Berita Arkib

In order to prevent carbon-intensive industries in a particular country moving abroad to economies that do not tax or otherwise put a price on emissions, imports attract tariffs at a rate that adjusts for that cost advantag

After five years of often back breaking work on a Malaysian palm oil plantation, Bangladeshi national Babul told his employer this month he was ready to call it quits

Singapore and other stakeholders have reiterated their commitment to sign the Regional Comprehensive Economic Partnership (RCEP) mega trade deal this year, despite the turmoil stemming from the Covid-19 pandemic.

Three oil palm processing plants were among 330 factories nationwide, which have been subjected to enforcement action, Environment Department (DoE) director-general Norlin Jaafar said.

Malaysian palm oil futures shed early gains on Tuesday as traders feared that the surge in demand and exports would eventually lose steam if there is a second wave of COVID-19.

Plantation experts, who attended the web-based palm oil internet seminar (Pointers), have mixed views on the crude palm oil price (CPO) outlook, following Covid-19 that would continue to slowdown the demand for the commodity globally, Public Investment Bank said.

The exports of Malaysian crude palm oil (CPO) to the African continent are expected to increase to about nine million tonnes this year, compared with six million tonnes over the last decade, said 3XG UK Consulting Limited.

Malaysian palm oil futures bounced back on Tuesday as crude prices rose, but gains were limited by fears that the surge in demand and exports would eventually lose steam if there is a second wave of COVID-19 infections.

The world’s biggest trade pact RCEP will be signed later this year, participating countries said in a statement on Tuesday, adding that the coronavirus pandemic had increased the deal’s importance.

Europe has joined the growing number of economies urging Vietnam to resume international flights, as the country appears virtually free of the coronavirus and represents a strong investment destination for those seeking diverse supply chains

Malaysian palm oil futures firmed on Tuesday supported by a surge in exports in June as countries relax their coronavirus-led curbs, but jitters over confusing comments from the White House on the U.S.-China trade deal capped gains.

Vietnam’s economy is export-focused and labor-intensive, with key industries being smartphones and electronic products, textiles, footwear, and agriculture. It is likely the EVFTA will foster the expansion of such industries in terms of capital expenditure and employment.