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MUMBAI: Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import tax on refined palm oil shipments from Malaysia, giving Kuala Lumpur an edge over Jakarta, trade officials said.
BRUSSELS/PARIS/JAKARTA: The European Commission has proposed duties ranging from 8% to 18% on imports of biodiesel from Indonesia to counter what it says are unfair subsidies, the latest twist in a case that has lasted seven years
KUALA LUMPUR: Malaysian palm oil futures reversed earlier losses to close higher on Friday on relief that top palm consumer India kept its import tariffs on palm olein unchanged.
PETALING JAYA: Heineken Malaysia Bhd has launched its non-alcoholic malt beverage Heineken 0.0, in line with growing consumer trends centred around health-conscious consumers.
MUMBAI: India's palm oil imports jumped 65% in May from a year earlier as oversees purchases of refined palm more than doubled due to lower import duty and a drop in prices, a leading trade body said on Friday.
ON the face of it, the massive Bandar Malaysia project, to be developed over prime land valued at over RM12bil, seems like the grand prize that any property developer would hope to win. However, the reality is that the developers of the project will have a long, winding path, fraught with challenges.
MUMBAI: India’s palm oil imports in 2018/19 are likely to jump a tenth from a year earlier to a record high as a sharp fall in the prices made the tropical oil more attractive for buyers than rival soyoil and sunflower oil, industry officials told Reuters.