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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 strength could dissipate through end-2024, says BMI
MPOC Expects CPO Price To Hold Steady At RM4000 In October
Investor interest turns to Hovid
12/10/05 (The Star) - THE shares of parent company Hovid caught theinterest of investors yesterday, after having lagged the 90% surge in theshare price of its subsidiary, Carotech.
MALAYSIA PRESS: Golden Hope Gets Biofuel Project C
9/10/05 KUALA LUMPUR (Dow Jones)--Malaysia's Golden Hope Plantations Bhd.has won a government contract to build one of the country's three biofuelplants, the daily New Straits Times reports. Contracts for the threeplants are worth a total MYR120 million.
Malaysia to increase bio-fuel use
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Malaysia To Require Use Of Biodiesel
10/10/2005 (Financial Times UK) - Malaysia may become the first Asiancountry to require the replacement of diesel fuel with biofuel forvehicles and machinery, in an effort to cut costly fuel subsidies andboost the local palm oil industry.
No buyers for Indonesian palm oil amid uncertainty
12/10/05 JAKARTA (AFP): Stockpiles of Indonesian crude palm oil (CPO) arebuilding up with buyers holding back purchases pending a new directive onexport tariffs, an industry executive said Wednesday.
No Evidence Of Threat To Wildlife Caused By Oil Pa
12/10/05 KUALA LUMPUR, (Bernama) -- There is no evidence of a threat towildlife caused by oil palm plantations, three palm oil-basedorganisations reiterated, Wednesday.
Palm oil industry said destroying indigenous land
12/10/05 (Sabah Daily Express) - Kuala Lumpur: Malaysia's lucrativepalm oil industry and unabated logging are destroying native lands ineastern Sarawak state, while indigenous people are left in extremepoverty, an environment group said Tuesday.
Palm oil plantation gets support from Malaysia
11/10/05 (Mindanao News) - THE Mindanao Economic Development Council(MEDCO) has started consultations with local chief executives on theMalaysian-backed development of palm oil areas in Mindanao.
Golden Hope chief exec on factors driving the rall
7/10/ 2005 (The Star) - PALM oil prices are rallying and so are shareprices of plantation companies on Bursa Malaysia. With IOI Corp Bhdhitting its all-time high and Golden Hope Plantations Bhd at a multi-yearhigh, optimism surrounding plantation stocks is at a near fever pitch. Aglobal push towards biodiesel is a key factor in the increase in crudepalm oil prices, which has a favourable impact on plantation stocks onBursa Malaysia. STARBIZ asked Golden Hope chief executive Datuk SabriAhmad to shed some light on what is happening in the plantation sector andits outlook.