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News 24411 to News 24420 of about 26279 news within page 2442
24411. 21/09/2004
   
GENERAL SANTOS CITY, Sept 20 Asia Pulse - The Sarangani governor said theyare expecting the visit next month of investors from neighboring Sabah ledby the Malaysian industry minister.
24412. 21/09/2004
   
20/09/04 BANGKOK (Dow Jones)--The Thai government is working on ways tostop palm oil smuggling from Malaysia and to help Thai farmers who havebeen hurt by the smuggling, Commerce Minister Watana Muangsook said lateMonday.A government's committee will propose measures at a meeting scheduledin the next two weeks, he said.Crude palm oil smuggled from neighboring Malaysia is considerablycheaper than domestic supplies, encouraging local users to engage insmuggling, the minister said.Smuggled crude palm oil is priced around 18-19 baht ($1=THB41.280) akilogram, plus a transportation cost of around THB2/kg, while domesticcrude palm oil prices in the Thai market are THB27-THB28/kg, he said.Watana said he couldn't say how much crude palm oil is being smuggled.The smuggling of crude palm oil has been weighing on local prices forpalm fruit, which are currently around THB3.60-THB4.10/kg, down fromaround THB4.10-THB4.25/kg earlier in the month, he said.
24413. 20/09/2004
   
NEW DELHI (Dow Jones)--India's edible oil prices closed lower in theweek to Friday, following the government's cut in tariff values forimported edible oil.Tariff values are fixed prices which are used to calculate the importduty on edible oils. Tariff values are changed whenever internationalprices hover 10% above or below the tariff value.But while international palm oil and soyoil prices had fallen by morethan 10% in the past three to four months, the government continued to putoff cutting the tariff values.However, as the country's inflation started rising sharply over thepast several weeks, the federal Cabinet met Wednesday night, after whichFinance Minister P Chidambaram announced the cut in tariff values.The value for crude palm oil was cut to $454 a metric ton from$504/ton, RBD palm oil to $489/ton from $543/ton, palm oil to $471/tonfrom $523/ton, crude palm olein to $479/ton from $532/ton, RBD palm oleinto $497/ton from $552/ton, palm olein to $488/ton from $542/ton and crudesoyoil to $565/ton from $628/ton."The market expectedly reacted sharply to the cut in tariff values andfell sharply from Wednesday to Friday," said a trader in Delhi.The government also said Friday the tariff value cut has been able tocheck the rise in prices of edible oil.Traders said another impact of the cut in tariff values would beincreasing edible oil supplies in the country.Until Wednesday, a number of traders who imported edible oils had kepttheir stocks in the ports, anticipating a cut in tariff values, whichwould lower their import duty burden."Around 500,000 tons of edible oil stock will now pour in from marketsto the consuming centers," said a trader in Ahmedabad.Traders said while the increased supply and lower tariff values shouldlogically lead to a fall in prices for the next few weeks, increaseddemand for edible oils in the current festival season may cushion oilprices fromfalling too low.India's Hindu festival season began this month and will extend toNovember. Since all Hindu festivals are accompanied by community andfamily feasts, it increases the consumption of oils.Traders added that another area of concern for the market is the likelysize of the summer-sown oilseeds harvest.Scanty rains in July and low rains so far in September are thought tohave damaged the oilseeds crop, though the extent of damage is unknown sofar.Traders say if industry and government estimates predict a loweroilseeds harvest, it may lead to a rise in prices. India's AgricultureMinistry will present its initial estimates of the oilseeds harvestSaturday evening.India's oilseeds crop was sown from June to early September and will beharvested in October and November.Friday, refined palm oil was at 40,500 rupees ($1=INR45.90) comparedwith INR43,500/ton last week. Soyoil was at INR42,500/ton compared withINR44,200/ton.
24414. 20/09/2004
   
BAGAN SERAI, Sept 18 (Bernama) -- By 2010, 40 percent of Malaysia's meatproduction is expected to come from integrated rearing, 30 percent fromfeedlots and the balance by traditional methods.Agriculture and Agro-based Industry Minister Tan Sri Muhyiddin Yassinsaid the integrated rearing system was expected to cover one millionhectares of oil palm and rubber estates nationwide and involve 256,000cattle.It was expected to produce 14,200 tonnes of meat annually, he saidafter launching the Veterinary Services Department's Rapid Diagnostic TestKit at Bukit Merah Laketown, here, today.He said the system, introduced in Felda, Felcra and Risda estates aswell as estates belonging to Permodalan Nasional Berhad, was found to besuccessful but had yet to be expanded."Integrated rearing will not only help provide additional earning, butmore importantly, when palm oil and rubber prices fall to their lowestlevel, income from animal rearing can help the farmers," he said.Muhyiddin said the rearing industry had big potential as, currently,Malaysia had to import a huge amount of meat and mutton to fulfill localneeds unlike in the chicken sector where local production was able to meetdemand.However, several factors such as the high cost of animal feeds hadaffected efforts to expand the breeding industry, he said.He said the Cabinet had directed the ministry to find ways to reduceimports of animal feeds which was worth almost RM1.8 billion."At present, a large portion of animal feeds is imported and they aremostly corn for chickens. We are trying to find substitutes for theimports," he added.-- BERNAMA
24415. 20/09/2004
   
KUALA LUMPUR 15 Sept. - Hasrat Golden Hope Plantation Bhd. (Golden Hope)menjadi syarikat perladangan terbesar di Malaysia berdasarkan keluasanhektar semakin menjadi kenyataan apabila para pemegang saham minoritibersetuju mengenai cadangan rasionalisasi dengan Island & Peninsular(I&P).
24416. 20/09/2004
   
9/17/2004 NewsRxDiabetes - (NewsRx.com & NewsRx.net) -- Vitamin Eprotects against inhibition of insulin signaling by oxidized low-densitylipoprotein (LDL).
24417. 20/09/2004
   
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24418. 20/09/2004
   
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24419. 20/09/2004
   
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24420. 20/09/2004
   
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ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7803 5544 || Fax : 603 - 7803 3533