET DEVELOPMENT  
  12-07-2011

Smallholders Play Crucial Role In Malaysia\'s Palm Oil Industry

12/07/2011 (Bernama) - The smallholder sector which makes up 40 per cent of oil palm planted areas in Malaysia, is among crucial components in the country's palm oil industry.

MARKET DEVELOPMENT  
  12-07-2011

Indonesia eyes role in Myanmar

12/07/2011 (Myanmar Times) - Indonesia is seeking to expand trade with Myanmar, said Mr Edy Putra Irawady, Deputy Minister for Industry and Trade Affairs.

MARKET DEVELOPMENT  
  12-07-2011

Malaysia Palm Oil Inventories Reach 18-Month High

12/07/2011 (Gulf News) - Palm oil stockpiles in Malaysia, the second-biggest grower, climbed to the highest level in 18 months in June as production expanded, even as exports reached near-record highs.

MARKET DEVELOPMENT  
  11-07-2011

RI Still Relies on Palm Oil, Textiles for Future Growth

11/07/2011 (Jakarta Post) - Indonesia will continue to rely on major commodities such as palm oil, rubber as well textile and electronics products as the main drivers of the country’s future non-oil and gas exports, a senior Industry Ministry official says.