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AI boom is turning Malaysia’s palm oil estates into data centres
Malaysia lowers December crude palm oil reference price, maintains duty at 10%
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
\'Be firm with palm oil companies\'
27/03/2008 (The Star Online), Miri - Local council authorities in Sarawak have been directed to be very firm and uncompromising when collecting levies from oil-palm plantation companies.
Tariff changes won\'t cure agriculture inflation
28/03/2008 (Business Spectator, Australia) - Increasing market intervention by national governments through changes in import and export tariffs, presumably to rein in prices, will at best distort trade in agricultural commodities and won\'t be an effective weapon against inflation, industry participants said Thursday.
Global palm oil gains 9% on Customs duty cut
26/03/2008 (The Hindu Business Line), Chennai - Crude palm oil had peaked to $1,486 a tonne on the Malaysia Derivatives Exchange on March 4. By March 19, it had shed 25 per cent of the gains to slip to $1,064.20. Then, on March 20, the Centre announced a cut in Customs duty on all crude and refined cooking oils, except soyabean oil, as part of its effort to rein in inflation.
Malaysian oil palm growers say levy on CPO hurting margins - report
26/08/2008 (Forbes), Kuala Lumpur - Malaysia's oil palm industry is urging the government to abolish the scheme that requires industry players to subsidize the price of cooking oil, which has put a dent in their margins, the New Straits Times reported Thursday.
Higher special cess to subsidise cooking oil
27/03/2008 (The Star Online), Kuala Lumpur - Local oil palm plantation owners with over 40ha of estates are expected to pay higher special cess this year to help subsidise the Government's cooking oil stabilisation scheme (COSS) introduced in May 2007.
End price control on cooking oil, say planters
27/03/2008 (NST Online), Kuala Lumpur - Palm oil producers want the price control on cooking oil to be abolished.
Work starts on palm tree cultivation in Balochistan
27/03/2008 (The News- International, Pakistan), Karachi - Pakistan Oilseed Development Board (PODB) has started work on a big pilot project to cultivate palm trees in Balochistan to see if Pakistan’s reliance on imported edible oil could be reduced.
Sri Lankan vegetable oil exporters warn of impending closure
26/03/2008 (Lanka Business Online (LBO)) – Sri Lanka based makers of vanaspati ghee or hydrogenated vegetable oil who exported to India under a free trade deal said they faced closure after India slashed duty on imported vegetable oils.
Edible oil duty cut: ‘No gain to consumer’
25/03/2008 (The Hindu Business Line), Ahmedabad - Edible oil companies, which have started reducing prices to between Rs 2-6 a kg recently following import duty reduction announced by the Government last week, feel that the ordinary consumer can benefit only when duty is reduced on soya oil as well.