Archived News

The total cost of handling and processing involved in the ongoing regularisation of plantation workers and their dependants in Sabah will be an estimated RM808 million, according to the Malaysian Estate Owners Association (MEOA).

BASF, Estée Lauder Companies and Roundtable on Sustainable Palm Oil are helping promote sustainable palm oil in Indonesia’s Waykanan district.

National Association of Smallholders Malaysia (NASH) urges the government to facilitate green food packaging business from oil palm leaves and lauds the government's sending illegally dumping of plastic wastes back to the EU.

I REFER to the letter “Sustainability is a balancing act” (The Star, May 25) and would like to comment on several points raised by the writer, Professor Datuk Dr Ahmad Ibrahim.

NEW DELHI – The government is likely to fix the fair remunerative price of fresh fruit bunches of oil palm grown in the country to ensure better realisations to farmers and boost domestic palm oil production, a senior official said today.

Oil palm is alternatively seen as a gift from god or a crime against humanity; according to science, it is neither

KUALA LUMPUR (May 28): Malaysian palm oil futures rose 2% at end of trading on Tuesday to a one-week top, tracking gains in US soyoil on the Chicago Board of Trade (CBOT).

US-based cosmetics giant Estée Lauder has launched its first sustainability programme for palm oil supply chains, which will see the company work with Indonesian farmers to champion better social conditions and environmental conservation.

Indonesia has set its crude palm oil export tax and a separate export levy at zero for June, the trade ministry said on Tuesday

Malaysian palm oil futures rose as much as 1.5% on Monday, tracking overnight gains in soyaoil on the Chicago Board of Trade (CBOT) and supported by stronger export data. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed up 0.6% at 2,025 ringgit ($483.87) per tonne, having earlier snapped a three session losing streak to touch 2,044 ringgit.

The Indonesian Chamber of Commerce and Industry (KADIN) and the British Chamber of Commerce in Indonesia (BritCham) have rejected protectionist trade policies on palm oil, following the European Union’s latest move to phase out crude palm oil from biofuel by 2030.

Malaysia and Indonesia are expected to discuss further on retaliatory moves against palm oil restrictions on biofuel that will take effect on June 10 as propagated by members of the European Union (EU).