Berita Arkib

PETALING JAYA: Oil palm farmers and Felda settlers have collected thousands of signatures as a protest to the European Parliament’s resolution to ban palm oil from countries such as Malaysia and Indonesia from entering its market.

KUCHING: The European Union is urged to reconsider its decision to ban palm oil biofuels because this will adversely affect smallholders in Malaysia, said the Sarawak Oil Palm Plantation Owners Association (Soppoa).

Sarawakians should be aware of a looming threat to our essential palm oil exports that will potentially impact the state’s revenues and many of our communities.

PETALING JAYA: The European Union (EU) may have unfairly grouped Malaysia with countries that clear forests for oil palm cultivation, according to an economist.

Jakarta. The Indonesian Palm Oil Association, or Gapki, urged the government to revive its now defunct transmigration program, first implemented under former President Suharto, to empower rural farmers and enrich palm oil producing regions.

The oil palm plantations are holding out many advantages for farmers because of the lack of major pest problems and non-requirement of intensive labour and bulk water even as the final crop yields are expected to bring high returns. However, the crop has not expanded its footprint in rural areas to the desired extent.

- KUALA LUMPUR – The Malaysian Sustainable Palm Oil (MSPO) is definitely set to be a game changer as besides giving the Malaysian authorities the means to enforce certification standards, it would also enable the country to set itself apart in international markets and brand its palm oil as the premier choice, said a journal.

Malaysia's palm oil inventory rose for the sixth straight month in December to more than two-year high as supply outstripped demand, pressuring shares of plantation companies.

PETALING JAYA: The rising palm oil inventory and the strengthening of the ringgit will likely exert pressure on crude palm oil (CPO) prices moving forward.

Mr Godswealth Henry, the Managing Director of JEKON Integrated Farms Nig. Ltd., on Thursday urged the Federal Government to include palm oil in its lists of agriculture produce for development.

The timber and palm oil producer said in its filings yesterday that it had entered into a share sale agreement with Cermat Ceria Sdn Bhd for the proposed acquisition of 84.97 million shares in SPB for RM2 per share.

Palm oil imports to Russia totaled 35 KMT in November 2017, i.e. they decreased by more than half from the previous month (73 KMT). This was the smallest monthly volume in four seasons, reports UkrAgroConsult.