Archived News

The foundation for this unique project will be laid today at the Heart-of-Borneo-conference in Malaysia. The project will buy palm oil plantations, clear them in parts and reforest them with near-natural rainforest. In this way fragmented areas of rainforest can be joined up again. The aim is to link up key forest areas to minimise the threat of extinction of isolated wildlife populations.

SIME Darby Plantation Bhd (SD Plantation) is in talks for a potential sale of its operations in Liberia, as the world’s largest oil palm plantation company seeks ways to optimise its nonperforming palm and rubber operations in the West African country.

KUALA LUMPUR: If the European Union (EU) continues to discriminate against palm oil, Malaysia will retaliate by boycotting certain Euro­pean products, says Prime Minister Tun Dr Mahathir Mohamad.

PARIS: Several French parliamentarians and political leaders have admitted that the negative campaign by the European Union (EU) on Malaysian palm oil is unfounded, says Datuk Seri Dr Wan Azizah Wan Ismail.The Deputy Prime Minister said they expressed their views during a meeting here.

KUALA LUMPUR: If the European Union (EU) continues to discriminate against palm oil, Malaysia will retaliate by boycotting certain European products, says Prime Minister Tun Dr Mahathir Mohamad.

KUALA LUMPUR (March 20): Malaysian palm oil futures rose on Wednesday to a two-week high, buoyed by expectations of slowing production growth and improved exports, charting a fourth straight session of gains.

ABUJA – The Central Bank of Nigeria (CBN) appears. determined to restore the lost glory of the palm oil sector in Nigeria. The bank on Monday held a meeting with stakeholders in the sector including three state governors – Governor Okezie Ikpeazu of Abia, Udom Emmanuel of Akwa Ibom State and Godwin Obaseki of Edo States. The three states form the core of Nigeria’s palm oil belt.

JAKARTA: Indonesia threatened to ban imports of goods from the European Union in retaliation for the bloc’s move to impose stricter limits on how palm oil can be used in green fuels.

PETALING JAYA: A US-based environmental group has flagged a Malaysian palm oil group, accusing it of links to a palm oil concessionaire involved in logging near a Unesco World Heritage site in Sarawak.

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Amid low demand and the price decrease of crude palm oil (CPO) in the global market, President Joko “Jokowi” Widodo has advised oil palm tree growers to grow durian trees, as he believes the commodity has good prospects.

In a bid to settle its dispute with the European Union (EU) on crude palm oil (CPO), the Indonesian government is preparing to bring the case to the World Trade Organisation (WTO). Indonesian Trade Minister, Enggartiasto Lukita, expressed his concerns about the draft of a supplementing directive to EU Directive 2018/2001 on renewable energy, submitted by the European Commission on 12th March.