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).
KUALA LUMPUR, March 10 — Malaysia’s palm oil stocks fell for a fifth month in February to their lowest in 22 months as production declined, outweighing a reduction in exports, data from the industry regulator showed on Monday.
KUALA LUMPUR, Feb 27 — Approximately 11.28 million tonnes of palm oil downstream products, equivalent to RM47.76 billion, had been sold or distributed in the local market from 2020 to 2024, based on statistics from the Malaysian Palm Oil Board, said the Plantation and Commodities Ministry (KPK).
KUALA LUMPUR, Feb 24 — Malaysia and China will further strengthen collaboration in palm oil supply chains, technological innovation, and market expansion this year, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
KUALA LUMPUR, Feb 10 — Malaysia’s palm oil production remained resilient despite potential disruption from floods that have hit several states in recent months, the Malaysian Palm Oil Board (MPOB) said on Monday.
KUALA LUMPUR, Feb 4 — Malaysia must shift to high-value products like oleochemicals and biodiesel rather than just relying on crude palm oil (CPO) exports without a solid value-added strategy, said Paya Besar MP Datuk Mohd Shahar Abdullah.
KUALA LUMPUR, Feb 4 — The government, through the Plantation and Commodities Ministry, is committed to ensuring oil palm plantations have sufficient workforce so that production remains consistent and is not adversely affected.
JAKARTA, Jan 17 — Indonesia has welcomed a World Trade Organisation (WTO) ruling that supports the archipelago nation in its dispute over "palm oil discrimination" by the European Union (EU), government ministers said today, reported Xinhua.
KUALA LUMPUR, Jan 14 — The Plantation and Commodities Ministry aims to focus on mechanisation and automation to overcome the tight labour supply for the palm oil industry.
KUALA LUMPUR, Jan 02 — The Plantation and Commodities Ministry (KPK) wants to stop the import and sale of products with discriminatory labelling against palm oil (DLAPO).
KUALA LUMPUR, Nov 26 — Malaysia plans to start producing sustainable aviation fuel (SAF) in 2027, with an initial production capacity of one million metric tonnes per year, Plantation and Commodities Minister Johari Abdul Ghani said today.
KUALA KANGSAR, Nov 19 — Orang Asli intending to sell oil palm fruit but lacking land grants and licences must refer to their state governments, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
KUALA KANGSAR, Nov 19 — Palm oil mills in the country have been urged to use artificial intelligence (AI) technology for oil processing, thus lowering costs and increasing revenue.
BANGI, Nov 14 — Projected changes in the United States’ trade policy are not expected to significantly impact the country’s palm oil sector following Donald Trump’s victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.
JAKARTA, Nov 11 — Consumer brands including Nestle and Procter & Gamble said they conducted investigations after an environmental group said palm oil sourced from an illegally cleared wildlife reserve in Indonesia may have found its way into their supply chains.
JAKARTA, Nov 1 — Indonesia's Supreme Court has rejected an Indigenous community's appeal which sought to cancel a permit for a palm oil concession on thousands of hectares of rainforest it claimed as ancestral land, legal documents showed today.
KUALA LUMPUR, Oct 28 — Malaysia’s Producer Price Index (PPI), which measures the price changes of goods at the producer level, fell year-on-year to 2.1 per cent in September after seven consecutive months of growth, according to the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Oct 22 — The Plantation and Commodities Ministry (KPK) has approved 3,599 hectares (ha) of land for oil palm replanting under the Oil Palm Smallholders Replanting Financing Incentive Programme (TSPKS 2.0) as of October.
KUALA LUMPUR, Oct 14 — Malaysia, which has applied to join BRICS, also wants to resume the free trade agreement (FTA) negotiations with the European Union (EU) towards finalising the pact while also in talks with Asean member states to further strengthen trade.
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