Archived News

Bogor, W Java (ANTARA) - Indonesian President Joko Widodo (Jokowi) expressed his concern over several discriminatory regulations issued by the European Union (EU) while receiving a courtesy call from the Prime Minister (PM) of the Czech Republic, Petr Fiala.

SINGAPORE: Malaysian palm oil futures ended more than 4% higher on Tuesday, the biggest daily gain since December, tracking strength in related edible oils amid threats to the Black Sea grain corridor deal, while a weaker Malaysian ringgit lent some support.

17/04/2023 (The Star Online), Kuala Lumpur - Malaysia has maintained its May export tax for crude palm oil at 8% and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Monday.

17/04/2023 (The Star Online), Kuching - Oil palm plantation companies in Sarawak are now allowed to recruit foreign workers from several other countries other than Indonesia.

17/04/2023 (Channel News Asia), Jakarta - Indonesia has formed a new task force to improve governance in the palm oil plantation sector, aiming to ensure companies comply with rules including on tax payments, its deputy finance minister said on Monday.

17/04/2023 (The Borneo Post Online), Putrajaya - The 60,000-tonne quota for subsidised cooking oil remains for now, the Ministry of Domestic Trade and Cost of Living (KPDN) said today.

17/03/2023 (Nasdaq), Jakarta - Malaysian palm oil futures rebounded on Monday, underpinned by data showing a sharp drop in Indonesia's February inventories, and a weaker Malaysian ringgit.

17/04/2023 (Business Recorder), Jakarta - Malaysian palm oil futures recovered on Monday, on the back of a sharp drop in Indonesia’s February inventories, and a weaker Malaysian ringgit.

17/04/2023 (Business Recorder), Singapore - Palm oil may test a resistance zone of 3,729-3,740 ringgit per tonne, a break above which could lead to a gain to 3,797 ringgit.

16/04/2023 (The Star Online), Petaling Jaya - The Domestic Trade and Cost of Living Ministry is ready to cooperate with any party related to the alleged overpayment of RM9mil in cooking oil subsidies, says its secretary-general Datuk Azman Mohd Yusof.

15/04/2023 (The Star Online), Putrajaya - The government has to approve an additional quota of subsidised cooking oil for operational purposes and to ensure sufficient supply in the market, says the Domestic Trade and Cost of Living Ministry.

16/04/2023 (Malay Mail), Kuala Lumpur - The secretary-general of the Domestic Trade and Consumer Affairs Ministry (KPDNHEP) has clarified that he is not a suspect in the ongoing investigations into the alleged overspending on cooking oil subsidies last year.