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MARKET DEVELOPMENT  
  20-11-2019

Malaysian palm oil to meet new EU food safety levels by 2021 –minister

KUALA LUMPUR, Nov 19 (Reuters) - Malaysia, the second-biggest producer and exporter of palm oil after Indonesia, will enforce regulations to ensure that by 2021 its palm oil meets new food safety standards under consideration by the European Union, a minister said on Tuesday.

MARKET DEVELOPMENT  
  20-11-2019

SE Asia Stocks-Malaysia falls as new palm oil rules set to kick in; others edge lower

Most Southeast Asian stock markets fell on Tuesday as lack of significant progress in U.S.-China trade talks kept investors on the edge, while Malaysia slipped after the government announced new food safety standards for its vital palm oil industry.

MARKET DEVELOPMENT  
  20-11-2019

Malaysia must take countermeasures against palm oil trade barriers: Mahathir

KUALA LUMPUR: Malaysia must not stay silent nor hesitate to take countermeasures if importing countries choose to impose discriminatory trade barriers against palm oil-producing countries, said Prime Minister Tun Dr Mahathir Mohamad (pix).

MARKET DEVELOPMENT  
  20-11-2019

Licences to be revoked if oil palm landowners fail to get MSPO cert next year

KUALA LUMPUR: Oil palm landowners with land over 100 acres risk getting their licence revoked if they fail to secure the Malaysian Sustainable Palm Oil (MSPO) Certification from next year onwards, says Primary Industries Minister Teresa Kok.

MARKET DEVELOPMENT  
  19-11-2019

Reinventing palm oil with drones

KUALA LUMPUR: As haze blanketed large tracts of Southeast Asia last month, office workers with Genting Plantations Bhd in Jakarta were investigating the source of the choking smoke more than a 1,000km away.

MARKET DEVELOPMENT  
  19-11-2019

Doing more for palm oil's sustainability

AS we know, palm oil has brought a great deal of wealth to the country and its people for quite some time now.

MARKET DEVELOPMENT  
  19-11-2019

Palm oil producers call for ‘aggressive’ approach to combat discrimination

THE Council of Palm Oil Producing Countries (CPOPC) wants to fight discriminatory measures against palm oil through an “aggressive joint counter-campaign”.

MARKET DEVELOPMENT  
  19-11-2019

Dr M refutes oil palm-deforestation link

KUALA LUMPUR: Prime Minister Dr Mahathir Mohamad today refuted claims that oil palm plantations are a major cause of deforestation, saying the crop is mainly planted in designated agricultural land.

MARKET DEVELOPMENT  
  19-11-2019

Malaysia says palm oil industry challenged to meet green standards by 2020

KUALA LUMPUR (Reuters) - The Malaysian palm oil industry is facing “significant challenges” in complying with a national green certification standard by next year, with over a third of plantations yet to meet the sustainability standards, officials said on Monday.

MARKET DEVELOPMENT  
  19-11-2019

Olam wins sustainable palm oil certification in Gabon

Its Makouke plantation is the fourth to receive an RPSO certification. Olam International received a Roundtable on Sustainable Palm Oil (RPSO) certification for all of its palm plantations in Gabon by 2021, according to a press release.

MARKET DEVELOPMENT  
  19-11-2019

Three countries expected to become CPOPC members soon

KUALA LUMPUR (Nov 18): Three palm oil producing countries, namely Nigeria, Papua New Guinea (PNG) and Honduras, are expected to join the Council of Palm Oil Producing Countries (CPOPC) in the near future.

MARKET DEVELOPMENT  
  19-11-2019

Palm oil futures climb toward 2-year high on petroleum, soyoil

NEW DELHI: Palm oil futures advanced to trade near a two-year high, with firmer petroleum prices and a rise in rival soybean oil supporting the market.