News
Sub-Saharan Africa seen as next destination for Malaysian palm oil export growth
KUALA LUMPUR (Sept 24): A continent with a population of over 1.3 billion, which is expected to increase to 2.5 billion by 2050, Africa offers bright prospects for Malaysian palm oil, with demand to come from industries such as food, cosmetics and pharmaceuticals, palm oil experts opi...
No intention to replace palm oil with bamboo as Malaysia’s main commodity, says ministry
KUALA LUMPUR (Sept 23): The Ministry of Plantation Industries and Commodities (MPIC) expects palm oil to remain as the country’s main commodity and has no intention of replacing it with bamboo. The ministry said it would continue to strengthen the palm oil industry with the latest technology, expand...
Experts say Malaysia’s palm oil industry can do better
KUALA LUMPUR (Sept 22): The palm oil industry, which has been contributing about 6% to Malaysia’s Gross Domestic Product, can do much better, said economist and consultant in agriculture and rural development, Dr Isabelle Tsakok. She said the industry needs to tackle the interlinked sustainabi...
Palm oil-based product manufacturers asked to display MSPO logo on packaging
SHAH ALAM, Sept 22 — The Malaysian Palm Oil Certification Council (MPOCC) has asked companies producing palm-based products to display the Malaysian Sustainable Palm Oil Certification (MSPO) logo on their packaging. MPOCC chairman Muhtar Suhaili said currently only two companies were displaying the ...
MPOB optimistic of further rise in crude palm oil price
BANGI, Sept 1 — The Malaysian Palm Oil Board (MPOB) is optimistic that the crude palm oil (CPO) price will continue to increase from the current RM2,800 per tonne level despite the Covid-19 pandemic. Chairman Datuk Ahmad Jazlan Yaakub said this is due to continued demand from affected importing coun...
Palm oil group: Potential for locals to earn more than RM2,000 a month
KUALA LUMPUR: Locals working in the oil palm sector have a potential of earning more than RM2,000 per month if they are hardworking and productive, the Malaysian Palm Oil Association (MPOA) says. It said in a statement on Monday the RM2,000 per month is over and above the free facilities and ameniti...
