Berita Arkib

There have been “positive” and “definite” talks in this direction with both the UK and the EU, which are eager to resolve immediate trade and investment-related issues while working towards comprehensive FTAs, two officials said, requesting anonymity.

The Ministry of Plantation Industries and Commodities (KPPK) is making efforts to boost the country’s pepper production following rise in demand at both local and international levels.

Malaysia, for instance, is expecting its budget deficit to rise to around 4.7pc of its gross domestic product this year due to falling revenue as well as rising expenditure to support the economy through various stimulus packages.

Sabah has set up an initiative to ensure the palm oil sector remains the state's key economic driver while also working towards conservation and sustainability.

Malaysia will discuss with Indonesia to formulate the best strategy to protect the oil palm industry of both countries in the near future, said Minister of Plantation Industries and Commodities Datuk Dr Mohd Khairuddin Aman Razali.

The Palm Oil Refiners Association of Malaysia (Poram) is offering to help the government combat the anti-palm-oil campaign currently waged by members of the European Union (EU) and Australia.

The Malaysian Palm Oil Board (MPOB) has recently obtained the Department of Standards Malaysia’s recognition under the Laboratory Accreditation Scheme of Malaysia (SAMM).

Kuala Lumpur: Research firms believe that India’s import duty hike on crude palm oil (CPO) will reduce the price competitiveness of the commodity against other edible oils in the country, resulting higher cooking oil price with higher duties.

INDIA’S move to raise the effective import duty on crude palm oil (CPO) by 5.5 percentage points to 35.75%, effective Feb 1, 2021, will erode Malaysian palm oil producer price competitiveness, according to Maybank Kim Eng Research. “The increase in February’s import duty of CPO has eroded the price advantage of CPO vis-à-vis other crude and refined vegetable oils.

KUALA LUMPUR, Feb 5 (Reuters) - Malaysian palm oil futures rose for a second day on Friday on expectations of a drop in January stockpile and output, but the contract is set for a 3.9% weekly decline.

SINGAPORE: Palm oil may stabilise around a support at 3,208 ringgit per tonne and bounce towards 3,322 ringgit.

ROME: World food prices rose for an eighth consecutive month in January, hitting their highest level since July 2014, led by jumps in cereals, sugar and vegetable oils, the UN food agency said on Thursday.