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Thousands of schools in Malaysia and Indonesia were ordered shut Thursday amidst concerns about air quality. More than 1.7 million students have been sent home in response to toxic haze, a by-product of the forest fires that have been raging across the islands of Borneo and Sumatra since early last week.

Jakarta. The bilateral relationship between Indonesia and Belarus in the past 26 years has been relying on trade and people-to-people contact.

KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a profit-taking mode of between RM2,020 and RM2,080 per tonne next week, said a dealer. Interband Group of Companies senior trader Jim Teh said market sentiment was affected by US-China trade war and last week’s attacks on Saudi Arabian oil facilities.

JAKARTA: A palm oil industry group is investigating if fires in Indonesia and Malaysia causing hazardous smog that is now wreathing Southeast Asia are on plantations owned by its members, and will take action against them, it said on Friday.

The FBM KLCI ended 3.21 points or 0.2% lower today after the US Federal Reserve cut interest rates on Wednesday but indicated a higher bar to further reductions. The ringgit weakened against such sentiment.

The palm oil industry was responsible for at least 39% of forest loss in biodiversity-rich Borneo island between 2000 and 2018, data from an Indonesia-based research firm shows.

Oil palm smallholders’ revenue is expected to increase when they obtain their Malaysian Sustainable Palm Oil (MSPO) certification, said Primary Industries Deputy Minister Datuk Seri Shamsul Iskandar Mohd Akin.

Malaysian palm oil futures extended losses on Thursday due to a drop in related vegetable oils and weak exports, though a weaker ringgit restricted the downside.

Việt Nam will have to address some challenges in order to fully grasp the benefits of the EU

It is inaccurate to direct much of the blame for the recent haze in Southeast Asia towards the palm oil industry, as oil palm plantations are generally not the source of burning, according to the Council of Palm Oil Producing Countries (CPOPC).

As multilateral trade negotiations have become unworkable, regional and bilateral alternatives are on the rise. In Thailand's neighbourhood, the most consequential of these trade vehicles is the Regional Comprehensive Economic Partnership (RCEP)

Indonesia will prioritizes imports of buffalo meat, rice and raw sugar from India after the South Asian country adjusted crude palm oil (CPO) tariffs for its top two importers, Malaysia and Indonesia, earlier this month.