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Malaysia’s palm oil exports climb 0.93 pct to 1.54 mln tonnes in September - MPOB

Malaysia’s palm oil exports climb 0.93 pct to 1.54 mln tonnes in September - MPOB

Malaysia's crude palm oil production fell by 3.8 pct, down to 1.82 million tonnes in September 2024 from 1.89 million in August.
Thu Oct 10 2024
India's middle-class growth fuels Malaysia's palm oil exports - Johari

India's middle-class growth fuels Malaysia's palm oil exports - Johari

Malaysia said India's consumption of oils and fats was about 27.2 million tonnes in 2023 with palm oil comprising 36 pct.
Thu Jul 18 2024
Asian palm oil buyers seek stable export policies from producers

Asian palm oil buyers seek stable export policies from producers

Indonesia, the world's biggest exporter of palm oil, last year surprised buyers by banning palm oil exports.
Tue Mar 07 2023
[EXPLAINER] Why Malaysia is considering a ban on palm oil exports to the European Union

[EXPLAINER] Why Malaysia is considering a ban on palm oil exports to the European Union

Malaysia said it will discuss with Indonesia the possible ban and other strategies to tackle the EU measures.
Sat Jan 14 2023
PM's Turkiye visit will further boost local palm oil exports - Zuraida

PM's Turkiye visit will further boost local palm oil exports - Zuraida

MPIC is confident that bilateral ties with Ankara will be further enhanced with the recent visit by Ismail Sabri to Turkiye.
Mon Jul 11 2022
Indonesian president sacks trade minister after palm oil export uproar

Indonesian president sacks trade minister after palm oil export uproar

Joko Widodo announced a cabinet reshuffle, names new trade minister.
Wed Jun 15 2022
The impact of Indonesia's ban on palm oil exports reverberated across the globe

The impact of Indonesia's ban on palm oil exports reverberated across the globe

Amid an ongoing global food price crisis, vegetable oils are registering record-breaking highs.
Wed May 25 2022
Indonesia policy uncertainty hampers resumption of palm oil exports

Indonesia policy uncertainty hampers resumption of palm oil exports

Partially reflecting the Indonesia policy uncertainty, palm oil futures FCPOc3 from rival supplier Malaysia climbed 1.67% today.
Mon May 23 2022
Malaysia will not lose competitive edge as Indonesia resumes palm oil export - Zuraida

Malaysia will not lose competitive edge as Indonesia resumes palm oil export - Zuraida

MPIC said that Indonesia's move to lift the ban on palm oil exports, effective May 23, will see a knee-jerk correction in palm oil price but not a big downward adjustment.
Sun May 22 2022
Indonesia to impose local sales rule when palm oil exports restart

Indonesia to impose local sales rule when palm oil exports restart

Indonesia to lift palm oil export ban on Monday, May 23.
Fri May 20 2022
From spreads to shampoo, palm oil is part of everyday life

From spreads to shampoo, palm oil is part of everyday life

Indonesia's plan to ban palm oil exports will deal a blow to the world's top food and consumer products companies.
Mon Apr 25 2022
Malaysia says can meet global demand after Indonesia bans palm oil exports

Malaysia says can meet global demand after Indonesia bans palm oil exports

Malaysia is confident it can meet global demand for palm oil after Indonesia's announcement that it has banned exports of the commodity.
Sun Apr 24 2022
Malaysia increases palm oil exports to Saudi Arabia

Malaysia increases palm oil exports to Saudi Arabia

Malaysia will increase its palm oil exports to Saudi Arabia from 300,000 tonnes to 500,000 tonnes worth approximately RM1 billion.
Sat Mar 13 2021
Changes in India's import duty affects Malaysia palm oil market

Changes in India's import duty affects Malaysia palm oil market

India remains a huge market for Malaysian palm oil exports, but recent changes in its import duty is proving to be a challenge.
Thu Sep 14 2017
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024