News
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 ...
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 R...
Oil palm planters appeal to Sabah to lift additional restrictions of new SOP
KUALA LUMPUR (Oct 24): The new standard operating procedures (SOPs) that require oil palm planters to operate at half the capacity will result in an estimated revenue lost of RM900 million a month or RM30 million a day at prevailing favourable CPO prices of close to RM3,000 per tonne, according to M...
MPIC looks for ways to respond to US ban on FGV
by SHAHEERA AZNAM SHAH / pic by TMR FILE THE Plantation Industries and Commodities Ministry (MPIC) is looking for a viable response to the US import ban on palm oil produced by FGV Holdings Bhd. Its Minister Datuk Dr Mohd Khairuddin Aman Razali said Malaysia and the US need to discuss the matter at ...
Ministry to improve productivity, yield of palm oil industry
KUALA LUMPUR, Oct 20 — The Ministry of Plantation Industries and Commodities (MPIC) is committed to improving the productivity and yield of the palm oil industry instead of expanding lands for the commodity. Its secretary-general Ravi Muthayah said today during the virtual International Palm Oil Sus...
Palm oil heads for weekly gain on supply worry, ringgit fall
KUALA LUMPUR: Palm oil headed for a second week of gains on supply concerns and as a weaker Malaysian currency made it cheaper for overseas buyers. The ringgit was on track for a weekly loss as a renewed spike in domestic coronavirus cases and political uncertainty put investors on guard. Still, the...
