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Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports
Indonesia's resumption of palm oil exports will not blunt Malaysia's competitiveness in exporting the edible oil, the Malaysian commodities minister said on Sunday, pointing to the rival's loss of sales in India.
Recriminations fly as Indonesia resumes palm oil exports
Long lines of trucks trying to unload palm fruit formed outside Indonesian processing mills this week, illustrating the growing cost of a palm oil export ban by the world's biggest producer.
Growth of palm oil stockpile not a cause for concern: Zuraida
PETALING JAYA: The increase in palm oil stockpile should not be a concern as exports are expected to improve, says Datuk Zuraida Kamaruddin.
MPIC in the midst of discussions with MoF to slash palm oil export tax
KUALA LUMPUR: Ministry of Plantation Industries and Commodities (MPIC) is in the midst of discussions with the Ministry of Finance (MoF) to look into the viability of slashing Malaysia’s palm oil export tax to 4-6 per cent from the current 8 per cent.
Panel can resolve alleged forced labour issues, says Zuraida
PUTRAJAYA: The setting up of a working committee between Malaysia and the United States to address the issue of alleged forced labour is an equitable move to resolve palm oil and rubber industry issues, says Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.
Zuraida hails setting up of US-Malaysia panel to tackle forced labour claims
PUTRAJAYA: The establishment of a working committee between Malaysia and the United States to address the issue of alleged forced labour is an equitable move to resolve palm oil and rubber issues, says Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin.
Shortage to be addressed
PONTIAN: The palm oil industry is hurting badly from a severe lack of labour, but Datuk Seri Dr Wee Jeck Seng is hoping to ease the pain in the next two months.
Palm oil industry easily needs 100,000 workers
PETALING JAYA: The actual worker shortage in the palm oil industry can be between 70,000 and 100,000 workers, according to an industry source.
Machinery physically impossible
PETALING JAYA: Terrain limitation is a major factor which requires physical labour even though the plantation industry is trying hard to incorporate automation.
No big shift seen from CPO export tax cut plan
KUALA LUMPUR: The government’s proposal to cut the crude palm oil (CPO) export tax by as much as half starting next month could affect palm oil refiners significantly while the upstream planters will get to enjoy the benefits to a certain extent, say industry experts.
