Archived News

PETALING JAYA: Primary Industries Minister Teresa Kok has enlisted support and commitment from Berjaya Corp Bhd (BCorp), via the group’s chairman Tan Sri Vincent Tan, as part of the ongoing Love My Palm Oil campaign.

Malaysia is unlikely to suffer any loss in its palm oil business from China, despite Beijing pledging to boost soybean purchases from the U.S. amid the trade war, according to the Southeast Asian nation’s trade chief.

French NGOs and multinational oil and gas company Total continue their arm-wrestling over the tax status of palm oil used in crop-based biofuels. EURACTIV France reports.

The Energy Ministry is preparing to adopt food traceability technology by June to prove that crude palm oil is locally produced and prevent smuggling from neighbouring countries, aiming to deal with the huge annual surplus.

Ferrero, Kaufland, L’Oréal, and Aldi are among the top performers globally when it comes to introducing sustainable, deforestation-free palm oil in their supply chains, according to the World Wildlife Fund (WWF) Palm Oil Buyers Scorecard.

KUALA LUMPUR: A brewing diplomatic spat between India and Malaysia has got an unusual victim in the crossfire – palm oil.

Malaysian palm oil futures eased on Tuesday, dragged down by uncertainty over output and concerns about lower exports to major customers China and India.

The WWF Palm Oil Buyers Scorecard 2020 has ranked Ferrero number one, recognising the consumer goods manufacturer as the most sustainable in the industry for its palm oil supply chain.

Average palm oil prices will surge 17.9% this year, a Reuters poll of industry participants showed, as reduced output in the first half of the year and higher biodiesel consumption in top producers Indonesia and Malaysia tighten the market.

New research has found preparing land for palm oil plantations and the growth of young plants causes significantly more damage to the environment, emitting double the amount of greenhouse gases than mature plantations.

Palm oil is a versatile and ubiquitous ingredient, found in several products we consume on a daily basis, like instant noodles, biscuits and cosmetics.

Golden Africa, the Yemeni company founded by Fouad Hayel Saeed, and a pioneer in industrial activity in Djibouti, has ambitions in the Horn of Africa, especially Ethiopia.