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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
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
Pump makers eye big share in palm oil sector
22/07/2008 (The Star Online), Ipoh - Chun Khong Engineering Trade Sdn Bhd has formed a partnership with the KSB group to clinch about 60% market share for pumps in the global palm oil industry.
Positive outlook still for planters
22/07/2008 (The Star Online), Petaling Jaya - Analysts remain positive on plantation stocks despite the heavy sell-off over the last one week due to a slide in palm oil futures prices.
First American Scientific Corp (FASC - OTCBB) awarded 5 year income tax exemption to manufacture KDS Systems by the Ministry of International Trade & Industry in Malaysia
21/07/2008 (Market Watch), Kuala Lumpur - Mr. Neo Tek Siong, President of FASC Malaysia Sdn Bhd and Brian Nichols, President of First American Scientific Corp ( FASC.OB ) are pleased to jointly announce that the Ministry of International Trade And Industry for Malaysia has approved the Company's application for Pioneer Status and granted an income tax exemption for five years on profits earned from "the manufacture of KDS Micronex Systems, Modules and parts thereof" in Malaysia.
IOI Declines, Leading Palm Oil Stocks Lower on Prices (Update2)
21/07/2008 (Bloomberg) - IOI Corp. fell for a sixth day to its lowest in more than ten months in Malaysian trading, pacing a slump by the nation's palm oil producers amid concern that demand for biofuels may decline after crude oil dropped.
For the sake of palm oil...
19/07/2008 (Daily Express News) - WHAT you are looking at is an intricate web of roots weaved by mother nature over untold number of years and which man can never hope to imitate.
FAO: Better Harvests Might Ease Food Crisis
18/07/2008 (VOA News) - United Nations officials say there may soon be some relief from the global food crisis.
IOI, Wilmar Lead Palm Oil Stocks Lower on Rating Cuts
18/07/2008 (Bloomberg) - Palm oil stocks including Wilmar International Ltd., the world's biggest trader of the commodity, and IOI Corp. fell after CIMB Investment Bank Bhd. cut its ratings on the industry amid concern costs may increase, hurting profits.
Orangutans persist in islands amid a sea of oil palm plantations
17/06/2008 (Mongabay.com) - Orangutan are surviving in forest islands in a sea of oil palm plantations in Malaysia, reports a new survey by a government-backed conservation initiative. The finding underscores the need to protect critical forest areas for the endangered primates as forest continues to fall in southeast Asia at a rate that is the highest of any of the world's tropical forest regions.
New Britain Palm Oil hikes Ramu offer again; says offer free from all conditions
17/07/2008 (Forbes), London - New Britain Palm Oil Ltd. (NBPO) said it has again raised its cash offer for Ramu Agri-Industries Ltd., adding that the offer has been declared free from all conditions and the offer period extended to Aug. 30.