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The withdrawal of India from the negotiations for the Regional Comprehensive Economic Partnership free trade deal (RCEP), which has involved the participation of 16 countries including Japan, China, South Korea and members of the Association of Southeast Asian Nations (Asean), is seemingly coming closer to reality.

Indeed, Sabah’s revenue sources are a cause for concern looking at Sabah’s current state of affairs - no significant development has taken place since the 2019 state budget. What’s more worrying is the 2020 budget is likened to a “regressive” budget.

In a statement issued today (December 7, 2019) they explained that the growing rate of land grabbing and deforestation for agro commodities expansion especially oil palm plantations in Africa is unacceptable and that the RSPO is green wash.

Singapore could become the world's first country to only use sustainable palm oil as part of a green push to tackle forest fires and air pollution blighting South-East Asia

PUTRAJAYA: The Malaysian Palm Oil Board (MPOB) has defended participants in the local industry against critics who, he says, seem to liken them to the ranchers of the Wild West

The Indonesian government has criticized a CNN International special report that said the world’s demand for palm oil ignited a climate bomb not only in the country but also in the world.

Malaysian palm oil stockpiles likely fell to the lowest in more than a year in November, as production fell over 10% during the month, a Reuters survey showed on Thursday.

Kuala Lumpur: The Ministry of Primary Industries (MPI) is raring to confront the European Union (EU) on its palm oil discrimination, through filing Malaysia’s case with the World Trade Organisation (WTO).

KUALA LUMPUR (Dec 5): The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives remained high at the close today, tracking the higher crude oil price which increased by 0.49 percent to trade at US$63.31 per barrel.

Malaysian palm oil futures gained 1.6% to reach a two-year high on Thursday, underpinned by a weaker ringgit and prospects of tighter supplies next year. A weaker ringgit, palm's currency of trade, usually makes the edible oil cheaper for foreign buyers. The ringgit was down 0.2% against the dollar.

KUALA LUMPUR (Dec 6): TA Securities Holdings Bhd has maintained its “Neutral” call on the plantation sector on recovering crude oil prices prompted by Indonesia’s aggresive biodiesel push and favours Sime Darby Plantation Bhd (target price: RM5.72 per share) as its stock pick.

Malaysia’s Sime Darby plans to sell its palm oil concession in Liberia to a local manufacturer, a Liberian government minister said on Thursday, following subpar financial results due largely to stricter environmental standards.