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The Pongo Alliance, an alliance of oil palm growers, businesses and conservation practitioners, is developing guidelines for best management practices (BMP) to support sustainable palm oil production that includes safe spaces for wild orangutans outside of the protected areas.

Indonesia and 14 other negotiating countries agreed Tuesday to sign the Regional Comprehensive Economic Partnership (RCEP) this year to help their economies recover from the pandemic-induced downturn.

Oil futures traded lower in Wednesday’s early trade after US crude stockpiles grew more than expected, adding to worries about oversupply.

With demand for crude oil dropping sharply, leading to a steep fall in crude oil prices, the viability of the biodiesel business has also weakened significantly, putting both Malaysia and Indonesia’s biodiesel mandates under pressure.

Malaysian palm oil futures fell for a second straight session on Thursday, after crude prices plunged overnight and as investors awaited export data.

In order to prevent carbon-intensive industries in a particular country moving abroad to economies that do not tax or otherwise put a price on emissions, imports attract tariffs at a rate that adjusts for that cost advantag

After five years of often back breaking work on a Malaysian palm oil plantation, Bangladeshi national Babul told his employer this month he was ready to call it quits

Singapore and other stakeholders have reiterated their commitment to sign the Regional Comprehensive Economic Partnership (RCEP) mega trade deal this year, despite the turmoil stemming from the Covid-19 pandemic.

Three oil palm processing plants were among 330 factories nationwide, which have been subjected to enforcement action, Environment Department (DoE) director-general Norlin Jaafar said.

Malaysian palm oil futures shed early gains on Tuesday as traders feared that the surge in demand and exports would eventually lose steam if there is a second wave of COVID-19.

Plantation experts, who attended the web-based palm oil internet seminar (Pointers), have mixed views on the crude palm oil price (CPO) outlook, following Covid-19 that would continue to slowdown the demand for the commodity globally, Public Investment Bank said.

The exports of Malaysian crude palm oil (CPO) to the African continent are expected to increase to about nine million tonnes this year, compared with six million tonnes over the last decade, said 3XG UK Consulting Limited.