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Bangladesh and Indonesia are set to start a negotiation this month for signing a preferential trade agreement to boost bilateral trade and promote trade and economic partnership between the two countries.

Economic Affairs Minister Mohamed Azmin Ali is confident that Putrajaya’s ongoing talks with Beijing over the East Coast Rail Link (ECRL) project would not affect Malaysia’s export of palm oil to China.

Crude palm-oil futures rebounded from December lows and gained around 10% in January. The commodity was a victim of supply glut in 2018 in the two largest supplying nations, Malaysia and Indonesia.

Malaysia has agreed to import 44,000 tonnes of sugar from India within weeks of New Delhi cutting the import duty on crude and refined palm oil from the Southeast Asian nation.

FOR how long can Malaysia go on taking a reactive and defensive approach on the palm oil issue. Most of our responses to the attacks in the West against palm oil are to complain and protest about discrimination against, banning and boycotting its use.

PETALING JAYA: A group stakeholders representing the palm oil industry has rejected claims that Malaysia has cleared rainforests to cultivate the oil palm crop since 1990.

KUALA LUMPUR: Malaysia's palm oil stockpiles at the end of January are forecast to fall from the previous month's record high as production eases and exports increase, according to a Reuters survey.

The European Parliament voted in favour of a law on renewable energy that aims to reduce the contribution of palm oil in biofuels and bioliquids to zero. This poses a tremendous threat to Malaysia, which is the world's second largest producer of palm oil.

KUALA LUMPUR: Malaysian palm oil futures jumped 1.7 percent to a more than seven-month high on Thursday, tracking strength in overnight U.S. soyoil and on bullish forecasts for the vegetable oil, though the market pared gains towards the end of the session.

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Feb 8.

KUALA LUMPUR: Crude palm oil futures climbed to the highest level in more than seven months on optimism over shrinking inventories in the world’s top producers and a generally brighter outlook for the tropical oil.

Research that calls into question claims that palm oil is environmentally damaging compared with other vegetable oils will boost the government’s efforts to defend one of the country’s major commodities from negative campaigning.