Archived News

01/11/2023 (New Straits Times), Kuala Lumpur - Issues surrounding the palm oil industry and cooperation in several industries, including artificial intelligence (AI) development, were among several matters discussed when Prime Minister Datuk Seri Anwar Ibrahim received a courtesy call from his Dutch counterpart, Mark Rutte, at the Seri Perdana Complex in Putrajaya near here today.

01/11/2023 (Free Malaysia Today), Bangi - The Netherlands has agreed to support Malaysia at the second meeting on the European Union’s Deforestation-free Products Regulation (EUDR) this December, says deputy prime minister Fadillah Yusof.

01/11/2023 (The Edge Malaysia) - Cooking oil traders are meticulously sifting through weather maps and production data for Indonesia in a quest for clues on how severely El Niño will dry out palm oil plantations in the world’s top supplier.

01/11/2023 (Business Recorder), Singapore - Malaysian palm oil futures fell for a second consecutive session on Tuesday, weighed down by concerns over rising stockpiles and weakness on the Dalian.

30/10/2023 (Jakarta Globe), Jakarta - Indonesia is telling Lithuania that its palm oil is sustainable, while saying that its top commodity has met the national sustainability standards.

31/10/2023 (Argus Media) - Japanese renewable power developer Renova has postponed the start-up of its 75MW Ishinobaki Hibarino biomass-fired power plant to January 2024, as it takes more time than expected for the final adjustment of boiler and turbine facilities.

31/10/2023 (Vietnam Plus), Jakarta - Indonesia and the Netherlands announced a Plan of Actions (PoA) of the Comprehensive Partnership for 2024-2025, which will serve as a roadmap for continued partnership and collaboration between the two nations, in Jakarta on October 31.

30/10/2023 (Free Malaysia Today), Kuala Lumpur - Malaysia is planning to work with foreign scientists and experts to boost the country’s palm oil image at the international level.

30/10/2023 (New Straits Times), Kuala Lumpur - Nearly 500,000 smallholders in the country is expected to be connected to a platform that will trace transactions, helping them to comply with the criteria and traceability requirements for sustainability certification.

30/10/2023 (The Sun), Kuala Lumpur – The Malaysian Palm Oil Board (MPOB) has approved RM983,000 to117 oil palm smallholders, with a maximum value of RM16,250, until August 2023 to finance agricultural input loans for fertilisers, pesticides and seeds.

30/10/2023 (New Straits Times), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives are expected to trade with a downside bias this week as traders stay cautious over possible rising stock.

30/10/2023 (Confectionery Production) - Cargill has confirmed that from this month it is ceasing offering conventional palm oil in its US portfolio of products, which includes applications for confectionery, as it moves to offer the key ingredient through certified Roundtable for Sustainable Palm Oil (RSPO) sourcing, writes Neill Barston.