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News 28131 to News 28140 of about 28249 news within page 2814
28131. 19/06/2001
   
Higher Cargo Handling Capacity By Johor Ports
28132. 19/06/2001
   
KUALA LUMPUR, June 15 (Bernama) -- Malaysia's crude palm oil (CPO) outputrose 6.87 percent to 985,063 tonnes in May this year from 921,709 tonnesin April, the Malaysian Palm Oil Board (MPOB) said here Friday.Out of this, Peninsular Malaysia's production accounted for 630,575tonnes, up 6.47 percent from 592,247 tonnes in April, it said in astatement here today.
28133. 19/06/2001
   
Malaysia cuts supply by burning palm oil as fuelKUALA LUMPUR, June 13, Agence France Presse (AFP) - Malaysia has managedto cut palm oil stocks by 400,000 tonnes to 1.1 million tonnes after itstarted to burn the commodity to generate electricity from late April, areport said Wednesday.The move to use crude palm oil at power plants belonging to state-ownedTenaga Nasional has lifted the current depressed market, said AbdullahTahir, secretary-general of the primary industries ministry."We hope the project will succeed in reducing the national stock to onemillion tonnes by end of the year," Abdullah was quoted as saying by theBusiness Times newspaper.Abdullah dismissed reports of power generators being damaged by burningthe oil, saying that the initiative has been proven to be technicallyfeasible by both Tenaga and the Malaysian Palm Oil Board.The newspaper said the program was limited because 80 percent of Tenaga'spower generators are currently gas-fired.Crude palm oil must be blended with either diesel or medium fuel oil forburning at power stations. Tenaga's power plant in the northern state ofPenang is the only one still powered by medium fuel oil.Malaysia, the world's largest palm oil producer, has watched with dismayas the price plunged from a high of 2,377 ringgit (626 dollars) a tonne in1998 to around 800 ringgit currently.The government has also begun a replanting project as part of efforts toreduce stocks and lift sagging prices.
28134. 19/06/2001
   
KUALA NERANG, June 15 (Bernama) -- A cabinet level committee meeting wouldbe held next Tuesday to formulate appropriate guidelines towardsstandardising funds that provide various aids for rubber and oil palmsmallholders, said Rural Development Minister, Datuk Azmi Khalid.
28135. 15/06/2001
   
Argentine soybean prices rise on low supplies
28136. 15/06/2001
   
CHINA PALM OIL - DROUGHT NO HELP TO GLOBAL PRICES
28137. 14/06/2001
   
CPO Price Outlook This Year Less Encouraging
28138. 14/06/2001
   
EU And Asia Alternative Export Destinations For M'sian Products
28139. 14/06/2001
   
MDEX To Add Two More Trading Instruments Early Next Year
28140. 14/06/2001
   
Nigerian state offers Malaysians free land for growing oil palmKuala Lumpur (The Star) Thursday, June 14, 2001 - NIGERIA'S Cross RiverState has designated 100,000ha of land suitable for oil palm cultivationto be given free to Malaysian investors interested in embarking on theproduction of palm oil there, its governor Donald Duke said.The free land would serve as an incentive for Malaysian investors to helprevive the sector in Nigeria, which was neglected after the country'sincreased involvement in the oil and gas industry, he said."In the 60s, Nigeria was one of the world leaders in the production andexport of palm oil, but we have now become a net importer," Duke said,adding that the commodity was sourced mainly from Malaysia, Indonesia andneighbouring Cameroon, Ghana and the Ivory Coast.The free land, he said, had been appraised by the Malaysian Palm Oil Board(MPOB) and was found to be suitable for oil palm cultivation. It will comewith a 99-year tenure because of the long gestation period foragricultural crops.Duke was speaking at the Cross River Investment Forum organised by theMalaysian Palm Oil Promotion Council in Kuala Lumpur yesterday.According to Duke, the state government has endeavoured to make theapplication process as simple as possible for interested investors, withthe whole process expected to take only six months."Those interested would have to state their interest by writing a letterto the state government or to the Nigerian embassy for the necessary landtitles to be issued," he said, adding that MPOB had a list of thedesignated areas.The state also was prepared to organise forums between Malaysian andsuitable Nigerian investors if there were parties keen to strike uppartnerships or joint ventures, Duke said.He said the country now imported more than 100,000 tonnes of crude palmoil from Malaysia alone.
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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