Archived News

Spokesperson for the Sindh government and Adviser to Sindh Chief Minister on Law, Climate Change, Environment and Coastal Development Barrister Murtaza Wahab has said that following the vision of Benazir Bhutto, the incumbent Sindh government is successfully moving towards turning the coastal region of the province, especially Thatta, into an economic game changer for the country.

With India at nearly 70 per cent import dependence for edible oils, the country would continue to buy refined palm oil from Malaysia despite the proposal by its government to further increase import taxes, a move that it believes would lift local processing and cut dependence on overseas purchases, says an analyst.

Malaysian palm oil futures retreated after touching a 19-month high earlier on Thursday, as the ringgit gained and as panic buying emerged due to an expected supply shortage died down

The recent dispute between the Malaysian prime minister and the Indian palm oil industry shows how quickly nationalist language can threaten to derail trade relations and prevent conversations about human rights abuses

Farmer organisations from across India have called for protests against the Regional Comprehensive Economic Partnership (RCEP), with some even threatening to block essential supplies.

Haze due to forest fires in top palm oil producer Indonesia has likely affected the quality of palm fruits and production of the vegetable oil this year, a leading industry analyst James Fry said on Thursday.

Indonesia, the world’s biggest palm oil producer, plans to create a new agency to conduct independent audits to bolster credibility in its palm oil sustainability certification, the country’s deputy coordinating minister of economic affairs said

The Cabinet has approved a proposal for a new regulation to ban negative labels against palm oil from being displayed on products in the market, says Domestic Trade and Consumerism Minister Datuk Seri Saifuddin Nasution Ismail.

Vice President Ma'ruf Amin has called on the Agriculture Ministry to realize the palm oil replanting program in a bid to enhance productivity and competitiveness of Indonesia's palm oil

The Council of Palm Oil Producing Countries (CPOC) sees the demand for palm oil-based biodiesel increasing by five million tonnes next year, hence pushing up palm oil prices, said its executive director Tan Sri Dr Yusof Basiron.

The Indonesian Palm Oil Association (GAPKI) opined that despite the low prices currently, there will be an improvement in the crude palm oil (CPO) price.

HE Roundtable on Sustainable Palm Oil (RSPO) has certified 3.89 million hectares (ha) of oil palm plantation in June 2019, a 22% increase from a year ago.