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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Indonesian Stocks Rebound on Earnings Optimism
20/10/2011 (Jakarta Globe) - Stocks rebounded on Wednesday amid expectations of positive corporate earnings reports in the next couple of weeks and on good news out of Europe.
Felda Shortlists 15 Investment Banks for Listing Exercise
20/10/2011 (The Sun Daily) - Federal Land Development Authority (Felda) Holdings Bhd has shortlisted 15 investment banks to undertake the listing exercise of Felda Global Ventures Holdings Sdn Bhd (FGVH), said its Chairman Tan Sri Isa Abdul Samad.
Indonesia President Names New Trade Minister
20/10/2011 (VIVAnews.com) - President Susilo Bambang Yudhoyono has officially appointed Gita Wirjawan as Trade Minister replacing Mari Elka Pangestu in response to the cabinet reshuffle. The Indonesian president calls on Gita to improve domestic trade in an effort to reinforce the economy following the global economic downturn.
Oleochemicals, Biofuels Face Higher 2012 Feedstock Price – Consultant
20/10/2011 (ICIS) - After bottoming out in September, the global fats and oils market is expected to see another upward price cycle in 2012, led by projected lower production volumes and increased consumption of biofuels, an industry consultant said on Wednesday.
Two People’s Plantation Schemes Failed, Says Assemblyman
20/10/2011 (The Star) - The Kelantan state assembly was told that two Ladang Rakyat schemes in Gua Musang had suffered losses since its implementation five years ago.
Agrobank Sees Higher Net Profit
20/10/2011 (The Star) - Agrobank is aiming for a 15% to 20% year-on-year growth in net profit for the current financial year ending Dec 31, 2011 (FY11), said president and chief executive officer Wan Mohd Fadzmi Wan Othman.
Kharif Oilseed Output May Slide 4-5% on Crop Damage: Industry
20/10/2011 (Business Standard) - The country’s total oilseed production this kharif harvesting season is likely to decline by four-five per cent season due to severe crop damage, especially of soybean, in major areas of Madhya Pradesh, India’s largest producing state.
Indonesia\'s SMART Says Unilever Resumes Palm Oil Buys
19/10/2011 (Reuters) - Anglo-Dutch consumer goods giant Unilever (UNc.AS) has resumed palm oil purchases from Sinar Mas Agro Resources and Technology (SMART) after the planter adopted new green policies, the Indonesian palm oil firm said late on Monday.
The Co-operative Certifies All Palm Oil Use as Sustainable
19/10/2011 (FoodBev.com) - The move by the consumer-owned retailer will help to protect endangered species, such as the orang-utan and the Sumatran tiger and safeguard the future of smallholder farmers.