Archived News

The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) signed by President Jokowi and Prime Minister Scott Morrison on Monday (Feb 10) is to build a stronger and broader framework for the two countries to unlock their vast potential, fostering economic cooperation between businesses, communities and people.

Sime Darby Plantation, the world's largest palm oil planter, has suspended a supplier for failing to meet its environmental standards and identified 54 others as "high-risk" in Malaysia and Indonesia in recent months as it fights against deforestation

In a move that could disprove the perception that India’s trade policy has lately tilted towards protectionism, the government has stepped up efforts to forge “balanced” bilateral free trade agreements (FTAs) with some of its major and potentially growing trading partners

Malaysian palm oil futures fell more than 2% on Tuesday, weighed down by weak demand from top buyers India and China and expectations of higher production in February

The Malaysian Palm Oil Board (MPOB) is exploring palm oil-based medium-chain triglycerides (MCT) as an anti-viral property, with the aim to boost the immune system to protect from the 2019 novel coronavirus (2019-nCoV) attack, director-general Dr Ahmad Parveez Ghulam Kadir said.

Oil prices rose about 1% on Tuesday, up from 13-month lows as the number of new coronavirus cases slowed in China, easing some concern over the potential for lengthy oil demand destruction.

Malaysia’s export demand for crude palm oil (CPO) remains under pressure as can be seen in January’s CPO exports dropping by 27.6 per cent year on year (y-o-y) to 1.2 million metric tonne (MT) levels.

Malaysia can take a leaf from Japan's success story in practicing trade openness via a competitive market, rather than resort to protectionism, said a leading Japanese economis

The Indonesian Biodiesel Producers Association (APROBI) has said it will start the trial use of 40 percent biodiesel (B40) fuel in March, as a follow-up to the successful implementation of 30 percent biodiesel (B30) fuel.

his Union budget has sought to increase customs duties on a range of products. This is, perhaps, keeping GoI’s ‘Make in India’ initiative in mind. It has also sought to introduce a new provision, Section 28DA, in the Customs Act to tighten imports under free and preferential trade agreements (FTAs and PTAs).

Sime Darby Oils (SDO) and Universiti Kebangsaan Malaysia (UKM) will carry out clinical trials to find out if the palm oil derived Tocotrienols can be used in treating non-alcoholic fatty liver disease (NAFLD).

Smallholding palm oil farmers are no strangers to being made a scapegoat for forest destruction across Indonesia. But deep in the heartland of North Sumatra, the farmers show that with the right skills and knowledge, they can also become frontline guardians of the forest