MADRID: Spain declared it does not support the European Union (EU) Parliament’s resolution as it realised the banning of palm oil would backfire on the country’s biodiesel industry, a Malaysian Cabinet minister said. On January 17, 2018 the European Parliament had voted to phase out palm biodiesel from the EU energy mix after 2020. Plantation […]
KUALA LUMPUR: Malaysia has lauded Thailand’s move to join the former and Indonesia in rejecting the European Union’s executive decision on adopting the trade barrier against palm oil. Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said Thailand’s keenness to respond reflects the agreement and firmness of major palm oil producing countries in […]
MPOCC has developed a Guidance Document with regard to the removal of oil palm trunks (OPT) from MSPO-certified areas. The Guidance Document clearly states there is no restriction in the MSPO Standard for the removal of oil palm trunks (OPT) from the cultivated area for commercial benefit. Click below for the MPOCC Guidance on this […]
Enclosed herewith is the Schedule issued by the Road Transport Act (JPJ) on the ban for heavy vehicles carrying goods during the festival season. Exemption from the ban is granted to heavy vehicles carrying goods as classified under Category 4 and 4.3 which apply to Fresh Fruit Bunches (FFB), Palm Kernel and Palm Oil & […]
KUALA LUMPUR: Malaysian Palm Oil Association (MPOA) urged the government to halt trade deals with the European Union until the latter’s ban on palm oil is lifted. Chief executive Datuk Nageeb Wahab said EU’s discriminative action against palm oil will harm the livelihoods of more than three million farmers across developing nations. “The ban would […]
KUALA LUMPUR: Malaysia can count on France for support on the issue of European Union (EU) resolutions to ban palm oil biofuels by 2020. France Armed Forces Minister Florence Parly said her government understood the importance of palm oil for the economy of Malaysia. “I am honoured to have met the Malaysian Prime Minister earlier […]
NEW DELHI: India will consider reviewing its high import duty on Malaysian crude palm oil (CPO), Prime Minister Datuk Seri Najib Razak said. In November 2017, the Indian government doubled the import duty on Malaysian CPO to 30 per cent from 15 per cent previously, in order to support its local refiners. “The palm oil […]
KUALA LUMPUR: Malaysian palm oil futures fell late on Wednesday, charting a second day of declines, tracking overnight falls in U.S. soyoil on the Chicago Board of Trade (CBOT) and on a stronger ringgit.
Imagine this: You are an impoverished farmer working on a piece of land with a valuable crop and the profits from your harvests is what puts food on your table, a roof over your family members’ heads and pays off your child’s education costs. But in an unexpected turn of events, your customers stopped buying […]
Chinese New Year’s eve will be upon us tomorrow. At this moment, Malaysians celebrating the festival will be making last minute preparations or travelling home for the reunion dinner to usher in the big day.
THE discourse on climate change has taken a new development especially after US President Donald Trump called it a big hoax. With both sides of the divide boasting an equal number of highly reputable scientific minds, questions are being asked about whether there are other reasons behind the vigorous promotion of the climate change phenomenon.
Malaysia has hailed Spain’s stand for not supporting any discriminatory measures against palm oil by the European Union (EU) as it will adversely affect the country’s biodiesel industry. Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said the Spanish government adopted the stand as the adoption of the Renewable Energy Directive (RED) resolution […]