Archived News
15-03-2019
Brexit heads for delay as May tries to scare up support for deal
The UK is on course to delay Brexit and open the door to a radical re-write of the terms of its divorce from the European Union after recoiling from an economically disastrous no-deal split.
15-03-2019
Challenging to conclude FTAs if palm oil discriminated
Ministry of International Trade and Industry deputy secretary-general of trade Datuk Seri Norazman Ayob concludes that free trade agreements (FTAs) with the European Union (EU) and European Free Trade Association will face challenges, if there is continued discrimination against Malaysian commodities especially palm oil
15-03-2019
Teresa Kok blasts EU's palm oil decision based on 'politics of
The Primary Industries Minister ripped apart the European Union's (EU) delegated act on the use of palm oil in biofuels, accusing the process as based on “politics of protectionismâ€.
15-03-2019
Teresa Kok : EU’s ‘high risk’ ruling on palm oil shows double standard
The EU’s decision to classify palm oil as “high risk†in proposed legislation on biofuel is based on inaccurate and discriminatory factors, Malaysia’s Primary Industry Minister Teresa Kok says in statement.
15-03-2019
European Union decrees that palm oil is unsustainable as a green fuel
The European Union (EU) has taken on board the wishes of over 650,000 Europeans, and a Europe-wide coalition of environmental organisations, and decreed that palm oil is not a green fuel, and should not be promoted due to its undeniable and severe contributions to deforestation
15-03-2019
M’sia seeks palm oil tariff cuts from India
The Regional Comprehensive Economic Partnership (RCEP) would provide a platform for the government to seek further reductions on import tariff for palm oil products from India
15-03-2019
Sluggish trend continues in soya
Sluggish trend continued in the majority of oils in Indore mandis on weak physical demand and global cues with soy refined quoted at ₹768-70 for 10 kg, while soy solvent ruled at ₹735-40. Palm and cotton oils also traded low with palm oil quoted at ₹660 (down ₹10 from last week)
14-03-2019
Malaysian palm oil/Vegoils: Market factors to watch Thursday March 14
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
14-03-2019
Palm Oil Trade War Looms as Europe Sets Limits on Use in Biofuel
Palm oil emerged as a flashpoint in a potential trade war between the European Union and some of the world’s largest developing nations after the bloc imposed stricter limits on how the crop can be used in green fuels.
14-03-2019
El Salvador's supreme court suspends cancellation of Taiwan trade accord
El Salvador’s supreme court on Wednesday temporarily suspended the cancellation of a free trade agreement with Taiwan, weeks after political outsider Nayib Bukele was elected as the Central American nation’s next president
14-03-2019
Australia and Indonesia trade: deal (not quite) done
The signing on 4 March of the Indonesia Australia–Comprehensive Economic Partnership Agreement (IA-CEPA) has been hailed as a major bilateral trade agreement and a diplomatic breakthrough given recent tensions between Canberra and Jakarta
14-03-2019
PTT buys palm oil for biodiesel
PTT Plc, the national oil and gas conglomerate, has agreed to buy 100,000 tonnes of crude palm oil to produce biodiesel for export in a collaborative move to shore up domestic fresh palm nut prices.