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AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
ComVal sees big potential of kalakat production from oil palm
18/03/2009 (Pia Daily News Reader), Davao City - WHILE the thriving oil palm industry in the province of Compostela Valley has greatly boosted agricultural production and income for farm owners, a by-product considered as waste has become a good source of income for farm laborers as well as their households.
Seventh Generation Buys Credits for Sustainable Palm Oil
17/03/2009 (GreenBiz.com) - You've heard of carbon credits, but carbon emissions aren't the only thing companies can offset now.
Indonesia must boost palm yields to save forests
16/03/2009 (Reuters), Jakarta - Indonesia needs to squeeze far higher yields from existing palm oil plantations rather than open up more land in a country with some of the world's swiftest deforestation, a Greenpeace official said on Monday.
Low inflation fails to reduce food prices
16/03/2009 (Business Standard) - Consumers are unlikely to get any relief from high food prices, even though the wholesale price index (WPI)-based inflation has touched a six-year low of 2.43 per cent.
Farmers left in the cold
15/03/2009 (Sun2Surf), Shah Alam - With a few strokes of the pen, the state acquired agricultural land in Banting, Selangor, from a group of farmers for mining. That was in 1982. Without a single hole being dug, the land is now in private hands and the usage of the land has been changed to housing.
Astra Agro Facing Flat Year
15/03/2009 (The Jakarta Globe) - Industry analysts are warning that the production and profit of leading crude palm oil producer PT Astra Agro Lestari Tbk will be stagnant at best this year on the back of weak demand and a glut of palm oil on the world market.
‘Green’ dams hasten rape of Borneo forests
15/03/2009 (Times Online) - THE island of Borneo, a fragile treasure house of rainforests, rare animals and plants, is under threat from plans for Chinese engineers to build 12 dams that will cut through virgin land and displace thousands of native Dayak people.
Seventh Generation Becomes First in Its Industry in North America to Purchase Sustainable Palm Kernel Oil Credits
13/03/2009 (Trading Markets) - Seventh Generation, the nation's leading brand of non-toxic, environmentally safe household solutions, announced today that it has become the first company in its industry in North America to purchase sustainable palm kernel oil certification credits to offset company wide use of the ingredient across its entire product line. By purchasing the credits, Seventh Generation is paying a premium to palm kernel oil producers that use more environmentally responsible practices to produce and harvest palm kernel oil. This credit purchase is an important first step in creating a segregated sustainable palm kernel oil supply chain used in Seventh Generation products.
Maggots turn waste to fish food
13/03/2009 (Canada.com) - Dirt-poor peasants in the tropics could be thrown an economic lifeline after a lucky discovery by French scientists that takes advantage of a useless palm oil by-product and the lowly maggot.