Archived News
26-01-2024
Improving traceability of sustainable palm oil
26/01/2024 (The Star Online) - PALM oil exports were a challenging, high-profile issue for Indonesian diplomats in 2023, particularly concerning European Union (EU)-Indonesia trade deal negotiations and the EU Deforestation Regulation (EUDR) that have caused unhappiness at the highest levels.
26-01-2024
Benchmark for Sabah oil palm sustainability
25/01/2024 (Daily Express), Kota Kinabalu - The Sabah Jurisdictional Approach for Sustainable Palm Oil (Jaspo) Initiative is developing a system to monitor the progress and impacts of jurisdictional approach to Sabah.
26-01-2024
Malaysia’s palm oil harvest gets boost from foreign worker move
24/01/2024 (The Edge Malaysia), Kuala Lumpur - Palm oil output in Malaysia, the number two supplier, could rise 5% this year after the government allowed plantations to hire foreign workers, said Joseph Tek, chief executive of the Malaysian Palm Oil Association.
26-01-2024
Malaysia's POME exports to EU soar in 2023 on healthy waste feedstocks demand
25/01/2024 (S&P Global) - Malaysia's exports of palm oil mill effluent, or POME, climbed in 2023 from a year ago, fueled by healthy demand for waste-derived feedstocks for biodiesel production in the EU, according to the Malaysian Palm Oil Council.
24-01-2024
Commerce ministry recommends cutting import duties on cooking oil, sugar, dates ahead of Ramadan
23/01/2024 (BD News) - The Ministry of Commerce has recommended cutting customs duties on cooking oil, sugar and dates ahead of Ramadan based on demands from traders.
24-01-2024
Decision to freeze import duty on edible oil will impact goal of achieving ‘Aatma Nirbharta’: Solvent extractors
23/01/2024 (The Hindu Business Line) - The Solvent Extractors’ Association of India (SEA) has said the nation could move further away from achieving the objective of ‘Aatma Nirbharta’ in edible oils, following its decision to freeze import duties.
24-01-2024
Malaysia sets up RM100mil fund for smallholders to replant palm oil
24/01/2024 (New Straits Times), Bangi - The government, through the Ministry of Finance and Agriculture and Commodities Ministry, has established a special fund for the Smallholder Palm Oil Replanting Financing Incentive Scheme (TSPKS 2.0).
24-01-2024
MPOA: Entry of foreign workers to plantation industry set to generate RM4B revenue
23/01/2024 (The Sun), Kuala Lumpur - KUALA LUMPUR: Malaysia’s palm oil industry is set to generate RM4 billion in revenue if half of the indicated 40,000 foreign workers needed by the sector are allocated harvesting duties, said the Malaysian Palm Oil Association (MPOA).
24-01-2024
Kedah Domestic Trade Ministry seizes cooking oil, LPG in Kulim
22/01/2024 (Malay Mail), Alor Setar - Kedah Domestic Trade and Cost of Living Ministry (KPDN) seized 466 one-kilogramme (1kg) packets of cooking oil and 13 cylinders of liquified petroleum gas (LPG) in two separate raids in Kulim yesterday.
24-01-2024
Palm oil firms on weaker ringgit, supply worries
23/01/2024 (XM), Singapore - Malaysian palm oil futures roseon Tuesday amid inclement weather in the country, recouping some of the losses from the previous session as a weaker ringgit supported prices, although declines in rival oils capped gains.
23-01-2024
Reducing GHG emission a priority for palm oil industry
IN the growing concern over the climate crisis, a key parameter closely watched is the emission of greenhouse gases that drive global warming, the single most important factor fueling climate change. The principal gas is carbon dioxide. But there are other gases which are multiple times more potent in their global warming potential.
23-01-2024
New indicators for Sabah to progress towards sustainable palm oil development
KOTA KINABALU: The Sabah Jurisdictional Approach for Sustainable Palm Oil (JASPO) Initiative has come up with new indicators for sustainable palm oil development during a workshop at a hotel here recently.