KUALA LUMPUR: The government proposes to increase the threshold for the windfall profit levy on palm oil to RM3,150 in Peninsular Malaysia and RM3,650 in Sabah and Sarawak.
Prime Minister Datuk Seri Anwar Ibrahim also announced that the market price range structure and export duty rates for crude palm oil (CPO) will be revised, effective Nov 1, 2024.
