Berita Arkib

20/08/2024 (New Straits Times), Kuala Lumpur - Johor Plantations Group Bhd's (JPG) net profit jumped nearly threefold to RM49.74 million in the second quarter ended June 30, 2024 (2Q24) from RM12.65 million a year ago, from higher revenue selling crude palm oil (CPO) and palm kernel (PK).

20/08/2024 (Ofi Magazine) - Leading Malaysian agribusiness FGV Holding has produced its first batch of European Union Deforestation Regulation (EUDR)-compliant crude palm kernel oil (CPKO), New Straits Times reported.

20/08/2024 (Reuters), Kuala Lumpur - Malaysia has maintained its export tax for crude palm oil at 8% in September and raised its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.

21/08/2024 (Times of India), Noida - A Greater Noida resident claimed a block of paneer he bought from a local store was laced with vegetable oil — a commonly used as adulterant to keep cottage cheese soft for long.

19/08/2024 (Reuters), Jakarta - Indonesia has revised its rules on its palm oil domestic market obligation (DMO) scheme, raising the price cap in a bid to improve supplies of cheap cooking oil, the trade ministry said.

19/08/2024 (Zee Business) - Crude sunflower oil prices rose by Rs 8.70 to Rs 892.30 per 10 kilograms in the futures market on Monday, driven by increased spot demand and active trading on the Multi Commodity Exchange. The August delivery contracts saw a 0.98% rise, with a significant business turnover.

19/08/2024 (New Straits Times), Kota Kinabalu - Sabah's palm oil downstream industry recently attracted three Chinese enterprises for an on-site visit in the state, said Datuk Chan Foong Hin.

19/08/2024 (Financial Express) - Marking his first official trip since taking office, Malaysia’s Prime Minister, Anwar bin Ibrahim, is coming on a State visit to India from August 19-21, 2024. The visit comes at a critical time for India-Malaysia relations, with both nations aiming to deepen cooperation in key areas such as maritime security, edible oil trade, and economic collaboration.

19/08/2024 (News.Az) - In recent years, the European Union has faced growing challenges in maintaining a competitive and fair market for biofuels. Amid concerns over market distortions caused by cheap imports, particularly from China, the EU has taken decisive action to protect its domestic industry. This article delves into the European Union's recent decision to impose temporary anti-dumping duties on Chinese biodiesel imports, exploring the rationale behind these measures, their potential impact on the market, and the broader implications for the future of the biofuel industry in Europe. As the EU seeks to balance trade interests with environmental goals, the introduction of these duties marks a critical moment in the ongoing effort to ensure the sustainability and integrity of the European biofuel sector.

18/08/2024 (The Star), Sandakan - Malaysia has pledged to halt new oil palm plantations in forest areas to support sustainability and maintain its current forest cover of 54%, says Datuk Seri Johari Abdul Ghani.

18/08/2024 (Bernama), Sandakan - Malaysia is inviting palm oil importing countries to get involved in orangutan conservation efforts in Sabah through an in-situ approach, in its natural habitat.

16/08/2024 (The Print) - India is counted as a major agri-exporting country and has made significant progress in achieving self-sufficiency in the production of rice, wheat, and sugar. However, its dependence on edible oil imports remains high. These imports were worth Rs 1.57 lakh crore in October 2022, underscoring the need for domestic cultivation of palm oil to achieve the vision of an ‘Atmanirbhar Bharat’. The move toward self-reliance also holds a massive potential for empowering Indian farmers.