MSPO

Malaysia's palm oil sector has shown remarkable innovation, leveraging technology and research to drive continuous improvement.

The focus should be on producing an abundant supply of sustainable vegetable oil to meet the needs of the growing world population.

Datuk Seri Fadillah Yusof said the Malaysian government is also fully committed to the key policies relating to sustainable palm oil.

Wan Aishah said the Malaysian government is firmly committed to the sustainability of palm oil production based on the country's laws.

Pubadi said the government had spent RM420 million to assist the smallholders on MSPO certification previously.

Although there has been some increase in the EU's awareness of sustainable palm oil and the MSPO, there is still not enough understanding of the metrics or of its successes.

The regulations are aimed at ensuring the quality of palm oil and countering discrimination against the commodity by European countries.

This move is timely, given the pressing sustainable development agenda by the United Nations SDGs which are to be achieved by 2030.

Willie said the MPIC will focus on oil palm promotion guided by the RM20 million allocation under Budget 2021.

An outright ban on the palm oil imports does not just penalise and hurt the entity involved, but in reality, it will affect the livelihood of the smallholders and settlers.

The price increase had boosted the country's palm oil export which recorded a six per cent rise for the January to June 2020

The Plantation Industries and Commodities Ministry has set the timeline for the Malaysian Sustainable Palm Oil (MSPO) certification mandatory compliance to up to Dec 31, 2019 with

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