News
Refiners group offers to aid Putrajaya in fight against Europe’s palm oil discrimination
KUALA LUMPUR, Feb 7 — The Palm Oil Refiners Association of Malaysia (Poram) is offering to help the government combat the anti-palm-oil campaign currently waged by members of the European Union (EU) and Australia. In a statement, Poram’s chairman Jamil Haron said they welcomed the recent decision to...
India’s tax increase on crude palm oil imports could reduce shipments
MUMBAI: India has imposed an additional tax on crude palm oil imports as the world’s biggest importer of vegetable oils tries to build domestic agriculture infrastructure by taxing imports, Finance Minister Nirmala Sitharaman said on Monday. India cut the basic import tax on crude palm oil to ...
Palm oil sector to continue offering recommendations to curb pandemic spread
KUALA LUMPUR (Jan 29): The Malaysian plantation fraternity involved in the entire palm oil supply chain will continue to offer sectoral-related and most practical recommendations to policymakers and the authorities to help mitigate the spread of Covid-19 in the industry. In a joint statement, t...
Sabah keeps palm oil estates open, orders mass Covid -19 testing
[KUALA LUMPUR] Malaysia’s largest palm oil producing state Sabah will not impose a shutdown on plantations despite a rise in coronavirus infections in the sector, but urged estates to tighten its compliance of Covid-19 prevention measures. The state government said on Monday it was concerned o...
Labour shortage poses more threats to palm oil sector
KRI finds a labour reduction of 30% will see the vegetable oil’s production reduced by half THE labour shortage issue inherent in the plantation sector is posing more threat to the industry’s economic health compared to the price volatility of the crude palm oil (CPO), according to Khazanah Research...
Boycotting Palm Oil May Worsen the Situation
“Palm oil free” has become an advertising slogan for many products, which may lead to the belief that this ingredient has harmful effects on health. But even though it is not the healthiest fat in the world, palm oil’s fall from grace is actually due to environmental reasons. In Southeast Asia, ...
