Major companies worry that world's biggest producer may see decreased crop yields following forced nationalisation
Jakarta plans to to push for B50 to reduce reliance on imported fossil fuels, says Bahlil Lahadalia
Bloc's move perceived as an attempt to buy time, says Budi Santoso
Prices likely to remain firm in coming months due to uncertainties over Indonesian supplies, MPOB says
The council say the current EU framework contains operational deficiencies, which fail to reward responsible leadership in sustainable practices
Interval period may also prolong regulatory uncertainty, says CIMB Securities
MSPO certification makes it difficult to replace oil in global market, says ministry
Commodity selling must remain to ensure Malaysia’s competitiveness, especially with Indonesia
MPOB release shows inventories at 2.11 mln tonnes last month
BANGI, June 19 — The Plantation and Commodities Ministry has ordered an immediate engagement session with palm oil industry players following concerns over the implementation of a 5 per cent Sales and Service Tax (SST) on the oleochemical sector starting next month.
JAKARTA, June 17 — Food company Wilmar Group said on Tuesday it had handed over 11.8 trillion rupiah (RM3.07 billion) to Indonesia's Attorney-General's Office as a "security deposit" in relation to a case in court about alleged misconduct in obtaining palm oil export permits.
JAKARTA, June 8 — Indonesia has said that free trade negotiations with the European Union (EU), which have been ongoing for nine years, are expected to be concluded by the end of June.
KUALA LUMPUR, June 6 — AmInvestment Bank Bhd has maintained its neutral rating on the plantation sector amid the recent “standard risk” classification by the European Commission.
KUALA LUMPUR, May 16 — The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.
KUALA LUMPUR, May 5 — The palm oil sector is a key driver for Malaysia’s inclusive economic development and global sustainability, making it the country’s most valuable agricultural export, said the Datametrics Research and Information Centre (DARE).
SHAH ALAM, May 3 — Four workers suffered burns when a steam boiler machine at a palm oil factory in Bestari Jaya, Kuala Selangor, exploded today.
KUALA LUMPUR, April 22 — The European Commission (EC) has been urged to recognise the Malaysian Sustainable Palm Oil (MSPO) certification in order to promote a greater acceptance of the European Union Deforestation Regulation (EUDR).
TAWAU, April 10 — The new tariff rates proposed by the United States (US) for 90 countries, including Malaysia, on April 2 are not expected to significantly impact the prices of the country’s export commodities, especially palm oil.
JAKARTA — Indonesia's palm oil industry and farmer groups have urged the government to reduce export costs, to offset the impact of market distortion caused by the 32 per cent United States (US) reciprocal tariffs on Indonesia's exports.
PUTRAJAYA, April 7 — The new 24 per cent tariff imposed by the United States on Malaysia may initially disrupt export flows but the country has a competitive edge over major palm oil producers, said the Malaysian Palm Oil Board (MPOB).
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