Don’t Waste Too Much Effort Teresa Kok – As Long As Mahathir Is Pm, Malaysia Can Only Take One Step Forward 2 Steps Backwards: The Price For Harbouring Zakir Naik – India May Hike Tariff On Palm Oil From Malaysia To 50% From 45%
In March 2018, India raised the import tax on crude palm oil to 44% from 30% and hiked the tax on refined palm oil to 54% from 40%. The fourth increase in import tax in less than 6 months – the highest level in more than a decade – was to protect the country’s local rapeseed crop. India imports palm oil from Indonesia and Malaysia and soyoil from Brazil and Argentina.
