|
AI boom is turning Malaysia’s palm oil estates into data centres
CPO prices to stay elevated on firm demand and tight supply
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Falling cooking oil prices ease govt\'s subsidy burden
19/02/2009 (Associated Press of Pakistan), New Delhi - A declining trend in global prices of edible oils has taken the subsidy burden off the government, which has slashed the budget allocation on the same by 63 per cent for the next fiscal.
Malaysia to train Pakistani experts on palm oil refinery
19/02/2009 (Associated Press of Pakistan), Islamabad - Malaysia will send technical experts to Pakistan in May to train the engineers on refining crude palm oil. The decision was taken after Pakistan Edible Oil Refiners Association and Malaysian Palm Oil Board signed an agreement in Karachi to share the technical know-how in refinery industry.
Malaysia embarks on world\'s first intelligent plantations
18/02/2009 (It World) - Computerworld Malaysia — Malaysian applied research agency MIMOS and Felda Agricultural Services (FAS) have inked a deal to develop the world's first "intelligent plantations."
Go-ahead for £18m palm oil plant in Mersey docklands
16/02/2009 (LDP Business) - A PALM oil processing facility will be built in the Mersey docklands in a scheme worth £18m.
Activists denounce plan to allow palm oil firms in peatlands
16/02/2009 (The Jakarta Post) - Environmental activists have mounted a challenge against the government’s plan to allow palm oil companies to set up plantations in the country’s remaining peatlands.
BAAC to help rubber, oil palm farmers
15/02/2009 (Bangkok Post) - The Bank for Agriculture and Agricultural Cooperatives (BAAC) planned to allocate a budget of 12 billion baht to help lift the sinking prices of para rubber and oil palm prices, BAAC senior executive vice president Ennoo Suesuwan said on Sunday.
Whole Foods bans unsustainable palm oil from its products
24/02/2009 (Mongabay.com) - Whole Foods pledges to use only sources of palm oil that have been independently verified and certified to meet environmental and social sustainability criteria in its private label brand products by 2012.
Heavy veg oil imports force distress sale
13/02/2009 (The Economic Times, India), Mumbai - MUMBAI: A glut of edible oil following heavy imports is forcing traders to sell their stock at a loss. Following this, fresh imports have already slowed down according to the trade and industry people.
Edible oil companies keen to buy plantations overseas
13/02/2009 (Business Standard, India) - The domestic edible oil industry is looking to acquire palm plantations in Malaysia/Indonesia since prices of such plantations have crashed by 50-60 per cent in the past 5-6 months following a fall in palm oil prices.
