KUALA LUMPUR: The crude palm oil (CPO) export duty collection for the first five months of 2021 is estimated to have increased by more than five times to RM564.82 million compared to RM111 million in the same period in 2020.
In a statement today, the Ministry of Plantation Industries and Commodities (MPIC) said it is currently studying several mechanisms in order to ensure that the people would benefit from the rise in CPO prices while minimising its negative impact.
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