Berita Arkib

06/01/2008 (International Herald Tribune, France), Kuala Lumpur - Malaysian cooking oil will be rationed starting Monday to counter a supply shortage caused by smuggling and panic buying amid fears of a price hike, a government official said.

05/01/2008 (The Star Online), Ipoh - Panic buying as a result of rumours of price hikes has been identified as the cause of a shortage in cooking oil and flour in Perak.

05/01/2008 (The Star Online) ,Putrajaya - Five kilograms – that is the maximum amount of cooking oil that each consumer can buy when a move to solve the shortage of the essential item is enforced next week.

04/01/2008 (Xinhua), Kuala Lumpur - Malaysia will begin to implement a rationing supply of cooking oil as the country is facing a cooking oil shortage crisis, a local official announced on Friday.

06/01/2008 (NST Online), Kuala Lumpur - There was no panic buying of cooking oil in the Klang Valley despite a move to impose a limit on its purchase.

05/01/2008 (Philippine Daily Inquirer) - Soaring oil prices that hit a grim $100 per barrel in the world market is a wake-up call for us to develop alternative, clean and renewable sources of fuel.

07/01/2008 (The New Nation) - Anarchy is now prevailing in the country's edible oil markets despite the falling in prices of rice in wholesale markets.

04/01/2008 (Reuters), New Delhi - India, the world's leading vegetable oil importer, may cut customs duties on oils to rein in a spike in domestic prices and to keep a lid on inflation pressures, traders said on Friday.

04/01/2008 (The Jakarta Post, Jakarta) - The Indonesian Farmers' Union criticized the government Wednesday for mismanagement in the food crop sector, highlighting the massive displacement of farmers by the expansion of oil palm plantations.

04/01/2008 (Daily Times, Pakistan), Karachi - The reduction of ten percent import duty on palm oil from Malaysia will not significantly affect the domestic price of vegetable oil in the country, the importers and dealers said on Thursday.

03/01/2008 (Financial Times) - The prospect of crude oil staying above $100 a barrel is pushing the price of palm oil to record highs as the commodity is increasingly made into biodiesel, an often cheaper alternative to petroleum-based fuels.

03/01/2008 (The Hindu Business Line) - The soaring Sensex is as adrenalin to India Inc. Not many, however, seem to be unduly concerned about the galloping food prices. Almost everyone, from the Prime Minister downwards, is making pious noises on this score, without any tangible efforts to rein in the soaring prices.