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KUCHING: WTK Holdings Bhd image: https://cdn.thestar.com.my/Themes/img/chart.png , which has seen strong growth in its oil palm plantation business, is targeting to raise fresh fruit bunches (FFB) production by about 25% this year.

A whole of government approach is needed to address what Minister for National Planning Richard Maru pointed out were glaring holes in the country’s current biosecurity arrangements and protocols.

Islamabad:Islamabad Chamber of Small Traders (ICST) on Sunday said a hike of rupees 15 per kg in the price of ghee and cooking oil amounts to exploitation of the masses which is intolerable.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday May 4.

Malaysian crude palm oil (CPO) output likely grew 1.6% month-on-month to 1.6 million tonnes in April 2018, according to a survey of 23 plantation areas by the CIMB Futures team.

Malaysian palm oil futures slid to their lowest in over a year in late trade on Thursday, charting a sixth day of losses in eight, as traders turned bearish over weakening export demand.

After around 30% proposed increase in customs duty on the import of cooking oil, every household that consumes soybean oil and palm oil will pay an additional Rs5 per kg that will benefit the factories being run by relatives of a federal minister.

The use of palm oil in food and biofuels has come under renewed scrutiny in recent weeks. The European Union through its Commission and Parliament are currently locked in a trilogue on a proposed new biofuels directive, which if some Members of the European Parliament have their way would ban the use of palm oil in biofuels.

New Delhi, May 3 () Groundnut oil prices recovered by Rs 100 per quintal at the wholesale oils and oilseeds market today due to mild demand from retailers.

The newly inaugurated Indonesian ambassador to South Africa, Kingdom of Lesotho, Kingdom of Swaziland and Botswana Republic, Salman al-Farisi, says economic diplomacy will be at the top of his agenda during his diplomatic mission in the continent.

The opposition’s goal to abolish the Goods and Services Tax (GST) will cause the government to lose a huge income stream.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday May 3.