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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 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

StanChart: Growth expected to be at 4.5% this year
Heineken to strengthen growth fundamentals�
Dutch Lady posts record quarterly sales
Promising growth prospects for SunCon
MNRB to buy balance 80% of Labuan Re for RM400mil�
Strong 1Q for EPF
Pharmaniaga bets big on insulin growth
Pos Malaysia confronts digital age challenges amid reduced volumes
LHI registers solid profit growth in 1Q26
Favelle Favco 1Q net profit drops

Others Also Read