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MARKET DEVELOPMENT
17-11-2008

Peru To Lure Investments Worth US$6 Bln From Asia-Pacific Economies

16/11/2008 (Bernama), Kuala Lumpur - Peru expects to lure investments worth US$6 billion from Asia-Pacific economies despite tough global economic conditions after it hosts the region's biggest gathering of leaders, ministers and top-ranking businessmen this week at its capital in Lima.

MARKET DEVELOPMENT
17-11-2008

KCCI asks Malaysian investors to set up palm oil refineries

16/11/2008 (The News, International), Karachi - Vice President of Karachi Chamber of Commerce and Industry (KCCI), Muhammad Ali advised that Malaysian investors may invest in Pakistan in food processing, agriculture, dairy farming, textile, health, construction & mining sectors.

MARKET DEVELOPMENT
17-11-2008

Have a break, have a Kit Kat â€“ and wreck rainforests

16/11/2008 (Times Online, UK) - Household brands including Kit Kat, Flora and Dove soaps have been linked to the mass destruction of Asian rainforests for palm oil plantations.

MARKET DEVELOPMENT
17-11-2008

Univanich confirms Indonesian venture

15/11/2008 (Bangkok Post) - SET-listed Univanich Palm Oil Plc (UVAN), the country's largest producer of palm oil, will go ahead with a joint venture with an Indonesian partner to develop palm seeds in Indonesia.

MARKET DEVELOPMENT
17-11-2008

Edible oil imports jump 19% on lower global price

15/11/2008 (Economic Times), Mumbai - With a 19% jump in India's edible oil imports in 2007-08, the industry feels that the government should impose import duty as the prices of edible oil are down by over 35% in the past two months in the domestic market. A further fall will affect the farmers and industry as well, they added.

MARKET DEVELOPMENT
17-11-2008

First batch of certified palm oil en route to Europe

14/11/2008 (ICTSD) - The first shipment of â€˜sustainableâ€™ palm oil left Malaysia for the Netherlands this week, but some conservationists argue that the system used to certify the oil is not strong enough to prevent environmental damage.

MARKET DEVELOPMENT
17-11-2008

A Scenario to Cope With Palm Oil Crisis

14/11/2007 (TEMPO Interactive), Palembang - The South Sumatra administration has prepared three scenarios to rescue palm oil and rubber farmers devastated by the impact of the global economic crisis.

MARKET DEVELOPMENT
14-11-2008

Palm oil may average 32% lower in 2009 on oversupply, CLSA says

14/11/2008 (The Edge Daily), Kuala Lumpur - The price of palm oil may average 32% lower next year, partly because of oversupply and fading demand for biofuels, CLSA Asia-Pacific Markets said.

MARKET DEVELOPMENT
14-11-2008

First batch of \"sustainable\" palm oil on way to UK

14/11/2008 (Business Green) - The first shipment of palm oil certified as environmentally sustainable by the Roundtable on Sustainable Palm Oil (RSPO) is on its way from the rainforests of Malaysia to the UK this week, where it will eventually end up on the shelves of Sainsbury's supermarkets.

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