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A few years back, the European Union (EU) agreed that palm oil, mainly from Indonesia and Malaysia, should not be allowed to enter Europe’s market, which was detected as having environmental effects, ranging from pollution to illegal logging. EU enacted its regulation by signing the European Union Deforestation-Free Regulations (EUDR). In addition, some statements also said that Indonesia is a ‘killer.’

When the Roundtable on Sustainable Palm Oil (RSPO) was set up two decades ago, as the palm oil industry struggled in the wake of Southeast Asian forest fires that provoked global outrage, reining in tropical forest losses was a top priority.

MUMBAI, Dec 15 (Reuters) - India's palm oil imports in November jumped nearly 23% from the previous month to hit their highest in three months as refiners preferred the tropical oil over rival soyoil and sunflower oil due to steep discounts, a leading trade body said on Friday.

KOTA KINABALU (Dec 15): Sabah is now officially recognized by the Roundtable on Sustainable Palm Oil (RSPO) – the most recognized sustainability certification in the world – having successfully achieved step one of the four steps employed by RSPO for a jurisdictional approach to certified sustainable palm oil. This achievement reflects a significant milestone in Sabah’s quest to position itself as a global leader in sustainable palm oil.

Nanthika Thangsupanich, the department’s director-general, said the move comes in response to the Energy Policy Committee’s decision on December 13 to simplify diesel oil offerings at petrol stations and ease public confusion

The Narendra Modi government launched the National Mission on Edible Oils-Oil Palm (NMEO-OP) in August 2021, allocating Rs 11,040 crore with the objective of encouraging domestic oilseeds production and increasing the area under oil palm cultivation aggressively across various states in India in order to reduce dependence on imports of edible oils.

Since 2015, Malaysia has taken a global leadership role in continuously implementing sustainable oil palm cultivation and palm oil process innovations.

KUALA LUMPUR: Growing oil palms and harvesting their fruits is a major source of income for 500,000 smallholders in Malaysia who depend solely on the commodity for their livelihoods, according to the Datametrics Research and Information Centre (DARE).

Kuala Lumpur Kepong Bhd (KLK) and its subsidiary, KLK Plantations and Trading Pte Ltd, are set to acquire over 90% stakes in two Indonesian oil palm companies, PT Satu Sembilan Delapan (SSD) and PT Tekukur Indah (TI), for a total of RM276.55 million.

Jakarta (ANTARA) - The agricultural sector has been playing important role in Indonesian national economics life. One of the promising sectors that has been contributing significantly to national income is palm oil. Along with its robust growth, the development of palm oil invites controversy in the international community pertaining to social, environmental, and lastly land tenurial issues. The growing negative campaign amplifying negative issues has triggered numbers of western countries to boycott palm oil imports. These problems are currently being addressed by the emergence of certified sustainable palm oil from which the indicator is used in Indonesia currently by Indonesian Sustainable Palm Oil (ISPO).

MUMBAI: Malaysian palm oil futures dropped more than 1% on Wednesday due to slowing exports and concerns about bio-diesel demand following a slump in crude oil prices, and tracking weakness seen in rival soyaoil

Retailers attribute the increase to higher prices set by oil companies.