Berita Arkib

Indonesia's government said on Monday it will encourage the country's palm oil companies to file lawsuits against the European Union if the bloc goes ahead with a plan to phase out use of the commodity in renewable transport fuel.

Malaysian palm oil futures fell to their lowest in three days on Monday, tracking weaker related edible oils.

The Prime Minister made an earnest appeal to civil servants to tighten their belts and be patient in facing the rising cost of living as Putrajaya works to resolve the nation’s RM1tril debt

Prime Minister Tun Dr Mahahtir Mohamad says he has written to the European Union (EU) over its campaign against Malaysian palm oil.

Indonesia and Malaysia will likely make a separate move against the European Union policy against palm oil through a delegated regulation supplementing directive of the EU Renewable Energy Directive II (RED II), which is now being deliberated by the European Parliament, a trade official has said

Exports of Malaysian palm oil products for March 1-25 rose 1.7% to 1,158,178 tonnes from 1,138,802 tonnes shipped during Feb 1-25, independent inspection company AmSpec Agri Malaysia said on Monday.

The country opposes moves by the bloc to classify the crop, a major foreign currency earner, as reason for deforestation

Little in the way of news from Asia. China promises wider financial access for foreign investors as US-China trade war talks enter a crucial stage

The banning of Iceland’s animated anti-palm oil ad from television apparently did only good for the affordable supermarket’s publicity. Kantar Millward Brown, an advertising agency that researches the effectiveness of holiday ads, found that the “Rang-Tan” commercial resonated with consumers more than glitzy adverts did.

The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday March 25

European nations are feigning concern that planting oil palm adversely affects the environment, says Tun Dr Mahathir Mohamad

Primary Industries Minister Teresa Kok will lead a mission to Belgium in May to explain the country’s stance on the European Union’s (EU) decision to phase out the use of palm oil in biofuels in the trading bloc