Archived News

07/10/2024 (Policy Circle) - Edible oils mission: The government has taken a significant step to reduce the country’s dependence on imported edible oils. The Union Cabinet recently rationalised 18 centrally sponsored schemes of the agriculture ministry, with a total allocation of Rs 101,321 crore, into two key programmes. Among these is a National Mission on Oilseeds with an outlay of Rs 10,103 crore.

07/10/2024 (BBC) - A new machine that repairs potholes while being fuelled on vegetable oil will be deployed across all of a county's rural roads.

07/10/2024 (Manifold Times) - Solstad Offshore on Thursday (3 October) said it is now offering certified renewable biodiesel to its clients to decarbonise existing offshore vessels in the transition period towards zero-emission technologies in the future.

06/10/2024 (Bernama), Kuala Lumpur - The MADANI government remains committed to bolstering the country’s palm oil industry, Prime Minister Datuk Seri Anwar Ibrahim said.

05/10/2024 (The Edge Malaysia), Kuala Lumpur - Although the palm oil sector has been the backbone of the Malaysian economy for over five decades, in recent years it has been beset by a myriad of problems, from rising production costs to stagnating yields to labour shortages.

04/10/2024 (Bernama), Islamabad - Prime Minister Datuk Seri Anwar Ibrahim’s three-day state visit to Pakistan secured potential trade deals worth RM2.65 billion, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

04/10/2024 (Biofuels International) - The US biofuel market is experiencing dynamic growth, making canola cultivation increasingly attractive for farmers in the northern US.

05/10/2024 (Bernama), Kuala Lumpur – The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias amid rising crude oil and soybean oil prices, a dealer said.

03/10/2024 (New Straits Times), Kuala Lumpur - The 2025 Budget may see the inclusion of two key proposals on the plantation sector namely a revision on the windfall profit levy on palm oil and additional allocations for palm oil replanting programme.

03/10/2024 (Bernama), Kuala Lumpur - Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Thursday, driven by profit-taking following a recent price rally.

04/10/2024 (Bernama), New Delhi - India will spend 101 billion rupees (US$1.2 billion) over the next seven years to reduce its dependence on edible oil imports.

03/10/2024 (Reuters), Mumbai - India's palm oil imports in September fell by nearly a third compared to the previous month, hitting a six-month low as a surge in tropical oil prices made it more expensive than rival oils, forcing refiners to postpone purchases, five dealers said.