Archived News

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

Banning palm oil in favour of other vegetable oils deemed less destructive to the environment, could lead to greater biodiversity losses, according to a report.

A business engagement campaign led by NGO People’s Movement to Stop Haze aims to convert all of the city-state’s palm oil users to the sustainable variety. It won’t be easy, with palm oil’s poor image and the perceived high cost of green palm among numerous obstacles.

The value of India's edible oil imports in the first six months of the current financial year dropped almost 19 percent, the Commerce and Industry Ministry said.

KOTA KINABALU: Tokyo-based Blue Capital Management Ltd will invest RM100 million to start a biomass energy plant in Sabah’s Lahad Datu Palm Oil Industrial Cluster (POIC).

Telangana is the second largest producer of palm kernels in the country with a an annual production of 80,000 tonnes, even though the State could produce 1.8 lakh tonnes out of the 3 lakh tonnes of oil produced in the State

Malaysian palm oil futures extended gains into a second session on Wednesday despite some profit taking, as a weaker ringgit supported prices.

JAKARTA (Dec 3): Indonesia will hold the export tax for crude palm oil (CPO) at zero and for cocoa beans at 5% for December, the trade ministry said in a statement on Tuesday.

Solidaridad, an International Non-Governmental Organisatin (INGO), has declared that it will assist Nigeria to recover lost grounds in palm oil production by repositioning the country to become a major player in the global oil palm market.

[JAKARTA] Indonesia plans to start producing green diesel from palm oil in 2022, with output estimated at 3.7 million kilolitres, a senior official in the Energy and Mineral Resources Ministry said on Tuesday.

KOTA KINABALU (Dec 3): Sabah is going all out to woo Japanese companies in teaming up with the state to capitalise on the latter’s fledgling palm oil industry.

KUALA LUMPUR: The Roundtable on Sustainable Palm Oil (RSPO) announced today that its chief operating officer (COO) Bakhtiar Talhah, will assume the role of the interim chief executive officer (CEO), effective today.