Archive
2020
24 Feb - 01 Mar 2020
Section 1 : CPO Price Trend
24 Feb - 01 Mar 2020
Section 2: Global Palm Oil Market Opportunities
22 - 28 Jun 2020
POINTERS ON THE PRICE TRENDS
2019
2018
29 Jan - 04 Feb 2018
Section 1: CPO Price Trend
29 Jan - 04 Feb 2018
Section 2 : Global Palm Oil Market Focus
06 - 12 Aug 2018
Section 1: CPO Price Trend
06 - 12 Aug 2018
Section 2: Global Palm Oil Market Focus
2017
2016
22 - 29 Feb 2016
2016 Market Direction - Twists and Turns of Palm Oil Prices
22 - 28 Aug 2016
Section 1 : Palm Oil Price Fundamentals
22 - 28 Aug 2016
Section 2 : Trade Issues and Market Prospects
2015
2014
2013
2012
2011
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POINTERS
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Prospects For Second Half Of 2013 - Managing Price Fluctuations:
The Importance of Labour in the Supply and Demand of Palm Oil in Malaysia
Datuk Dr. Choo Yuen May
Datuk Dr Choo Yuen May is the Director-General of the Malaysian Palm Oil Board (MPOB). She oversees and directs programmes that keep the oil palm industry at the forefront of science and foster economic growth and innovation. She has leveraged on her renowned research and leadership position to take stewardship of six and a half of the 8 entry project points (EPP) for oil palm under the Economic Transformation Program launched recently by the Prime Minister. Datuk Choo is recognized internationally for her pioneering work in the field of palm biodiesel [normal grade palm biodiesel (pour point + 15°C and winter grade palm biodiesel (pour point – 21°C)]. The principal focus of her current research is the development of novel, efficient and green processes for the palm-based industry. These include the Production and evaluation of palm biofuel including first and second generation biofuel and palm aviation fuel and Production of palm phytonutrients. She also works closely on Sustainability and Climate Change, in particular Life Cycle Assessment of Oil Palm and Products. Datuk Choo has been elected as a Fellow of the Academy of Sciences Malaysia, Fellow of the Malaysian Oil Scientists and Technologies Association, Fellow of the Malaysian Institute of Chemistry and Fellow of the Malaysian Scientific Association. She has authored and co-authored more than 600 scholarly articles, and 50 patents of which 29 have been granted and 21 pending. Several of the patents have been successfully commercialized, the most significant being the biodiesel technologies. Other technologies are those related to extraction of carotenoids, vitamin E and sterols, production of red palm oil and manufacture of palm-based industry solvents and degreaser Datuk Choo has been honoured with more than 126 international and national awards, the most prestigious of which include. The Knight of the International Order of Merit of Inventors awarded by International Federation of Inventors Association ( IFIA ), Most Outstanding Malaysian Women Award in conjunction with the International Women’s Day Celebration 2011, WIPO ( World Intellectual Property Organization ) Gold Medal for Best Women Inventions 1994 and 2003 and Anugerah Karya Inovasi Saintis awarded by the Ministry of Plantation Industries and Commodities.
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Mr. Azman Ismail
Qualifications : • Diploma in Accountancy, Politeknik Kota Bahru [1990] • Bachelor of Economics (Hons), University Kebangsaan Malaysia [1997] • Master of Economics, University Putra Malaysia [2008] Working Experience : 1998 : Joined MPOB as research officer. Currently : Senior Research Officer of Techno- Economics Unit, Malaysian Palm Oil Board Research Interest : • Cost of Production • Labour in Oil Palm Plantations
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The Malaysian oil palm industry plays an important role in the agricultural development of the country and contributes significantly to the country’s Gross Domestic Product (GDP), foreign exchange and creation of employment opportunities. On average, the industry contributes 5% to 7% of GDP and for the last five years the industry has contributed on average about RM65.3 billion per year to export revenue. Increase in palm oil production and strong palm oil demand coupled with firmer prices contributed to the increase in the export revenue. In 2012, oil palm planted area was 5.08 million hectares, an increase of 1.5% or 76,820 hectares compared to the previous year. In the Malaysian oil palm plantation sector, job opportunities were created since the sector is highly dependent on manual labour. However, low involvement of the locals (due to 3D perception - dangerous, dirty and difficult) provided avenues for foreign workers to work in the plantation sectors. In 2012, it was estimated that there were 435,763 workforce in oil palm plantation sector. Out of the total, 334,075 or 76.66% were foreigners. Foreign workers were employed mainly in high labour demand operations such as harvesting, field work and other general works. These days, the main issue in oil palm plantation sector is labour shortage problem especially for fresh fruit bunch harvesting and collection. Efforts have been done by the Government to reduce the labour shortage problem. One of the solutions is to encourage estate owners to mechanize their operations.
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