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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
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
CPO local market obligation unlikely
15/8/07 (The Jakarta Post, Jakarta) - Despite the high price of cooking oil, the government has no plans to apply a domestic market obligation (DMO) to crude palm oil producers -- which would force them to set aside part of their output for the domestic market -- to help stabilize the price, a minister said Tuesday.
Lahad Datu can be Sabah\'s largest city
16/8/07 (Daily Express Sabah) - Lahad Datu: Moves are underway to elevate Lahad Datu, which has the potential of becoming the biggest city in Sabah within 20 to 25 years, to municipality.
Palm oil - Fruits of labour
13/8/07 (The Edge News) - Kuwait Finance House Research said agriculture has been an important sector of the Malaysian economy, providing the impetus for economic growth in the past few decades and contributing to higher rural incomes.
China says collusion by noodle makers partly to blame for inflation surge
17/8/07 (AP) BEIJING - The government slammed Chinese instant noodle makers Friday as being partly to blame for a surge in inflation, saying they illegally colluded to boost prices by up to 40 percent in a scheme that prompted a public outcry.
Indonesia sees slower palm oil expansion from 2010
5/8/07 (Reuters) - MEDAN, Indonesia: Indonesia expects palm oil output to grow sharply in the next two years but stricter forest protection may then slow expansion, a senior industry official said.
Edible oil prices dampen Ramazan demand
7/8/07 (The News) KUALA LUMPUR: Asia's vegetable oil demand for the festival season has been dampened by surging prices and a seasonal upswing in production from Southeast Asia could result in swelling stockpiles.
Guang Eng's Claims On Palm Oil Cess Unfounded, Says Chin
6/8/07 MIRI, (Bernama) -- Plantation Industry and Commodities Minister Datuk Peter Chin Fah Kui today dismissed an allegation by DAP secretary-general Lim Guan Eng that the government was having an extra RM1.4 billion collected from oil palm planters as cess under the Cooking Oil Stabilisation Scheme (COSS).
5/8/07 (Daily Times, Pakistan) - MEDAN, Indonesia: Indonesia expects palm oil output to grow sharply in the next two years but stricter forest protection may then slow expansion, a senior industry official said.
Tenaga lifts purchase price of electricity from biomass waste
7/8/07 (Business Times) - TO encourage the private sector to generate energy from biomass resources, Tenaga Nasional Bhd (TNB) has increased the purchase price of electricity produced from palm oil biomass waste to 21 sen per kilowatt hour fromincreasing price, better REPPA and more money from CDM, renewable energy will become a viable project," he said.
