Large oil palm plantations without cert to face fine and penalty


New guildelines: All smallholders, estates and palm oil mills that have not obtained the MSPO certification or begun the process of certification have been urged to get the certification as soon as possible.

KUALA LUMPUR: Oil palm estates of more than 40.47 hectares and palm oil mills that fail to obtain the Malaysian Sustainable Palm Oil (MSPO) certification or begin the process of the certification on Jan 1,2020, will be fined and penalised as it is construed as an offence under the Malaysian Palm Oil Board (Licensing) 2005 regulation number 15.

Malaysian Palm Oil Board (MPOB) said in a statement that failure to comply with the regulation would result in MPOB penalising, suspending, cancelling or not renewing licences under the provision of the regulation.

Start your ads-free experience now!

Monthly Plan

RM13.90/month

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!

large , oil palm , plantations , fine , certification , MSPO ,

   

Next In Business News

Chinese developer Shimao sweetens debt revamp terms ahead of liquidation hearing, sources say
Atome Financial gets up to US$100mil debt facility including from EvolutionX for expansion
Oil prices steady, U.S. consumer price data in focus
Tengku Zafrul: Miti, MoT to mull bolstering airport infrastructure for semiconductor exports
China to create new consumption scenarios to tap consumer demand
Asian shares mostly higher, yen hits record low versus euro
MAHB's passenger traffic hits new milestone of 11.2mil
Malaysian Genomics to market 'GenomeCheck' testing services in SEA
FBM KLCI dips slightly ahead of US price data
The next step in digital banking

Others Also Read