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Malaysia raises palm oil export duty for April
CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices
Middle East conflict boosts demand for alternative fuels
Palm falls on weak rival oils, crude oil prices, April demand concerns
MIMOS collaborates with Oracle for greater transparency and trust
KUALA LUMPUR: MIMOS Bhd, Malaysia’s National applied research and development centre under the Ministry of International Trade and Industry (MITI), announced plans to expand its collaboration with Oracle to explore how the Government can utilise Blockchain to streamline various processes with the aim of improving the ease of doing business in Malaysia.
Palming off the problem
The government must find a way to deal with the palm surplus that satisfies all parties
PH, Indonesia agree to fix trade gap
The Philippines and Indonesia agreed to narrow their trade imbalance, currently in favor of Jakarta, by allowing more Philippine products into the Indonesian market.
What is the RCEP and could it be signed this year?
The sprawling Regional ComÂpreÂhensive Economic Partnership (RCEP) is poised to become the biggest global trade deal, linking half the world’s people and marking Beijing’s dominance in Asian trade.
Asean leaders stand by RCEP
South-East Asian leaders gathered in Bangkok determined to drive forward the world’s largest commercial pact, with the trade war between the US and China clouding the outlook for their export-led economies.
What is wrong and right about our palm oil
Part of Olam’s ability to fulfil its obligations lies in the fact that it owns both the plantations and the mills where it operates in Gabon. It has 144,000ha of concession land, of which 94,000ha are certified. It owns two mills that can trace their palm oil supply to plantations. In Africa, smallholder farmers are not common, which allows companies such as Olam to develop modern farms and employ locals within the communities.
Ban on palm oil import: Stakeholders weigh options
The Federal Government’s renewed plan of outright ban of palm oil importation is receiving conflicting reactions from stakeholders in the industry.
Malaysian palm oil price down as traders square positions
KUALA LUMPUR: Malaysian palm oil futures dipped on Friday as traders squared positions after the contract failed to breach a target price, reversing gains made earlier when it tracked strength in U.S. soyoil.
CPO futures to trade between RM1,920 and RM2,020
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound at between RM1,920 and RM2,020 a tonne next week, amid uncertainty in the global economy.