• 23 November, 2020
    MPOA slams AP report as exaggerated and anti-palm oil propaganda, says planters provide safe working conditions for female workers
    KUALA LUMPUR (Nov 20): The Malaysian Palm Oil Association (MPOA) today slammed a recent news report by the Associated Press (AP), which detailed instances of sexual abuse and exploitations of female plantation workers at palm oil estates in both Malaysia and Indonesia, saying it was exaggerated and the stuff of anti-palm oil propaganda. “The sweeping […]
  • 23 November, 2020
    MIDA encourages palm oil industry players to apply for industry4WRD DISF
    KUALA LUMPUR (Nov 23): The Malaysian Investment Development Authority (MIDA) is encouraging the Malaysian palm oil industry to apply for the Industry4WRD Domestic Investment Strategic Fund (DISF). Executive director of manufacturing development (resource) Mohamad Ismail Abu Bakar said MIDA is committed to assist the companies, especially in the downstream value chain. “Some of the areas […]
  • 22 November, 2020
    In Sabah, pandemic rages as migrants flee testing
    KUALA LUMPUR (Nov 23): Some flee on boats. Some hide in the stilts under their homes. Others run into the woods. All across the Sabah region on Borneo island, stateless residents and undocumented migrants are fleeing public health officials conducting coronavirus screenings, fearful of being detained or deported. The race to tackle Covid-19 in Sabah, […]
  • 19 November, 2020
    Ministry launches ’Sawit Anugerah Tuhan’ campaign
    KUALA LUMPUR, Nov 19  — The Ministry of Plantation Industries and Commodities (MPIC) has launched the “Sawit Anugerah Tuhan” (Oil Palm the Gift of God) campaign with the aim of appreciating the great contribution of the palm oil industry to the country, besides raising awareness about its benefits and nutritional values to the community. Minister Datuk Dr Mohd Khairuddin Aman Razali said the international […]
  • 12 November, 2020
    RM348m revenue from palm oil windfall profit levy this year
    KUALA LUMPUR: The government is expected to collect a potential revenue of RM348 million from the palm oil Windfall Profit Levy in 2020 compared to only RM256,000 in 2019 following rising crude palm oil (CPO) prices, the Ministry of Plantation Industries and Commodities said. It said this was based on performance, price expectations and production […]
  • 11 November, 2020
    Palm oil exports up due to Diwali demand, says CGS-CIMB
    KUALA LUMPUR: Palm oil exports rose 4 per cent month-on-month (mom) and 2 per cent year-on-year (yoy) to 1.67 million tonnes in October due mainly to stronger demand from India, Pakistan and the US. “We suspect this could be partly due to attractive crude palm oil (CPO) price discount against other key edible oils. “Also, […]
  • 10 November, 2020
    Malaysia’s October palm oil stocks at three-year low on export strength, tight output
    KUALA LUMPUR (Nov 10): Malaysia’s palm oil inventories in October slumped to their lowest in more than three years, down 8.6% on-month, on lower production and as seasonal buying from key importer India lifted exports, according to an industry regulator on Tuesday.  Inventories in the world’s second-largest producer of palm oil stumbled to 1.57 million […]
  • 6 November, 2020
    Ministry ready to embrace blockchain technology in palm oil industry
    KUALA LUMPUR (Nov 5): The Ministry of Plantation Industries and Commodities (MPIC) is ready to accept any technological innovation, including blockchain technology, as long as it meets the traceability requirements of the country’s palm oil industry. Its Minister Datuk Dr Mohd Khairuddin Aman Razali said blockchain technology is a big element and it is also […]
  • 6 November, 2020
    Exports of palm oil to US not facing any problems — Khairuddin
    KUALA LUMPUR (Nov 5): Malaysia’s exports of palm oil products to the United States generally do not encounter any problems except for the trade restrictions imposed on palm oil from FGV Holdings Bhd from Oct 1, 2020, said Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali. “Hence, for now the restrictions imposed […]