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Budget 2025 adjustments in export tax seen helping palm oil refining industry be more competitive
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price forecast to climb for rest of the year
CPO price strength could dissipate through end-2024, says BMI
Flood boon to CPO
22/1/07 (The Star) - FOREIGN brokerages expect the flood situation in Johor to give a short-term boost in the price of crude palm oil (CPO).
Cutting trans fats confounds chains
21/1/07 ( Pioneer Press) ATLANTA - Unhappy customers started calling soon after McDonald's announced plans in 2002 to reduce trans fats in french fries.
EU bio-fuel demand threatens Indonesian forests
18/1/07 JAKARTA (AFP) - Growing European Union demand for bio-fuel could threaten Indonesia's last remaining forests as the government approves new palm oil plantations, environmental group Greenpeace warned.
Malaysian firm launches IPO for first-ever oil palm plantation
15/1/07 (AP) KUALA LUMPUR, Malaysia - Boustead Properties on Monday launched a 229.7 million ringgit (US$64.5 million, Ã?54 million) initial public offer of Malaysia's first-ever oil palm plantation real estate investment trust.
500 from 7 Nabawan kampungs claim losing titled lands
17/1/07 (Daily Express News) NABAWAN - Some 500 residents representing seven kampungs have voiced their objections against the acquisition of their land - including their school, cemetery, kampungs and titled lands - by a private company for oil palm and rubber cultivation.
Malaysian plantation mega-merger hits snag
16/1/07 KUALA LUMPUR (AFP) - A 9.0 billion dollar merger of three Malaysian plantation companies to create the world's largest listed palm oil firm has hit a snag, with their majority shareholder getting cold feet, a report has said.
PM: Plantations merger deal to go on
17/1/07 (The Star) - PUTRAJAYA: Malaysia will go ahead with plans to merge three plantations firms to create the world's largest listed oil palm planter, Prime Minister Datuk Seri Abdullah Ahmad Badawi said.
India mulls concessions for Asean free trade pact
17/1/07 (rediff.com) - India is considering making concessions on the five-year "standstill" period for duty cuts on crude and refined palm oil, pepper and black tea imports in its proposed free trade agreement with the Association of South East Asian Nations, according to a senior commerce ministry official.
Japan's Kanematsu eyes Indonesia biofuel sector
JAKARTA, Jan 18 (Reuters) - Japan's Kanematsu Corp. is considering building a biofuel plant using cassava as a feedstock in Indonesia, the industry minister said on Thursday. The bioethanol plant will have the capacity to produce 100,000 litre bioethanol per day, Fahmi Idris told reporters.
