CPO price gets boost

MONDAY, MAY 16: KUALA LUMPUR- Felda Global Ventures Holdings Bhd Group President/Chief Executive Officer Zakaria Arshad (pic) to unveil FGV's Transition Plan, Casa Heliconia, Jalan Maktab Enam, Off Jalan Perumahan Gurney, Kuala Lumpur at 0900 (0100 GMT) KUALA LUMPUR- ASEAN Intergovernmental Commission on Human Rights (AICHR) organises regional forum on media and human rights at Istana Hotel at 0900 (0100 GMT) KUALA LUMPUR- Dewan Rakyat sitting at 1000 (0200 GMT)

KUALA LUMPUR: The Government’s commitment in enhancing the biodiesel programme will help stabilise the price of crude palm oil (CPO), Felda Global Ventures Holdings Bhd group president and chief executive officer Datuk Zakaria Arshad said.

He said the Government’s initiative in increasing the blend for the transport sector from B7 to B10 and introducing B7 for the industrial sector was a timely move.