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KUALA LUMPUR: The Malaysian government will likely continue with the crude palm oil (CPO) export duty exemption next year to keep commodity prices competitive, says an expert.
KUALA LUMPUR: The additional RM1 cess per tonne of palm oil produced that will be imposed by the government starting next year will lead to higher production costs for planters.
KUALA LUMPUR: Some of the European Union countries have accepted Malaysia’s palm oil and even expressed their desire to buy the commodity, said Prime Minister Tun Dr Mahathir Mohamad.
KUALA LUMPUR: Public Bank, Hong Leong Bank and Tenaga Nasional reversed their losses and nudged the FBM KLCI into the positive zone at the close of trade on Tuesday after a volatile day.
KUALA LUMPUR: Oil palm landowners with land over 100 acres risk getting their licence revoked if they fail to secure the Malaysian Sustainable Palm Oil (MSPO) Certification from next year onwards, says Primary Industries Minister Teresa Kok.KUALA LUMPUR: Oil palm landowners with land over 100 acres risk getting their licence revoked if they fail to secure the Malaysian Sustainable Palm Oil (MSPO) Certification from next year onwards, says Primary Industries Minister Teresa Kok.
KUALA LUMPUR: Malaysia will not bring the issue of discriminatory trade barriers by the European Union (EU) against palm oil to the World Trade Organisation (WTO) yet as some of the EU countries have responded positively to Malaysia's defence, say Tun Dr Mahathir Mohamad.
KUALA LUMPUR: The uncertainties over Brexit is among the reasons for the delay in Malaysia's attempt to challenge the European Union (EU) over its palm oil ban.
KUALA LUMPUR: There was some profit-taking activity on Bursa Malaysia on Tuesday following the sharp gains made in the closing minutes of the previous trading session.
KUALA LUMPUR: About 60% of Malaysia’s total oil palm planted area is covered by Malaysian Sustainable Palm Oil certification, according to Primary Industries minister Teresa Kok.
KUALA LUMPUR: Council of Palm Oil Producing Countries seeks solidarity in fighting discriminative measures against the commodity through an “aggressive joint counter-campaign”, according to Malaysia’s Primary Industries minister Teresa Kok.