Berita Arkib
20-10-2023
Fadillah: Ministry given higher allocation in 2024 Budget based on Industry feedback
19/10/2023 (New Straits Times), Kuala Lumpur - The allocation for the Plantation and Commodities Ministry (KPK) was increased to RM732.7 million in the 2024 Budget after taking into consideration feedback from the industry, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
19-10-2023
Plans to cover area larger than Sikkim with palm oil plantations
19/10/2023 (Hindustan Times) - Special provisions are also being made to promote palm oil in northeast India keeping in mind the need for investment, the ministry of agriculture and farmers’ welfare said
19-10-2023
Vegetable oil imports partly fill in for thinning US soyoil stocks
19/10/2023 (The Star Online) - THE US soybean oil supplies have declined significantly in the last couple of months, but so have prices, which is counter intuitive.
19-10-2023
Singapore-based Indonesia palm oil exporter grapples with EU law
18/10/2023 (Nikkei Asia), Jakarta - Musim Mas, a Singapore-based exporter of Indonesian palm oil, faces "a big challenge" over the European Union's new deforestation regulation, which will particularly impact the country's small individual farmers, a company executive told Nikkei Asia.
19-10-2023
Malaysian palm oil
18/10/2023 (Business Recorder), Singapore - Malaysian palm oil futures were little changed on Tuesday after three consecutive sessions of gains, as strong exports and Chinese demand were offset by weaker Chicago soyoil prices.
18-10-2023
Malaysia keeps November crude palm oil export duty at 8pc
17/10/2023 (New Straits Times), Kuala Lumpur - Malaysia has maintained its November export tax for crude palm oil at 8 per cent and lowered its reference price, a circular on the Malaysian Palm Oil Board website showed on Tuesday.
18-10-2023
Shafie Apdal: 20pc of oil palm not harvested due to labour shortage
17/10/2023 (Malay Mail) - At least 20 per cent of oil palm are unharvested due to labour shortage, hence additional government initiatives are needed to ensure that the industry remains sustainable.
18-10-2023
PLTUs asked to increase palm oil waste use for co-firing
17/10/2023 (Antara News), Jakarta - The Ministry of Energy and Mineral Resources (ESDM) has called for the increased use of empty oil palm fruit bunches as biomass raw materials for co-firing (alternative fuel) in coal-fired power plants.
18-10-2023
VEGOILS-Palm oil flat as weak CBOT soyoil offsets Chinese demand boost
17/10/2023 (Nasdaq) Singapore - Malaysian palm oil futures were little changed on Tuesday after three consecutive sessions of gains, as strong exports and Chinese demand were offset by weaker Chicago soyoil prices
18-10-2023
Govt slashes ghee, cooking oil price
17/10/2023 (Samaa.tv) - The federal government has taken steps to reduce the prices of popular ghee and cooking oil brands by up to Rs38 per kilogram at Utility Stores across the country.
17-10-2023
Cargill to cease conventional palm oil suppy in the US
16/10/2023 (Supermarket Perimeter) - Cargill will now solely supply certified Roundtable for Sustainable Palm Oil (RSPO.) The company will no longer supply conventional palm oil in its United States portfolio.
17-10-2023
Nigeria’s palm oil imports from Malaysia rises 65.3% despite weaker naira
16/10/2023 (Business Day Nigeria) - Nigeria’s Palm Oil imports from Malaysia – a top global producer have surged by 65.3 percent in the first nine months of 2023 despite naira devaluation and local players ramping up production, data from the Malaysian Palm Oil Council shows.