Berita Arkib

24/11/2010 (Business Times) - Jotech Holdings Bhd, a Malaysian precision tool maker, rose the most in nine days in Kuala Lumpur trading, after saying it will buy two palm oil companies to diversify into resources industries.

24/11/2010 (The Financial Express) - The government is actively considering to bring in more areas under oil palm cultivation within the country in the next few years to reduce the palm oil import bill. At present, almost 99% of the country's annual palm oil requirement is imported due to low local output.

24/11/2010 (The Star Online), London - Top British retailers and food manufacturers are mostly supportive of local palm oil but they want Malaysia to step up its promotional efforts and communication strategies to heighten the awareness among British end-consumers of the sustainable credentials of the commodity.

23/11/2010 (Bloomberg) - Global demand for eight vegetable oils including palm and soybean will exceed production for the first time in eight years in 2010-11, even with prices at a two- year high, Oil World said.

23/11/2010 (Bloomberg) - India, the biggest user of cooking oils after China, should restore taxes on imports to protect local oilseed farmers from cheaper overseas purchases of edible fat, a processors’ group said.

23/11/2010 (TEMPO Interactive), Jakarta - The Coordinating Minister of the Economy, Hatta Rajasa, said that downstream palm oil industry needs incentives because of its high export value. “People are not motivated to build the downstream industry,” said Hatta yesterday.

23/11/2010 (Bloomberg) - Palm oil declined for a second day to the lowest level in three weeks on concern that China may reduce imports as the world’s biggest consumer of cooking oils takes steps to cool food prices.

23/11/2010 (AFP), Jakarta - Greenpeace on Tuesday warned that a billion-dollar deal between Norway and Indonesia to cut carbon emissions from deforestation is in danger of being hijacked by timber and oil palm companies.

23/11/2010 (The Jakarta Post), Jakarta - Thousands of small-scale farmers have received sustainable palm oil certificates from the Roundtable on Sustainable Palm Oil (RSPO), showing their ability to meet international standards on sustainable palm oil, a minister says.

23/11/2010 (Times Of India), Kochi - The vigilance case against the CVC P J Thomas dates back to 1991-92 when he was secretary, food & civil supplies, Kerala government. Congress's K Karunakaran was the CM and the state government had decided to import palm oil from a Singapore firm.

22/11/2010 (Maui News) - In early 2007, Hawaiian Electric Co. and subsidiary Maui Electric Co. announced plans by BlueEarth Biofuels to construct a mega-sized palm oil refinery on Maui, which would have been the largest in the world. Since that time, several respected Hawaii environmental and cultural groups have raised a red flag against the idea of importing Malaysian palm oil to Hawaii.

22/11/2010 (Bloomberg) - Palm oil plunged the most in more than 15 months on concern that China’s plans to cool domestic prices by selling cooking-oil stockpiles will reduce demand from the world’s biggest user of the commodity.