NEWS FEED
  • 27 February, 2020
    Indonesian government plans to raise palm oil export levy: minister
    JAKARTA (Reuters) – Indonesia’s chief economic minister, Airlangga Hartarto, said on Wednesday the government plans to increase palm oil export levies to support expansion of its palm biodiesel program. “The increase is currently being calculated, whether it will be a flat increase or progressive,” Hartarto told reporters. Further details on the plan are still being […]
  • 26 February, 2020
    Blockchain, direct to consumer communication can help uplift palm oil’s image
    MANCHESTER (Feb 25): The application of blockchain technology in the palm oil industry would indicate the existence of a trusted solution in place to prove provenance, certify sustainability and encourage the industry positive growth, a consulting firm involved in blockchain said. Lardi and Partner Consulting GmbH managing partner Kamales Lardi said the technology could help […]
  • 24 February, 2020
    Oil palm estates above 40 hectares must be MSPO-certified
    TAWAU: Operators of oil palm estates which are above 40 hectares are required to have the Malaysian Sustainable Palm Oil (MSPO) certification effective this year. Primary Industries Minister Teresa Kok Suh Sim said the Malaysian Palm Oil Board (MPOB) would be withdrawing the licence of operators who failed to comply with the matter. “MSPO certification […]
  • 21 February, 2020
    Bumps expected from B20 rollout
    This is because significant upgrades are required for their lorries and buses before such mass adoption can be seamlessly executed, said operators as well as engine manufacturers. Yesterday, Deputy Prime Minister Deputy Datuk Seri Dr Wan Azizah Wan Ismail launched the B20 programme here together with Primary Industries Minister Teresa Kok. The use of B20 […]
  • 21 February, 2020
    Biodiesel B20 programme set to enhance palm oil demand, price stability
    KUALA LUMPUR (Feb 20): The implementation of the Biodiesel B20 Programme for the transport sector is expected to provide sustainable support for palm oil demand, hence ensuring price stability for the commodity, Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail said. She said the increase in biodiesel blends could accelerate the growth of […]
  • 20 February, 2020
    B20 biodiesel to be sold in 3,400 petrol stations by mid-2021
    KUALA LUMPUR: The government will be rolling out its B20 biodiesel programme in stages to cover 3,400 petrol stations nationwide in a push towards greener energy and increasing palm oil production. The primary industries ministry today said the B20 biodiesel programme is expected to be fully implemented by the middle of next year. It will […]
  • 20 February, 2020
    Embracing Industry 4.0 in palm oil milling — Hong Wai Onn
    FEBRUARY 19 — We may not be zipping around with rockets on our backs, but life in recent years is still remarkably different than it was even a decade ago, especially with constant technological advances and inventions coming out every year. In the last decade, using an app to hail a ride or send money […]
  • 18 February, 2020
    Indonesia’s palm oil exports to China decline due to coronavirus
    Reuters (17/02/2020) JAKARTA – Indonesia’s palm oil exports to China have declined due to a drop in demand for the vegetable oil as a result of the coronavirus outbreak, farming ministry officials said. Indonesia has so far exported 84,000 tonnes of palm oil this month, compared with 371,000 tonnes for the full month of February […]
  • 18 February, 2020
    Malaysian palm oil up for second day
    Malaysian palm oil futures gained for a second straight session on Monday, underpinned by bargain buying and data indicating a slower rate of decline in February exports amid hopes that Chinese demand will recover from the effects of coronavirus. The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed up […]
  • 17 February, 2020
    Teresa Kok denies Malaysia scrapping plans of suing EU over palm oil restrictions
    KUALA LUMPUR: Teresa Kok has denied informing the media that Malaysia will back off from its plans to file the WTO complaint against the European Union (EU) and its Delegated Regulation. Referring to a news report by Reuters today, the Primary Industries Minister said on the contrary, Malaysia has not retracted its option to file […]