Archived News

IN advocating sustainability, the Malaysian Palm Oil Green Conservation Foundation (MPOGCF) has joined up with the Barn Owl and Rodent Research Group (BORG), Universiti Sains Malaysia (USM), to use owls to control rats in plantations.

15/03/2023 (Channel News Asia) - Malaysian palm oil and rubber smallholders on Wednesday filed a petition to the European Union to protest against a new law preventing imports into the bloc of commodities linked to deforestation risks.

15/03/2023 (Nasdaq), Kuala Lumpur - Malaysian palm oil futures snapped a three-day losing run on Wednesday on bargain buying amid strong demand for exports.

15/03/2023 (Business Recorder), Singapore - Palm oil may bounce towards a resistance at 4,089 ringgit per tonne, following its stabilization around a support of 3,994 ringgit. The support is identified as the 61.8% retracement of the uptrend from 3,728 ringgit to 4,425 ringgit, standing as a key barrier towards 3,728 ringgit.

15/03/2023 (The Star Online), Putrajaya - Malaysia and the United Kingdom are examining ways to strengthen bilateral ties while looking into potential areas for strategic cooperation in a number of areas, including security, trade and investment, green technology, and the digital economy.

15/03/2023 (The Borneo Post), Kota Kinabalu - Universiti Malaysia Sabah’ (UMS) Engineering Faculty and Gamalux Oils Sdn Bhd yesterday signed a Letter of Intent (LoI) to conduct research on palm oil waste material namely, ‘De-Oiled Bleaching Earth (DOBE)’.

15/03/2023 (Independent) - Britain is preparing to sign off on a post-Brexit trade deal that campaigners say will encourage further destruction of nature, threaten the habitat of orangutans in Malaysia and make a mockery of the government’s claims of being committed to tackling deforestation abroad.

15/03/2023 (Indian Express) - India’s palm oil imports in February dropped 30% from January to their lowest in 8 months on weak demand amid build-up in stocks because of excessive imports during November-January, a leading trade body said on Wednesday.

14/03/2023 (Financial Times) - The UK government is planning to eliminate import tariffs on palm oil from Malaysia, a product blamed for widespread deforestation, as the price of joining an Asia-Pacific trade deal, according to people involved in the talks, prompting outrage from green campaigners.

14/03/2023 (The Star Online), Kuala Lumpur - Those who champion international human rights standards in Malaysian palm oil plantations should not brush all countries with the same brush and label Malaysia as a high-risk country, says Deputy Prime Minister Datuk Seri Fadillah Yusof.

14/03/2023 (New Straits Times), Kuala Lumpur - "Most importantly, (we will look at) how we can we come to a middle ground which is acceptable by international standards. At the same time, we will improve our practices and we are committed to ensuring we comply with it," he said after launching the People Positive Palm (P3) First Learning Series Workshop, here.

13/03/2023 (The Edge Singapore) - RHB Group Research analysts Hoe Lee Leng and Syahril Hanafiah have maintained “neutral” on the plantation sector, continuing to advocate integrated players such as Wilmar International F34 0.00% and Golden Agri-Resources E5H 0.00% as they perform better in a lower crude palm oil (CPO) environment.