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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
Indonesia Could Be Paid for Conserving Orangutan Forests
30/09/2011 (ENS) - Conserving key Indonesian rainforests inhabited by orangutans could generate revenues three times greater than clearcutting them for palm oil plantations, finds a new report requested by the Indonesian government from the UN Environment Programme, under its Great Apes Survival Partnership, GRASP.
Govt Loses Rp169.797 trillion in Forestry Sector
30/09/2011 (Tempo Interactive) - The government has been urged to review state revenue from the forestry sector. Based on current calculations, from 2004 to 2010 the government has reportedly lost Rp169.797 trillion in unpaid taxes and illegal activity.
Indonesia Crude Palm Oil Export to Fall, Downstream Boost
30/09/2011 (Reuters) - Indonesian crude palm oil exports may shrink due to the slowing global economy which could become worse than the 2008 downturn, but downstream industries and domestic demand for biofuels could benefit, the Indonesian Agriculture Minister said on Thursday.
Philippines To Bolster Palm Oil Industry
30/09/2011 (Fresh Fruit Portal) - The global palm oil industry is big business and its dominated by Indonesia and Malaysia, but now their regional neighbor the Philippines plans to step up its game with the widely-used food, cosmetics and vitamins industry product. The move comes at a time when the global laders in production are aiming to contain expansion due to sustainability concerns over deforestation.
Conservation Offers Better Rewards Than Plantations: UNEP
30/09/2011 (Jakarta Post) - United Nations Environmental Program (UNEP) report says conserving rainforests in Indonesia can generate three times more revenue than clearing them for palm oil plantations.
Thailand Needs Commitment to Develop Biofuels, Says CP
30/09/2011 (Bangkok Post) - Thailand has huge potential for energy production from crops but it needs good management and research and development, say energy analysts.
Malaysia Has Ways To Reduce High Stockpile of Palm Oil
29/09/2011 (The Star) - At a recent Globoil Conference in Mumbai, renowned palm oil expert Dorab Mistry highlighted an interesting point that a further drop in palm oil prices may help to cool off the high world food prices.
Govt Rule Change a Boon for Palm Oil Producers: Credit Suisse
29/09/2011 (Jakarta Globe) - A new ministerial ruling that expands the land available for planting has made Indonesian crude palm oil producers an attractive proposition for investors, analysts at Credit Suisse Group say.
Discourse: Indonesia May Use Norwegian Funds for Oil Palm Plantation
29/09/2011 (Jakarta Post) - Indonesia has signed a Letter of Intent (LoI) to seal US$1 billion fund assistance from Norway to conserve its rain forests under REDD+ projects. In spite of many delays, the government has completed some preconditions for the fund disbursement. The Jakarta Post’s Adisti Sukma Sawitri talked to Norway’s Minister of the Environment and International Development, Erik Solheim, on the progress over the past year.
