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Malaysia’s total palm oil stocks rise 7.48% to 2.82 million tonnes in August — MPOB
CPO prices seen at RM4,400-RM4,600 on tighter supply
Palm retreats from 21-month high on stock outlook, weak exports
Palm slips over 1% on weaker soyoil, bearish MPOB data
2nd phase of China-Pakistan FTA comes into effect
The second phase of China-Pakistan Free Trade Agreement has come into effect, allowing Pakistani manufacturers and traders to export over three hundred new products on zero duty to the Chinese market.
Hong Kong good launchpad for China's BRI
A senior Hong Kong official is advocating using the special administration region (SAR) as a launchpad for Malaysian companies tapping into China’s Belt and Road Initiative (BRI) projects
Japan should think twice on RCEP
In an interview on November 29, Japan's Deputy Minister for Economy, Trade and Industry Hideki Makihara indicated that Japan may refrain from signing an India-less Regional Comprehensive Economic Partnership (RCEP)
Bring tax clarity to export of services
The needless uncertainty faced by India’s business process outsourcing industry, also called the information technology enabled services (ITeS), must end. The GST Council needs to clarify at the earliest what constitutes exports and therefore should not be charged GST
2 Japanese firms want to convert oil palm waste to energy
Two Japanese firms, with interest in renewable biomass energy, are expected to invest close to RM300 million in Sabah’s Lahad Datu Palm Oil Industrial Cluster (POIC).
POIC Lahad Datu attracts RM300m investment from Japan, says Sabah CM
Sabah’s trade mission to Japan led by Chief Minister Datuk Seri Mohd Shafie Apdal has been successful, with two energy firms already expressing their interest to invest in the state’s renewable energy sector, particularly biomass.
Export to India increases
Exports to India have increased. The export to India has gone up by 35.8 per cent in the three months of the current fiscal year.
Palm oil’s surge in India likely to come to an end, says report
India, the world’s biggest buyer, will shift some purchases to other edible oils this winter after palm’s surge of about 30% from last month’s low.
Malaysian palm oil reverses losses on tight supply
Malaysian palm oil futures reversed earlier losses to trade over 1% higher on Thursday after Indonesia announced its plan for a biodiesel push to reduce fossil fuel use by 165,000 barrels per day (bpd) and as supply outlook dimmed.
