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MARKET DEVELOPMENT
20-11-2019

Malaysia seeks intervention from WTO on palm oil issue

KUALA LUMPUR: Malaysia and other countries under the Council of Palm Oil Producing Countries (CPOPC) will seek intervention from the World Trade Organisation to safeguard the palm oil sector.

MARKET DEVELOPMENT
20-11-2019

Palm oil producers to set up fund to fight critics

Palm oil producers will set up a joint fund to counter critics of the industry, a Malaysian government official said on Tuesday, amid growing scrutiny of a commodity which is accused of causing widespread environmental damage.

MARKET DEVELOPMENT
20-11-2019

India will always be dependent on Malaysia for palm oil â€” expert

KUALA LUMPUR (Nov 19): India will always be dependent on Malaysia for palm oil, as it is the cheapest edible oil in the world.

MARKET DEVELOPMENT
20-11-2019

Malaysia to levy additional 1-ringgit tax on palm oil next year

Income to fund reforestation, wild life conservation, boost sustainable farming KUALA LUMPUR (Nikkei Markets) -- Malaysia plans to levy from next year an additional one ringgit ($0.24) tax per metric ton of crude palm oil produced in the country to channel such income to a proposed fund aimed at financing reforestation and wildlife conservation as the world's second largest producer of the commodity ramps up efforts to boost sustainable palm plantation.

MARKET DEVELOPMENT
20-11-2019

Biotech: Plants, pathogens and perseverance

When Ivan Hoh and Yap Soon Joo graduated from university in the mid-2000s, having bought into the governmentâ€™s avowed interest in biotechnology, they realised that it had been a lot of hot air.

MARKET DEVELOPMENT
20-11-2019

US-China trade pessimism, high soybean oil send BO-HO factor to 20-month high

Houston â€” The BO-HO factor, an indicator describing the relationship between feedstock soybean oil and blendstock heating oil pricing used by the biodiesel industry to gauge costs and margins, finished Tuesday's session at a 20-month high.

MARKET DEVELOPMENT
20-11-2019

Malaysian palm oil to meet new EU food safety levels by 2021 â€“minister

KUALA LUMPUR, Nov 19 (Reuters) - Malaysia, the second-biggest producer and exporter of palm oil after Indonesia, will enforce regulations to ensure that by 2021 its palm oil meets new food safety standards under consideration by the European Union, a minister said on Tuesday.

MARKET DEVELOPMENT
20-11-2019

SE Asia Stocks-Malaysia falls as new palm oil rules set to kick in; others edge lower

Most Southeast Asian stock markets fell on Tuesday as lack of significant progress in U.S.-China trade talks kept investors on the edge, while Malaysia slipped after the government announced new food safety standards for its vital palm oil industry.

MARKET DEVELOPMENT
20-11-2019

Malaysia must take countermeasures against palm oil trade barriers: Mahathir

KUALA LUMPUR: Malaysia must not stay silent nor hesitate to take countermeasures if importing countries choose to impose discriminatory trade barriers against palm oil-producing countries, said Prime Minister Tun Dr Mahathir Mohamad (pix).

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