Archived News

KUALA LUMPUR: Oil palm landowners with land over 100 acres risk getting their licence revoked if they fail to secure the Malaysian Sustainable Palm Oil (MSPO) Certification from next year onwards, says Primary Industries Minister Teresa Kok.

KUALA LUMPUR: As haze blanketed large tracts of Southeast Asia last month, office workers with Genting Plantations Bhd in Jakarta were investigating the source of the choking smoke more than a 1,000km away.

AS we know, palm oil has brought a great deal of wealth to the country and its people for quite some time now.

THE Council of Palm Oil Producing Countries (CPOPC) wants to fight discriminatory measures against palm oil through an “aggressive joint counter-campaign”.

KUALA LUMPUR: Prime Minister Dr Mahathir Mohamad today refuted claims that oil palm plantations are a major cause of deforestation, saying the crop is mainly planted in designated agricultural land.

KUALA LUMPUR (Reuters) - The Malaysian palm oil industry is facing “significant challenges” in complying with a national green certification standard by next year, with over a third of plantations yet to meet the sustainability standards, officials said on Monday.

Its Makouke plantation is the fourth to receive an RPSO certification. Olam International received a Roundtable on Sustainable Palm Oil (RPSO) certification for all of its palm plantations in Gabon by 2021, according to a press release.

KUALA LUMPUR (Nov 18): Three palm oil producing countries, namely Nigeria, Papua New Guinea (PNG) and Honduras, are expected to join the Council of Palm Oil Producing Countries (CPOPC) in the near future.

NEW DELHI: Palm oil futures advanced to trade near a two-year high, with firmer petroleum prices and a rise in rival soybean oil supporting the market.

KUALA LUMPUR: The Roundtable on Sustainable Palm Oil (RSPO) will take corrective measures if the allegations against the certification watchdog, including that it is giving false environmental credibility to its products, are proven true.

PARIS (Nov 18): France's parliament on Friday voted to remove tax breaks for the use of palm oil as a biofuel, a day after a ruling in favour of maintaining the advantage led to howls of protests from environmentalists.

India’s palm oil imports climbed 8% in the marketing year ended Oct. 31 compared with the same period a year earlier as buying of refined palm oil from Malaysia surged after New Delhi reduced import tax on the oil, a leading trade body said.