Govt exempts exporters of CPO from paying export duty from Sept 1


KUALA LUMPUR: Exporters of crude palm oil (CPO) have been exempted from paying any export duty efffective from Sept 1, said Plantation Industries and Commodities minister Datuk Amar Douglas Uggah Embas.

The export duty exemption on CPO to exporters will be for a period starting September to October as part of the Government's effort to mitigate further decline in the price of the commodity, he said at a press briefing prior to attending the Palm Oil Leadership Award (PILA) dinner hosted by the Malaysian Palm Oil Council (MPOC) on Thursday.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IMF evaluation reflects Malaysia’s strong economic fundamentals, economists say
MATRADE appoints Abu Bakar Yusof as CEO
Ringgit poised to see profit-taking after hitting near six-year high vs greenback
The illusion of beat estimates
Racing to deliver
Green stocks are big winners
Asia in US$200bil complex investment�revival
EU dilutes green disclosure rules
Can Nilai become an AI mega hub?
Thematic guide to investments in 2026

Others Also Read