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JAKARTA (Xinhua): The Indonesian government will exempt the import taxes on Covid-19 vaccine procurement to accelerate the implementation of vaccinations and support the handling of the Covid-19 pandemic, according to Antara news agency on Monday (Nov 30).
PETALING JAYA: India’s cut in crude palm oil (CPO) import duty to 27.5% will make CPO more attractive, as the commodity is set to regain some of the market shares it lost to sunflower and soybean oils this year, says Maybank Kim Eng.
KUALA LUMPUR, Nov 29 (Bernama): The ideal 2020 embedded in the mind of many Malaysians are the creation of a developed society, the assurance of economic justice and the birth of a competitive economy, instead the expectations were shattered when the first coronavirus case was traced in Wuhan in November last year.
PETALING JAYA: The price of Malaysia’s fresh palm oil fruit bunches and crude palm oil were at a high level, which was partly due to the high demand from buyers, including those from China and India, says Foreign Minister Datuk Seri Hishammuddin Hussein.“This is in line with the outcome of my meeting with the Chinese Foreign Minister, Wang Yi, in early October, which led to China’s agreement to buy 1.7 million tonnes of Malaysian palm oil until 2023, ” Hishammuddin said in a Facebook post.
Hishammuddin expresses gratitude to India, says reduced import duty will benefit oil palm smallholders
PETALING JAYA: The increase in crude palm oil prices, after the Indian government reduced the import duty for Malaysia, would benefit oil palm smallholders, says Datuk Seri Hishammuddin Hussein.
IPOH: The Perak Customs Department has seized a total of RM1mil worth of contraband cigarettes from an empty house in Teluk Intan.
AS with previous budgets, businesses and the public will be hoping for lower taxes and more incentives in their Budget 2021 wishlists.