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Business 21 Dec 2011 | 12:00 AM

Oil palm biomass offers huge potential, RM30bil in income

KUALA LUMPUR: The vision to mobilise maximum utilisation of oil palm biomass to generate an additional RM30bil in income for Malaysia by 2020 needs to be fully industry-driven and well-supported by the capabilities and incentives from the Government.

Business 20 Dec 2011 | 12:00 AM

Initiative to make money from oil palm waste

OIL palm biomass waste is fast turning into a highly-prized commodity in Malaysia. What more with the National Biomass Strategy 2020 targeting at wealth creation for the palm oil industry recently officiated by Prime Minister Datuk Seri Najib Tun Razak

Business 12 May 2011 | 12:00 AM

Ecofuture trading suspended

PETALING JAYA: Trading in ACE Market-listed Ecofuture Bhd#8217;s shares will be suspended from May 10 until further notice due to the company#8217;s failure to submit its audited accounts for the financial year ended Dec 31, 2010.

Business 20 Apr 2011 | 12:00 AM

M'sia needs to invest in oil palm biomass

KUALA LUMPUR: Malaysia must identify and invest in its specific role and leadership position in sustainable oil palm production to utilise the commodity through innovation and generate new wealth for the economy, a professor from a renowned Dutch technical research university said.

Business 29 Mar 2011 | 12:00 AM

Sime Darby aims to intensify R&D efforts

BANTING: Sime Darby Plantation Sdn Bhd, a unit of conglomerate Sime Darby Bhd, will further intensify its focus on research and development (RD) to ensure its future competitiveness as one of the largest palm oil producers in the world.

Business 04 Nov 2010 | 12:00 AM

Communicate the cost of green initiatives

IT would appear that green is in judging by the number of announcements companies have recently made with regards to generating power from renewable sources.

Business 14 Oct 2010 | 12:00 AM

Some sectors hoping for for tax incentives, subsidies in Friday's budget

PETALING JAYA: Hopes are riding high among the palm oil and agriculture-related industry players to see the upcoming Budget 2011 allocate more tax incentives and subsidies in ensuring the two sectors are able to meet particularly the targets set under the Government's Economic Transformation Programme (ETP) by 2020.

Business 22 Sep 2010 | 12:00 AM

Premium Malaysia to invest RM124m in bio-oil plant

KUALA LUMPUR: Premium Renewable Energy (Malaysia) Sdn Bhd plans to set up a bio-oil plant costing US$40mil (RM124mil) near Lahad Datu, Sabah, and will consider building another 14 plants by 2015.

Business 30 Aug 2010 | 12:00 AM

More banks offer green technology financing

PETALING JAYA: More banks in Malaysia are going into green technology financing in view of the potential market for environmental business amid surging levels of greenhouse gases.

Business 11 Aug 2010 | 12:00 AM

Palm oil inventory down

PETALING JAYA: Local palm oil inventory fell to a one-year low in July driven by export-led demand from India, China and Pakistan which have been stocking for the current fasting month of Ramadhan and the Eid festival in September.