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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
Rethinking biofuels
23/01/2008 (Inquirer.net) - THE HOTTEST debate in town involves something vital to motorists: fuel. Sen. Miriam Defensor-Santiago, who ironically enough authored the Biofuels Act of 2007, wants to apply the brakes on its implementation, citing the recent warning of 1998 Nobel laureate for chemistry Dr. Hartmut Michel that our government’s biofuels program could endanger the country’s food security and harm the environment.
Reducing Cooking Oil Supply To Rantau Panjang To Curb Smuggling
21/01/2008 (Bernama), Kota Bharu - Supply of cooking oil to Rantau Panjang will be reduced to curb smuggling which has become rampant.
Malaysia Closely Watching Proposed EU Ban On Imports Of Biofuels
21/01/2008 (Bernama), Brussels - Malaysia, along with Indonesia, will be closely monitoring developments within the European Union (EU) regarding a draft law that proposes to ban imports of certain biofuels, sources here told Bernama.
EU Is Planning Measures To Protect Biofuels Industry
23/01/2008 (Wall Street Journal) - The European Union will move today to protect its ailing transport-biofuels industry from foreign imports with measures that would force companies to show their fuels are helping the environment more than they are hurting it, according to documents seen by The Wall Street Journal.
UN Warns of Biofuels\' Environmental Risk
23/01/2008 (Associated Press), Bangkok, Thailand — The world's rush to embrace biofuels is causing a spike in the price of corn and other crops and could worsen water shortages and force poor communities off their land, a U.N. official said Wednesday.
POIC seeks RM1b yearly till 2025
23/01/2008 (Daily Express, East Malaysia), Kota Kinabalu - Sabah is seeking RM1 billion from the Federal Government for continued development of the Palm Oil Industrial Cluster (POIC) in Lahad Datu over the next 18 years as part of the Sabah Development Corridor programme.
India\'s Vegetable Oil Imports This Year May Rise 5%, Group Says
22/01/2008 (Bloomberg) - India, the world's second-biggest buyer of vegetable oils, may import 5 percent more of the commodity to boost supplies as domestic oilseed production falls, a trade body said.
Pact with Asean next year
23/01/2008 (The Telegraph), New Delhi - India today expressed confidence that a free trade agreement (FTA) with the 10-member Asean would become operational by January 2009.
ASEAN softens approach to strike FTA with India
22/01/2008 (The Economic Times), New Delhi - After a series of compromises made by India to remove the hitches blocking the India-Asean free trade agreement (FTA), Asean too seems to be doing its bit in the last leg of the negotiations. In its fresh proposals on duty cuts for the five crucial agricultural products holding up the agreement, it has gone down considerably from its earlier demands.