PALM NEWS MALAYSIAN PALM OIL BOARD Monday, 25 Nov 2024

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MARKET DEVELOPMENT  
  09-11-2023

PM Anwar launches system to ease transactional data management along palm oil supply chain

08/11/2023 (Malay Mail) - Prime Minister Datuk Seri Anwar Ibrahim today launched the Sawit Intelligent Management System (SIMS) which is designed to facilitate transactional data management along the palm oil supply chain.

MARKET DEVELOPMENT  
  09-11-2023

Work with oil palm smallholders and incentives may increase, PM tells industry players

08/11/2023 (The Star Online), Kuala Lumpur - The allocation of incentives for oil palm replanting programmes may be increased if companies working in the industry can prove that they will work with smallholders, says Datuk Seri Anwar Ibrahim.

MARKET DEVELOPMENT  
  09-11-2023

Almost all palm oil estates, mills operating in Malaysia MSPO certified

08/11/2023 (New Straits Times), Kuala Lumpur - Almost 100 per cent of palm oil estates and mills operating in the country have obtained the Malaysian Sustainable Palm Oil (MSPO) certification.

MARKET DEVELOPMENT  
  09-11-2023

DPM Fadillah aims to strengthen trade in palm oil during China visit

08/11/2023 (Malay Mail), Kuching - Deputy Prime Minister Datuk Seri Fadillah Yusof is looking to strengthen trade in commodities, particularly palm oil, between Malaysia and China during his official visit to the republic starting this Sunday.

OILS & FATS  
  09-11-2023

Fadillah: Local palm oil industry sees remarkable growth, transformation over the decades

08/11/2023 (The Borneo Post Online), Kuala Lumpur - The local oil palm industry has witnessed remarkable growth and transformation over the past few decades, driven by cutting-edge technologies and innovations developed by the Malaysian Palm Oil Board (MPOB) and palm oil industry players in promoting sustainable production practices and increasing oil palm yields.

MARKET DEVELOPMENT  
  09-11-2023

Govt proposes synergy between smallholders and big players to boost palm oil production — PM

08/11/2023 (The Edge Malaysia), Kuala Lumpur - The government has proposed a possible synergy between smallholders and major companies to boost palm oil production, said Prime Minister Datuk Seri Anwar Ibrahim.

MARKET DEVELOPMENT  
  09-11-2023

Anwar calls for EU Deforestation-free Regulation to be implemented fairly

08/11/2023 (The Edge Malaysia), Kuala Lumpur - The government has urged for the European Union Deforestation-free Regulation (EUDR) implementation to be carried out in a fair and balanced manner, said Prime Minister Datuk Seri Anwar Ibrahim.

MARKET DEVELOPMENT  
  09-11-2023

VEGOILS-Palm oil gains on signs on robust Chinese demand, weak crude oil prices weigh

08/11/2023 (Nasdaq), Singapore - Malaysian palm oil futures rose on Tuesday, supported by robust soybean imports to China and indications of strong demand, though gains were limited by sluggish crude oil performance.

MARKET DEVELOPMENT  
  08-11-2023

Switching palm oil waste into sustainable goldmine

07/11/2023 (The Star Online) - IN a world standing at the precipice of environmental catastrophe, the clarion call for sustainable practices and resource efficiency has never been louder.

MARKET DEVELOPMENT  
  08-11-2023

Pay no heed to critics of palm oil

07/11/2023 (New Straits Times) - Members of parliament recently raised the question of whether we are doing enough to address the endless criticisms levelled against palm oil. Such lines of questioning are a good sign that policymakers are showing concern.

MARKET DEVELOPMENT  
  08-11-2023

Malaysian palm oil declines on rising supply outlook

08/11/2023 (Hellenic Shipping News) - Malaysian palm oil futures closed lower on Tuesday for the third consecutive session, as prospects of higher supplies weighed on prices, although a weak ringgit limited losses.

MARKET DEVELOPMENT  
  08-11-2023

Focus on countering anti-palm oil campaigns in US, Europe, says MP

07/11/2023 (Free Malaysia Today), Kuala Lumpur - The government must focus its international lobbying efforts in Europe and the US to counter the global anti-palm oil campaigns, a government backbencher told the Dewan Rakyat.