PALM NEWS MALAYSIAN PALM OIL BOARD Tuesday, 24 Mar 2026

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Berita Arkib

MARKET DEVELOPMENT  
  18-07-2008

Sime Darby to invest RM330m in new refinery

16/07/2008 (The Edge Daily), Kuala Lumpur - Sime Darby Bhd is building a new RM330 million refinery in North Port, Port Klang to strengthen its position in the palm oil downstream business in Southeast Asia.

MARKET DEVELOPMENT  
  16-07-2008

Sime Darby to build RM330mil palm oil refinery

16/07/2008 (The Star Online), Kuala lumpur - Sime Darby Bhd aims to strengthen its position in the palm oil downstream business in South-East Asia by building a new RM330mil refinery in Port Klang's North Port.

MARKET DEVELOPMENT  
  16-07-2008

Windfall profit levy unlikely to hurt planters

16/07/2008 (The Star Online) - Analysts believe it will favour owners with estates in east Malaysia. The newly adjusted windfall profit levy imposed on oil palm plantation companies effective yesterday will not impact significantly their earnings forecasts.

MARKET DEVELOPMENT  
  16-07-2008

Malaysia imposes windfall profit levy on palm oil plantations

15/07/2008 (Xinhua) - Malaysia began to impose a windfall profit levy, effective on Tuesday, on a total of 3,661 oil palm plantations in the country, but exempt smallholders.

MARKET DEVELOPMENT  
  16-07-2008

Oilseed prices firm up as fears of output fall loom large

16/07/2008 (Times Economic Times), Mumbai - Prices of vegetable oilseeds — soyabean, mustard seed and castor seed — are moving up, tracking firm global trends and on fears of low oilseed acreage in Maharashtra, Gujarat and Andhra Pradesh. Soyabean moved up Rs 12 per quintal to Rs 2,754 in Indore spot market, mustard seed moved up Rs 30 a quintal to Rs 3,295 at Jaipur mandi and castor seed moved up to Rs 625 per 20 kg from Rs 612 the previous day in Gujarat mandi.

MARKET DEVELOPMENT  
  16-07-2008

Windfall Tax On Oil Palm To Involve 3,661 Plantations

15/07/2008 (Bernama), Putraya - A total of 3,661 oil palm plantations in the country will be paying a windfall profit levy effective today with the government's decision to exempt smallholders having less than 40 hectares of plantation land, from paying the tax.

MARKET DEVELOPMENT  
  16-07-2008

UPDATE 1-Malaysia\'s Sime says to build $103 mln CPO refinery

15/07/2008 (Reuters, USA), Kuala Lumpur - Malaysian's top palm oil company Sime Darby will spend 330 million ringgit ($102.5 million) to build a refinery to process crude palm oil, its chief executive said on Tuesday.

MARKET DEVELOPMENT  
  16-07-2008

Parliamentary select committee visits oil palm industries in Ashanti

15/07/2008 (Accra Daily Mail) - Mr Akenten Appiah-Menkah, Managing Director of Appiah-Menkah Apino Soap in Kumasi, has called for the establishment of a Palm Oil Development Board to handle issues on the industry.

MARKET DEVELOPMENT  
  16-07-2008

Tax office intensifying tax collection

16/07/2008 (The Post Jakarta) - The tax office remains confident of achieving its full-year tax target, despite collecting only 42 percent of the figure in the first half of the year, or Rp 265.18 trillion (US$28.82 billion).

MARKET DEVELOPMENT  
  15-07-2008

Govt To Collect RM2.3 Bln From Windfall Profit Levy On Palm Oil

14/07/2008 (Bernama), Putrajaya -- The Ministry of Finance is expected to collect RM2.3 billion in windfall profit levy from oil palm estate owners in the next 12 months.

MARKET DEVELOPMENT  
  15-07-2008

Price of vegetable oil goes up by 15%

14/07/2008 (The Tide Online) - There has been a 15 per cent increase in the price of vegetable oil in some major towns in Delta.

MARKET DEVELOPMENT  
  15-07-2008

Palm Olein imports surge as duty differential falls

14/07/2008 (The Hindu Business Line), Chennai - RBD palmolein witnessed record import during June, thanks to its effective Customs duty declining to 2.8 per cent.