Malaysia palm oil levy revision proposal sent to Finance Ministry


KUALA LUMPUR: Malaysia's plantations minister said a proposal to revise the windfall profit levy on the palm oil industry was sent to the finance ministry last week, state news agency Bernama reported on Monday.

Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani said his ministry was now awaiting a response and decision from the finance ministry, Bernama reported, although no details of the proposal were mentioned.

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