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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
CPO price dip seen as temporary, stocks to rise in November: CIMB Securities
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
Farm sector urges govt to draw up
03/11/2008 (The Nation, Business) - Concerned agricultural assoฌciations have called on the government to draw up a "national agenda" for the farm sector to shield onethird of the country's population from fluctuating prices and unpredictable factors to achieve sustainable development.
Ghee prices still high despite palm oil dip
03/11/2008 (The News, International), Lahore - It seems the federal government’s decision to fix ghee price at Rs 98 per kilogram is not being observed as low quality ghee brands are still being sold for Rs 100 and famous brands for over Rs 110 per kilogram, The News has learnt.
Oil palm expansion in Indonesian Borneo increased 400-fold from 1991-2007
30/10/2008 (Mongabay.com) - Annual forest conversion to palm oil plantations increased 400-fold from 1,163 hectares in 1991 to 461,992 hectares in 2007 in Central Kalimantan, on the island of Borneo, reports a new report published by Forest Watch Indonesia, a local NGO.
Jakarta: Indonesia Moves To Help Weakening Rupiah
29/10/2008 (Sin Chew Jit Poh), Jakarta - The Indonesian government and central bank on Tuesday (28 Oct) unveiled a series of measures to bolster foreign exchange reserves and market confidence, just as the rupiah hit a seven-year low of 11,900 against the US dollar.
Malaysia\'s measures to restore confidence
03/11/2008 (The Star Online) - Govt to focus on projects with high multiplier effects.
Biotec aims to decipher palm oil\'s genetic code
03/11/2008 (Bangkok Post) - Biotec, the national biotechnology agency, aims to unlock palm oil's genetic code within five years after making progress with blue-green algae, says researcher Somvong Tragoonrung.
Efficacy of India-Asean FTA far from clear
03/11/2008 (Business Standard) - The negotiations for a free trade agreement (FTA) between India and Asean (Association of South East Asian Nations) were concluded in August this year, but the FTA may not come into effect from January next year, as some of the Asean member countries may delay its ratification.
Palm oil import defaults: Indonesian suppliers to seek Indian Govt help
02/11/2008 (The Hindu Business Line), Mumbai - Angered by large-scale defaults committed by Indian importers including some well-known corporates and State agencies, a group of overseas suppliers of edible oil has decided to move the Indian Government for action against the alleged defaulters.
Veg oil duty hike unlikely to benefit growers and consumers
01/11/2008 (The Hindu Business Line), mumbai - The country’s edible oil trade is in a heightened state of expectation about an imminent increase in customs duty on various imported oils such as palm and soya.
