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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
Indian Palm Oil Buyers Renegotiate Contracts After Prices Slump
06/10/2008 (Bloomberg) - Palm oil importers in India, the biggest buyer of vegetable oils after China, are seeking to renegotiate contracts after prices plunged to the lowest in almost two years, a processors' group said.
Malaysia\'s Biotech Industry Expected To Grow 22 Percent Annually, Says Abdullah
06/10/2008 (Bernama), Kuala Lumpur - Malaysia's biotech industry which is currently valued at RM1.3 billion is expected to grow 22 percent annually, driven largely by the development of oil palm, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Monday.
Borneo forest people reject oil palm plantation on their land
05/10/2008 (Mongabay) - Indigenous forest dwellers in Sarawak, in the Malaysian part of Borneo, have rejected a proposal to turn 80,000 hectares (250,000 acres) of the land into an oil palm plantation, reports the Malaysian Star.
Mpohor-Wassa East Assembly assists oil palm farmers with inputs
05/10/2008 (Modern Ghana) - The Mpohor-Wassa East District Assembly had spent about GHC 165,949 to procure seedlings for supply to institutions and individual farmers to boost oil palm cultivation in the district on credit.
Natives reject plan for oil palm project
05/10/2008 (The Star), Miri - Some 900 natives from the Berawan-Tering ethnic group in interior northern Sarawak have rejected a proposal by a private land development giant to acquire 80,000ha of their native land to be turned into an oil palm plantation.
PVMA demands rationalisation of duty on cooking oil import
05/10/2008 (Daily Times), Karachi - The government should increase custom duty on imported vegetable ghee in order to discourage import and encourage more production in the country, said Pakistan Vanaspati Manufacturers Association (PVMA) Saturday.
Palm oil rebound not likely in short-term
04/10/2008 (The Financial Express) - Ballooning vegetable oil stocks and a fast-declining interest from funds in volatile commodities may hold off a recovery in palm oil prices until 2009, despite its fall to a level much lower than rival soyoil.
Heavy import defaults to hit palm oil traders hard
30/09/2008 (The Economic Times), Mumbai - Palm oil, India’s primary edible oil, which had witnessed heavy import defaults since June ‘08 because of the high price, is catching local traders and end-users on the wrong foot even as the price has eased.
Samples of hazardous palm oil sent for laboratory test
29/09/2008 (Regional Times), Karachi - Special team of health department, on the directives of Sindh Heath Minister Dr Saghir Ahmed, Sunday visited Port Qasim Authority and took the samples of hazardous palm oil for laboratory test.
