Berita Arkib

Incredibly, Nigeria spends a whopping $500 million to import palm oil annually to meet local demand. This is a big irony, as a full harvest of the country’s potential in this resource will reverse this trend, and channel the saved funds to the development of priority areas. The Governor, Central Bank of Nigeria, Godwin Emefiele, wants this achieved with the bank’s interventionist policy in this sub-sector of the economy. The irrational dependence on petro-dollars resulted in the country abandoning palm oil production in commercial quantity, a commodity it was the leading global producer in the 1960s and early 1970s.

The Energy Ministry has decided to postpone the effective date for cutting retail prices for biodiesel B10 and gasohol E20 by one baht per litre from Wednesday to Thursday because the ministry's buildings caught fire on Wednesday, rendering officials unable to conduct a meeting.

KRIBI, Cameroon — Alarm flashed through Cameroon’s conservation community in mid-September, when images of untidy rows of black polythene bags in a freshly bulldozed gash in the rainforest made the rounds of social media. It was soon confirmed that the pictures came from a forest concession adjacent to Campo Ma’an National Park, in the south of the country. A little-known company, Camvert, intends to convert 60,000 hectares (148,000 acres) of forest here into oil palm plantations.

Jakarta INDONESIA on Monday launched biodiesel containing 30 per cent palm-based fuel, the highest mandatory mix in the world, in a bid to slash its fuel import bill and boost domestic palm oil consumption.

KUALA LUMPUR (Dec 24): IOI Corp Bhd said the group is now 100% Malaysian Sustainable Palm Oil (MSPO)-certified across its 84 estates and 14 mills in the country after the group's final estate obtained its certification on Nov 28.

GEORGE TOWN: Local scientists have found a “natural mechanism” to cut down the use of pesticides in oil palm plantations.

Singapore — Analysts and traders fixated on the elevated crude palm oil stockpile at the beginning of 2019 are left cheering as CPO stocks fell across Malaysia and Indonesia while prices rallied to MR 2,684/mt (US $648/mt) December 4 against MR 2,065/mt at the beginning of the year.

What started as a spat with the European Union over Indonesian palm oil has escalated into a far broader trade dispute with imported European spirits and now dairy products caught in the crossfire.

[KUALA LUMPUR] Malaysian palm oil futures fell for a second straight session on Tuesday in thin pre-holiday trade, tracking weaker rival oils, although supply concerns and higher biofuel mandates capped the losses.

President Joko Widodo (Jokowi) launched the 30 percent blended biodiesel (B30) program at a gas station in Jakarta, Monday, while highlighting that the measure may help Indonesia save US$4.8 billion in foreign exchange in 2020.

ndonesia is stepping up its economic diplomacy in 2020 as trade disputes with the European Union (EU) are poised to escalate. The two sides have traded complaints at the World Trade Organization (WTO) over Indonesia's two main commodities, palm oil and nickel ore, even as they continue talks for a free trade agreement.

Cooperatives (co-ops) involved in oil palm cultivation here have been urged to strive for the Malaysian Sustainable Palm Oil (MSPO) certification before the year-end deadline.