News
WHO must retract misleading info on palm oil
The recent dietary advisory published by the WHO Eastern Mediterranean Regional Office (WHO EMRO) advising people not to consume palm oil during the Covid-19 pandemic stating it contains saturated fats is a terribly misleading advisory which will jeopardise WHO’s authoritative standing on heal...
India could soon return to Malaysia for palm oil
KUALA LUMPUR (May 5): India is seen as having very little choice and could soon turn to Malaysia and start importing back, especially if the COVID-19 pandemic situation in Indonesia gets worse and the country goes into full lockdown as most of the countries are doing at the very moment. “The c...
Covid-19 impact on ops limited, palm oil demand set to continue, says Sime Darby Plantation
KUALA LUMPUR (May 4): The potential impact of Covid-19 on Sime Darby Plantation Bhd’s business has been limited at this point of time, said its chairman. In its annual report for the financial year ended Dec 31, 2019 (FY19), chairman Tan Sri Abdul Ghani Othman said the group forecasts palm oil ...
Malaysia cancels its largest palm oil conference due to coronavirus
KUALA LUMPUR (May 4): Malaysia has cancelled its biggest palm oil conference for the first time in 31 years after initially postponing it to June due to uncertainties surrounding the coronavirus pandemic. The Palm and Lauric Oils Price Outlook Conference and Exhibition or POC2020, was initially sche...
Malaysia criticises WHO’s advice against palm oil during COVID-19 outbreak
KUALA LUMPUR: Malaysia criticised the World Health Organisation on Monday (May 4) for advising adults to avoid palm oil in their diet during the COVID-19 outbreak and use alternatives such as olive oil. The WHO Eastern Mediterranean Regional Office said in a recent advisory that people should c...
Waning demand for CPO threatens exports, price
The dwindling global demand for palm oil could slash Malaysia’s export revenue as countries enforce lockdowns and restrict people’s movements to curb the spread of Covid-19. Malaysia’s export of the edible oil plummeted 41.7% from 1.53 million tonnes to 890,331 tonnes during the first month of the c...
