Berita Arkib

Malaysia aims to increase the palm oil export to Pakistan to 60% from the current 22% after Islamabad sounded interest to import more palm oil from the country as India slashes imports of the commodity.

Malaysian palm oil producers must use technology to improve yield and compensate for restrictions on land use, as the industry wrestles with concerns about sustainability, the chairman of the Malaysian Palm Oil Council said on Monday.

Over two dozen large trade fairs and industry conferences in China and overseas have been postponed due to travel curbs and concerns about the spread of a coronavirus, potentially disrupting billions of dollars worth of deals.

Pakistan spends three to four billion dollars on the import of crude edible oils and oilseeds. Increased local production of oilseed crops and the improved working of the domestic edible oil refining industry can help reduce this huge import bill.

After two years of preparation, UNITED MALACCA BHD (UMB) will begin planting stevia in Sulawesi this year, marking the start of its first large-scale commercial crops venture into Indonesia.

The double-whammy to palm oil demand from a trade spat with India and the coronavirus in China is likely to prove only temporary, according to FGV Holdings Bhd, one of the world’s largest producers.

The Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA) signed by Jokowi and Prime Minister Scott Morrison on Monday is to build a stronger and broader framework for the two countries to unlock their vast potential, fostering economic cooperation between businesses, communities and people.

South Korea on Monday held the fifth round of free trade talks with a group of South American countries, including Brazil, with a goal of striking the deal this year.

The government must increase the import duty on “refined” palm oil so that differential would be as high as 20%.

Trilochan Mohapatra, Director- General of the Indian Council for Agricultural Research (ICAR), has said that research work on genome editing, speed breeding and marker-associated breeding will be conducted to break the intrinsic yield barriers of energy-rich oilseed crops

The Indian government has relaxed its ban on the import of palm oil as it has allowed a trader to import the oil from Nepal, claims Nepal’s State Minister for Industry, Commerce and Supplies, Moti Lal Dugad.

Indonesia and Malaysia, the world's top palm oil producers, accused the European Union on Friday of unfairly targeting palm oil under a plan to impose new limits on levels of contaminants considered harmful to health in vegetable oils and fats.