Thursday, July 12, 2012

Indonesia Palm Oil

  • PANGKUH, Indonesia, July 12 (Reuters) - An Indonesian palm oil firm received preliminary approval six years ago for a large plantation in a swampy, forested corner of Borneo island, bringing the promise of jobs and roads to impoverished villages.
  • (Huffington Post)
  • Be the first to write your opinion! Pangkuh. An Indonesian palm oil firm received preliminary approval six years ago for a large plantation in a swampy, forested corner of Borneo island, bringing the promise of jobs and roads to impoverished villages.
  • (thejakartaglobe.com)
  • Indonesia cut the tax rate for exports of crude palm oil in July to 15 percent, a level last seen in January, from 19.5 percent in June, Deddy Saleh, director general of foreign trade at the Trade Ministry, said June 25.
  • (Bloomberg)
  • currencies.. * U.S. stocks.. * Oil prices.. * Global markets.. * Malaysian crude palm oil * Indonesian palm oil.. * Global economy.. * Key Asian companies..
  • (Market Factors to watch - July 12 - Reuters)
  • TICKY FULLERTON, PRESENTER: Palm oil is a booming business. Its found in half the packaged goods on supermarket shelves. But the cost all too often is the destruction of pristine habitat in the rainforests of Indonesia and Malaysia.
  • (ABC Online)
  • (CNN) -- Even if youve never visited Malaysia or Indonesia, its likely that youve made contact with these countries through the chocolate bar youve just eaten or the soap youve just washed your hands with.
  • (Denver Channel)
  • But whether this is possible, Sloan commented, "depends on whether Colombian politicians can direct oil-palm expansion with greater will and less corruption than their Indonesian counterparts." CITATION: Garcia-Ulloa, J., Sloan, S.
  • (News.Mongabay)
  • Palm oil can also be used in animal feedstuffs and as a bio fuel. Malaysia and Indonesia produce about 85 percent of the world's harvest.
  • (YAHOO!)
  • Indonesia's Corruption Eradication Commission (KPK) arrested Amran Batalipu, the regent of Buol, Central Sulawesi, on charges that he received bribes in issuing palm oil plantation permits in his regency.
  • (News.Mongabay)
  • Palm-oil shipments from Indonesia, the world's largest producer, may climb 9.5 percent in June on sustained demand before the Muslim fasting month of Ramadan. Exports are set to climb to 1.5 million metric tons from 1.
  • (Bloomberg)

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