Indonesia’s move welcomed


Need to change: Palm Oil Refiners Associaton of Malaysia says that based on its analysis, Malaysia should consider revising its current CPO export tax structure implemented since January 2013 to mimic the new changes in the Indonesian export duty structure.

New regulation on CPO is seen to be more practical and transparent

IN a surprise move on Tuesday, Indonesia – the world’s largest palm oil producer – issued a new regulation that will change the way its crude palm oil (CPO) and palm oil products export taxes are calculated.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , palm oil , oil palm

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read