News
Govt Devises Strategies to Counter Anti-palm oil Campaigns
KUALA LUMPUR: The government has devised several strategies, including setting up the country’s own palm oil certification body, to counter the anti-palm oil campaigns engineered by its international rivals. Plantation Industries and Commodities Minister Datuk Douglas Uggah Embas told Parliame...
MSPO Acceptance at International Level a Challenge to Ministry
KUALA LUMPUR: The acceptance of the Malaysian Sustainable Palm Oil (MSPO), a new standard set by Malaysia, by the world’s palm oil market is a challenge to the Plantation Industries and Commodities Ministry, the Dewan Rakyat was told yesterday. Minister Datuk Seri Douglas Uggah Embas said the MSPO w...
Oil Palm Industry Contributes Least to Deforestation, says MPOC
KUALA LUMPUR: The oil palm industry contributes the least to deforestation, says the Malaysian Palm Oil Council (MPOC). Malaysian Palm Oil Council(MPOC) chief executive officer Tan Sri Yusof Basiron said as the industry progressed, the question of sustainability was receiving enormous attention. “It...
Oil Palm Industry Contributes Least to Deforestation, says MPOC
KUALA LUMPUR: The oil palm industry contributes the least to deforestation, says the Malaysian Palm Oil Council (MPOC). Malaysian Palm Oil Council(MPOC) chief executive officer Tan Sri Yusof Basiron said as the industry progressed, the question of sustainability was receiving enormous attention. “It...
CPO Futures Up on Weaker Ringgit
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives rebounded to close higher yesterday on the weakening of the ringgit. A dealer said the trend mirrored the gains in the Chicago Board of Trade. April 2014 rose RM24 to RM2,713 a tonne, May 2014 gained RM32 to RM2,667, ...
Palm Futures Down on China Factor
KUALA LUMPUR: Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended lower, influenced by the slowing economic growth in China, which is the world’s biggest consumer of the commodity, a dealer said. At the close, April 2014 declined RM29 to close at RM2,689 a tonne while Ma...
