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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%
Malaysian palm oil futures fall under fundamental pressure, amplifying the impact on other oil prices
CPO Futures Snap Two-Day Gains To Close Lower
A Bright Future For Oil Palm Based Biofuel In Euro
KUALA LUMPUR, May 17 (Bernama) -- There is a bright future for Malaysia'soil palm biofuel in Europe against the rising world oil price, said theParliamentary Secretary for the Ministry of Plantation Industries andCommodities, Ng Lip Yong.
Better Understanding Will Facilitate Bilateral Rel
KUALA LUMPUR, May 16 (Bernama) -- Bilateral relations between Malaysia andOman will be facilitated by a better understanding of the economicscenario in both countries and opportunities each has to offer,International Trade and Industry Deputy Minister Datuk Ahmad HusniHanadzlah said.
Edible oil imports rise 21 per cent
Mumbai , May 17 - THE country's import of edible oils for the November2004 - April 2005 period was higher by 21 per cent at 21,95,770 tonnes,compared to 18,15,630 tonnes during the same period the previous year,according to data compiled by the Solvent Extractors' Association ofIndia.
Ghana capable of meeting domestic needs of palm oi
Inchaban (W/R), May 17, GNA - Mr Ishmael Yamson, Board Chairman of theBenso Oil Palm Plantation (BOPP), said on Tuesday that Ghana does not needto import palm oil to meet its domestic needs. He said the country couldmeet its internal needs of the commodity if special attention is paid tothe President's Special Initiative (PSI) on oil palm.
Indonesia's Mmil to Build Cpo Factory in Bengkulu
JAKARTA, May 17 Asia Pulse - PT Muko Muko Indah Lestari (MMIL) said itwill build a crude palm oil (CPO) factory and an oil palm plantation inthe district of Muko Muko, Bengkulu.An executive of the regional office of the Capital Investment CoordinatingBoard Suparman said the company has set aside Rp87.3 billion (US$9million) for the project.
Indonesian Govt Targets Cpo Plant Owners Without P
JAKARTA, May 16 Asia Pulse - The agriculture ministry of Indonesia has seta deadline for all crude palm oil factories to have oil palm plantationsin three years, or they will be punished with fines or face criminalcharges.Provincial administrations have been asked to outline CPO processingcompanies that don't own plantations, Plantation Production DirectorGeneral Subagyono said last weekend.
IOI Corp’s third quarter earnings rise 17% to RM17
Tuesday May 17, 2005 - PLANTATION and property development group IOI CorpBhd reported a 17% growth in net profit to RM175.2mil for its thirdquarter ended March 31, in spite of a seasonally low period for palm oiloutput.
M'sian Firm To Team Up With German Scientist In Bi
FRANKFURT, May 16 (Bernama) -- A Malaysian resource-based company,FybOrganic Technologies Sdn Bhd, plans to team up with a German scientistin a biotechnology venture to produce biofertilisers and animal feed fromdiscarded oil palm trunks (OPTs).
Syndicate Selling Kanowit Native Oil Palm Land
KANOWIT, May 16 (Bernama) -- Unsuspecting landowners participating in theKanowit Native Customary Right (NCR) oil palm plantation are being"robbed" of their land by a syndicate that sells it to equallyunsuspecting buyers, according to Assistant Land Development MinisterDatuk Gramong Juna.
