Berita Arkib

A report from one of the national dailies says Nigeria loses over N90 billion yearly, and in the next three years will lose not less than N270 billion to deficit and importation of palm oil.

India has issued import licences for 1.1 million tonnes of refined palmolein from Indonesia, government and trade sources told Reuters, a move that has surprised the industry as only last month New Delhi restricted imports of the commodity.

The Dutch Foreign Affairs Minister Stef Blok said the Netherlands is not backing the European Union biofuel ban that targets Indonesia-produced crude palm oil (CPO).

Thai retailer Bangchak now sells “Hi Diesel S B10” at its more than 400 service stations across the country.

Kellogg’s has updated its international palm oil policy after a campaign launched by two British schoolgirls garnered hundreds of thousands of signatures.

A planned EU-China investment agreement looks unlikely to be struck by September as planned because of the coronavirus outbreak, European Union trade chief Phil Hogan said, while also casting doubt on deals with other Asian countries.

The diminishing premium of higher-protein oils such as sunflower and soybean oil to palm oil is changing trade flows into India.

Nigeria loses over N90 billion yearly, and in the next three years will lose not less than N270 billion to deficit and importation of palm oil, The Guardian investigation has revealed.

India’s halt on Malaysian palm oil imports has disrupted global edible oil trade flows, with Indonesia diverting supplies to feed India, Malaysia rushing to tap markets left behind by Jakarta, and India substituting palm with other oils.

Publicly listed palm oil plantation company, Astra Agro Lestari, has introduced technology advancement into its operations through digital-based applications assisting data gathering and supervisory measures.

Kim Loong Resources Bhd has purchased four pieces of oil palm plantation land in Sabah for RM92.54 million cash, or RM32,500 per acre.

Implementing the B20 biodiesel programme could improve air quality especially in areas facing traffic congestion like the Klang Valley with its 7.2 million inhabitants, says Primary Industries Minister Teresa Kok.