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Business 25 Jul 2019 | 10:57 PM

EU plans to impose import duties on Indonesia biodiesel

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

Business 05 Jul 2019 | 11:22 PM

India imposes 7.5% import duty on palm stearin

MUMBAI: India has imposed a 7.5% import duty on palm stearin, Finance Minister Nirmala Sitharaman said in her first federal budget speech on Friday, as the world's biggest edible oil importer tries to boost local refining

Business 05 Jul 2019 | 11:13 PM

Malaysian palm oil price gains as India holds soft oils tariff

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.

Business 21 Jun 2019 | 12:00 AM

Alcohol-free Heineken available from next month

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.

Business 14 Jun 2019 | 10:51 PM

India's May palm oil imports jump 65%, soyoil imports plunge

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.

Business 03 May 2019 | 12:00 AM

India increases duty on palm oil imports

NEW DELHI: The Indian government has increased import duty on crude palm oil (CPO) by US$5 per tonne and on refined, bleached and dried (RBD) palm olein by US$9 per tonne.

Business 27 Apr 2019 | 12:00 AM Premium

Mammoth project, massive questions

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.

Plantations 19 Mar 2019 | 12:00 AM

India’s palm oil imports may jump to record as prices fall

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.

Corporate News 14 Mar 2019 | 12:00 AM

Sime’s healthcare plan viewed positively

PETALING JAYA: Sime Darby Bhd’s plans to focus on its healthcare segment is viewed positively and will bear fruit in the long term, said AmBank Research.