News
India asks for six million tonnes of palm oil from M’sia, says DPM
KUCHING: Crude palm oil (CPO) exports to India continue to show positive development as the country’s demand for CPO grew to six million tonnes, says Deputy Prime Minister Datuk Seri Fadillah Yusof. Fadillah, who is also the Plantation and Commodities Minister, said his ministry is detailing t...
Malaysia to cement presence in China via value-added products, says MPOB
BEIJING, Nov 20 — Malaysia has a huge potential to cement its presence in China’s market for palm oil and palm oil-based value-added products over the next three to five years while reducing further its dependence on the European market, said the Malaysian Palm Oil Board (MPOB). Chairman Datuk Moham...
Sarawak minister: Palm oil smallholders encouraged to join Dayak planters group
MIRI, Nov 19 — More palm oil smallholder farmers in the state are encouraged to join and patronise the Sarawak Dayak Palm Oil Planters Assocation (Doppa). In making this call, Minister of Food Industry, Commodities and Regional Development Datuk Seri Dr Stephen Rundi said through a body like Doppa, ...
Malaysia’s palm oil exports to China set to rise
BEIJING: Malaysia’s palm oil and palm oil-related exports to China are expected to increase this year, if not maintained at last year’s level, says Deputy Prime Minister Datuk Seri Fadillah Yusof (pic). Exports of palm oil and palm oil-related products to China reached US$3.72bil (RM14.86bil) last y...
Malaysia targets over RM14bil palm oil export to China this year, says Fadillah
KUCHING: Malaysia aims to increase its export value of palm oil to China above RM14bil this year, says Datuk Seri Fadillah Yusof. The Deputy Prime Minister said a visit to China would be arranged to strengthen the trade between both countries, particularly in palm oil. “China is one of our big...
Malaysia palm oil groups call for government review of windfall profit levy
KUALA LUMPUR: Malaysian palm oil associations on Monday called for the government to review a windfall profit levy on the palm oil industry. In a statement, the groups also urged the government to raise the profit threshold level for the levy, and to revert the 3% tax rate for planters in Sabah and ...
