Berita Arkib

Government is in advanced discussions with the International Fund for Agricultural Development (IFAD) to extend the oil palm project beyond Kalangala district.

KUALA LUMPUR: The average prices of Bursa Malaysia’s crude palm oil (CPO) are expected to move between RM2,450 and RM2,500 per tonne this year, said Phillip Futures Sdn Bhd derivatives dealer, David Ng.

At Gainesville's Depot Park, a local non-profit organization marched to raise awareness about the dangers of palm oil. Here's a look into why marchers say palm oil production is something you could care about.

Indonesia - In Indonesia, palm oil is a hot industry in more ways than one. In 2015 alone, it contributed USD 20.75 billion to the country’s export revenue. Oil palm plantations cover more than 14 million hectares of the country and, together with Malaysia’s, dominate the global market.

Non-profit Mighty Earth found out that the agribusiness conglomerate may have since 2017 degraded more than 30 square kilometers of pristine forest to build logging roads in one of its timber concessions.

Speaking at the 16th ASEAN Economic Ministers (AEM)-EU Trade Commissioner Consultations in Singapore on Friday, Trade Minister Enggartiasto Lukita outlined the desired impact a free trade agreement (FTA) between ASEAN and the European Union would have on small and medium enterprises (SMEs) and the palm oil industry.

KUANTAN: Prime Minister Najib Razak told Felda settlers yesterday that they will face difficulties marketing their oil palm harvests if the opposition were to win the 14th general election.

Malaysian crude palm oil (CPO) demand is expected to pick up ahead of the export tax resumption as overseas buyers stock up before the zero-duty period ends in early April.

Joining the wave of what the industry has described as a “negative campaign” against palm oil, three documentaries on oil palm plantations have been released and two of them have garnered international recognition.

Malaysian palm oil futures rose for a third consecutive session on Wednesday evening, reversing losses seen in early trade, as news that Indonesia had won an appeal against the European Union in a trade dispute over biodiesel lifted the market.

KUALA LUMPUR (March 22): Malaysia, the world's second-largest palm oil producer after Indonesia, set its crude palm oil export tax at 5.0% in April, after a three-month duty suspension implemented at the start of the year, according to a government circular on Thursday.

A new report from the campaign group claims that despite commitments made under the Consumer Goods Forum (CGF) to protect forests and limit climate change by cleaning up global commodity supply chains by 2020, a number of companies remain unwilling to disclose even basic information needed to turn the pledge into reality.