PUTRAJAYA, Sept 23 — The Plantation and Commodities Ministry presented a proposal to the Finance Ministry last week to revise the palm oil windfall profit levy (WPL).

TAIPING, July 6 — The Plantation and Commodities Ministry will gather data on costs involved from palm oil industry players before decisions on the windfall profit levy (WPL) are sent to the Finance Ministry ( MOF).

KUALA LUMPUR, July 2 — The Plantation and Commodities Ministry plans to review the windfall profit levy (WPL) on palm oil in Malaysia in Budget 2025, aligning it with current palm oil prices.

KUALA LUMPUR, Nov 6 — Fifteen associations affiliated with the palm oil supply chain are jointly appealing to the government for an immediate review of the windfall profit levy (WPL) on palm oil in Malaysia.

KUALA LUMPUR, April 3 — The government will improve the levy collection mechanism and is prepared to review the windfall profit threshold by taking into consideration palm oil production cost, said Deputy Finance Minister I Datuk Seri Ahmad Maslan today.

KUALA LUMPUR, Dec 1 — The Malaysia Estate Owners’ Association (MEOA) is appealing for various taxes on the oil palm industry to be suspended or abolished, calling them “unfair”.