Archived News
24-10-2019
Oil palm smallholders biggest losers in tiff with India, says Kadir Jasin
PETALING JAYA: Prominent blogger A Kadir Jasin said the boycott threat on Malaysian palm oil by India could hurt Felda settlers and smallholders.
24-10-2019
Introduction of B20 biodiesel timely when palm oil industry facing challenges: Teresa Kok
Next year’s implementation of B20 biodiesel for the transportation sector is timely at a time when the country’s palm oil industry is facing trying times, in addition to the European Union’s (EU) ongoing discriminatory acts against the vital commodity, said Teresa Kok (above).
24-10-2019
No word on India boycott
KUALA LUMPUR: Malaysia has yet to receive any diplomatic note from India regarding calls to boycott Malaysian palm oil products, says Deputy Foreign Minister Datuk Marzuki Yahya.
24-10-2019
MPI calls on India’s SEA to withdraw palm oil advisory
THE Ministry of Primary Industries (MPI) has called on the Solvent Extractor’s Association (SEA) of India to withdraw its decision to halt palm oil trading with Malaysia.
24-10-2019
Traders use SAFTA to reroute palm oil through Bangladesh, Nepal: SEA
The Solvent Extractors’ Association of India (SEA), the apex body of the vegetable oil trade, has called upon the government to look for ways to end indirect sourcing of palm oil and soyoil from Nepal and Bangladesh under cover of the South Asian Free Trade Agreement (SAFTA).
23-10-2019
Malaysia warns new EU rules could hurt palm oil used in food
KUALA LUMPUR: Malaysia, the world’s second largest producer and exporter of palm oil, warned on Tuesday against new European Union (EU) rules that could hurt demand for a commodity used in foods from snacks to chocolate spread, threatening a US$60-billion industry.
23-10-2019
Mahathir refuses to retract comments on Kashmir, even as Indian companies plan to stop buying Malaysian palm oil
Mahathir said he will not take back his comments on Kashmir, even after India’s oil seed companies threaten to stop buying palm oil from the country. Reuters
23-10-2019
Malaysia may lose palm oil market share to Indonesia amid India boycott calls
PETALING JAYA: Malaysia may lose market share to Indonesia in the short term after a call by India’s top vegetable oil trade body to boycott Malaysian palm oil.
23-10-2019
Palm oil group offers reward for information on Sabah pygmy elephant killer
KUCHING: The Roundtable on Sustainable Palm Oil (RSPO) has condemned the latest killing of a Borneo pygmy elephant in Sabah, and offered a RM50,000 reward for information leading to the arrest of the culprit.
23-10-2019
Indonesia Sees Increase in Palm Oil Production, Exports
Jakarta. Indonesia's crude palm oil production rose by 14 percent to 34.7 million metric tons in the first eight months of 2019, from the same period last year, while exports of the commodity increased by 3.8 percent to 22.7 million tons, according to data provided by an industry group.
23-10-2019
Shun Malaysia, palm oil buyers told amid Kashmir standoff
Top vegetable oil trade body called on Tuesday for the government to close a South Asian regional free-trade pact loophole it said had been used to circumvent tax by re-routing palm oil and soyoil imports through Nepal and Bangladesh.
23-10-2019
Indian trade body calls for end to duty free edible oil import loophole
MUMBAI: India's top vegetable oil trade body called on Tuesday for the government to close a South Asian regional free-trade pact loophole it said had been used to circumvent tax by re-routing palm oil and soyoil imports through Nepal and Bangladesh.