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A delicate balance for biodiesel mandate
Malaysia plans phased expansion of biodiesel programme, minister says
CPO Futures Close Slightly Higher, Tracking Gains In Soybean Oil Prices
Malaysia's palm oil stocks seen to drop further to 2.24mil tonnes in April
Exports To Feel Impact of Global Uncertainties
04/08/2011 (Business Standard) - The growth of Malaysian exports in June is expected to be soft mainly because it did well last year, said economists.
Presco of Nigeria Heads For Two-Week High After Profit Report
04/08/2011 (Bloomberg) - Presco Plc (PRESCO), a Nigerian palm-oil producer, headed for a two-week high after Renaissance Capital said the company’s first-half profit more than doubled.
Expert Cautions People Wanting To Look Young, Beautiful
04/08/2011 (Nigeria Tribune) - Giving the continuous proliferation of cosmetic products in the Nigerian market, an industrial chemist, Professor Rotimi Oderinde has cautioned people to be mindful of what they apply to their skin, all in a bid to look young and beautiful.
TCB Blacklists 20 Default Suppliers
04/08/2011 (Financial Express) - The Trading Corporation of Bangladesh (TCB) has blacklisted 20 suppliers for failing to deliver the agreed essential commodities before the holy month of Ramadan, a top policymaker said Wednesday.
Unilever May Report Fastest Sales Growth Under Polman’s Tenure
04/08/2011 (Bloomberg) - Unilever may report the fastest quarterly sales growth since Chief Executive Officer Paul Polman took the helm two years ago as the company raises prices to combat soaring raw material costs.
Bankers Committee Identifies Six Areas To Improve Agriculture
04/08/2011 (Vanguard) - The Bankers Committee has identified six areas to improve the agricultural sector through the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL). Mr. Ladi Balogun, Managing Director, First City Monument Bank, made this known while addressing newsmen after the Bankers Committee meeting held in Abuja on Tuesday.
Analysis: Maintaining BI Rate Based on Lower Inflation Rate
04/08/2011 (Jakarta Post) - Indonesia’s inflation rate in July surprised us and the market, coming in as it did at 0.67 percent month-on-month (m-m), which was below our estimate of 1.04% m-m and consensus forecast of 0.85 percent m-m. While July’s consumer price index (CPI) is at a six-month high, it fell from June’s level of 5.54 percent year-on-year (y-y) to 4.61 percent y-y (14-month low), partly due to a higher base.
IFC Releases Full Sustainability Framework
04/08/2011 (Bank Information Center) - The IFC's policy updates, approved by the board in May and coming into effect on the first of the upcoming year, have now been released to the public. BIC and partners will be writing an analysis of the gains and gaps in the new policies soon, but we congratulate the IFC on strengthening these vital policies.
Palm Oil Declines on Concern for U.S. Economy Growth Outlook
03/08/2011 (Bloomberg) - Palm oil fell, following the steepest gain in two weeks yesterday, on concern that the U.S. economy is slowing even as lawmakers agreed to raise its debt ceiling.
