Berita Arkib
01-12-2020
Malaysia says no decision to extend palm oil export tax exemption beyond 2020
Malaysia has made no decision on whether to extend an export tax exemption on palm oil products after it ends on Dec. 31, an official from the Plantation Industries and Commodities Ministry told Reuters on Monday
01-12-2020
Cargill engages US customers with Roundtable for Sustainable Palm Oil certified supplies
Cargill has moved to enhance its environmental policies in becoming one of a small number of large-scale US suppliers of segregated palm oil certified by the Roundtable for Sustainable Palm Oil (RSPO), writes Neill Barston
01-12-2020
India’s CPO import duty cut will boost palm oil demand, says Maybank Kim Eng
India’s cut in crude palm oil (CPO) import duty to 27.5 per cent will make CPO more attractive as the commodity is set to regain some of the market shares it lost to sunflower and soybean oils this year, says Maybank Kim Eng.
01-12-2020
Govt expected to earn palm oil windfall profit levy of RM500m in 2021 — MPOB
The government is expected to earn palm oil windfall profit levy of about RM500 million in 2021 if the price of crude palm oil (CPO) recorded is between RM3,000 and RM3,500 per tonne compared to expectations of RM348 million a year for this year
30-11-2020
Postpone MPOB Cess Order 2020, MEOA urges
The Malaysian Estate Owners' Association (MEOA) has appealed for the Malaysian Palm Oil Board (MPOB) Cess Order 2020 to be postposed to a later date from its current Jan 1, 2021 implementation date.
30-11-2020
MPOA cautions Kraft Heinz against using ‘No Palm Oil’ claim
Malaysian Palm Oil Association (MPOA) has lodged a formal complaint and demands that Kraft Heinz stop using the “No Palm Oil†claim which goes against the spirit of the Rountable of Sustainble Palm Oil (RSPO)’s Shared Responsibility pledge
30-11-2020
The case for windfall taxes
MUAR MP and former Cabinet Minister Syed Saddiq Syed Abdul Rahman recently advocated windfall taxes in Parliament to be imposed on glove manufacturers in Malaysia
30-11-2020
RCEP: Economic fortunes and challenges
With economic windfalls and challenges, Regional Comprehensive Economic Partnership (RCEP) is an ‘Asian Economic Stride’, on a global trade stage. Representing present time as well as future dynamics, it promises China, ASEAN countries, Japan, South Korea, Australia and New Zealand inclusive growth in tandem.
30-11-2020
Eco-warriors awarded for efforts to preserve biodiversity
The country’s Biodiversity Conservation Trust Fund (Kehati) Foundation bestowed awards to five individuals and a private company for their significant contributions in protecting the country’s biodiversity through their actions and activism.
30-11-2020
Malaysia’s palm oil industry seeing high prices
The price of Malaysia’s fresh palm oil fruit bunches and crude palm oil were at a high level, which was partly due to the high demand from buyers, including those from China and India, says Foreign Minister Datuk Seri Hishammuddin Hussein.
30-11-2020
MPOB expects Malaysian Palm Oil demand to improve further in future
The Malaysian Palm Oil Board (MPOB) director-general (DG) Dr Ahmad Parveez Ghulam Kadir has reported a rise in Malaysian palm oil exports in recent months. Malaysian Palm Oil Board (MPOB) is a premier government agency under the Ministry of Plantation Industries and Commodities, established in Malaysia for serving oil palm industry
30-11-2020
Hishammuddin expresses gratitude to India, says reduced import duty will benefit oil palm smallholders
The increase in crude palm oil prices, after the Indian government reduced the import duty for Malaysia, would benefit oil palm smallholders, says Datuk Seri Hishammuddin Hussein