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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
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
Malaysia\'s exports grow 2.7 pct in 2007, expects upward trend to continue
12/02/2008 (Forbes), Kuala Lumpur - Malaysia said on Tuesday it expects exports to continue to trend upward this year after growing by 2.7 percent in 2007, helped by strong demand in Asia.
Edible oil gains as demand rise
13/02/2008 (The Economic Times), New Delhi - The heated food versus fuel debate may soon see end of Round One. Right now, soya oil and palm oil are both firmly food. Whether a crop is used for filling stomachs or fuel tanks depends on who is able to pay more. From the look of things, when it comes to fats, people are winning over cars.
BlueScope invests $113m to lift output
13/02/2008 (The Jakarta Post), Jakarta - Australian steel producer PT BlueScope Steel Indonesia is investing $113 million to expand its plant in response to rising local demand for steel.
Palm oil record in sight
12/02/2008 (The News - International, Pakistan), Kuala Lumpur - Malaysian crude palm oil futures edged up 0.8 per cent on Monday, recovering from sharp declines earlier as investors covered shorts after rival soyoil markets swung into positive territory in Asian trade.
Indonesians being tricked out of rainforest land
11/02/2008 (The Telegraph, UK) - Native peoples who depend on the rainforest for survival are being tricked out of their land by corrupt officials so they can grow lucrative biofuel crops, according to environmental groups.
Biofuel demand leading to human rights abuses, report claims
11/02/2008 (Guardian Unlimited, UK) - EU politicians should reject targets for expanding the use of biofuels because the demand for palm oil is leading to human rights abuses in Indonesia, a coalition of international environmental groups claimed today.
Biofuels Harming Indonesia\'s People, Contributing To Environmental Damage
11/02/2008 (AHN), London - Biofuels were once viewed as the renewable solution to satisfying the seemingly unlimited, growing global appetite for fuel. But a new report on biofuels by Friends of the Earth Sawit Watch and LifeMosaic points out some of the global downsides of biofuels in detailing how it is hurting Indonesia's communities and people.
Biofuel emissions could be more environmentally harmful than petrol
11/02/2008 (Smart Company, Australia) - Fuels made from sustainable organic sources such as palm oil could create more greenhouse gas emissions than fossil fuels, according to a new studies reported by New Scientist.
Utility stores facing ghee and cooking oil shortages
12/02/2008 (Daily Times, Pakistan), Karachi - An overwhelming majority of utility stores in Karachi is currently facing acute shortage of ghee and cooking oil.