Tag: palm oil
The prime minister says arguments that palm oil cultivation affect the country’s natural ecosystem are not true.
Primary Industries Minister Teresa Kok says Malaysia is mulling a biodiesel stabilisation fund to contain biofuel prices.
Government plans to include a 'B20/B30-ready' specification for vehicles in a review of the policy, says minister.
The plantation giant is the first to use such a tool which allows anyone to go online and trace the source of the palm oil to ascertain if it has contributed to deforestation.
Maria Castillo Fernandez says the European Union is open to dialogue with Malaysia to overcome their differences.
Association says the industry is still recovering from the El Nino weather impact, low CPO prices and labour shortage.
French ambassador to Malaysia Frederic Laplanche says Putrajaya has been taking steps to improve the image of palm oil and tackle the trust deficit among European consumers.
She says Malaysia is considering all options for trade items including fighter jets from Russia or China instead of France.
The world needs palm oil as supplies from alternative oilseeds just won’t be enough to meet rising demand for food and fuel.
She says Asean countries like Singapore must stand united against EU's attempts to restrict use of palm oil.
The primary industries ministry says the MoU is in addition to existing exports.
If the biofuel price keeps going up, the palm oil content in the blend can be reduced, says Primary Industries Minister Teresa Kok.
China is Malaysia’s third largest palm oil buyer, and imported 1.9 million tonnes from the country last year.
The former finance minister says it is vital for the country to team up with Indonesia in tackling challenges from the European Union and the US-China trade dispute.
The government will also explore markets in Russia and Iran, says Primary Industries Minister Teresa Kok
Deputy MITI Minister Ong Kian Ming says the joint venture model for the ECRL also ensures greater transparency.
Instead Malaysia should make efforts to increase yields and extend life span of oil palm trees, they say.
Inventories in Malaysia, the world's second-largest palm oil producer and exporter, declined 4.6% to 2.92 million tonnes.
The primary industries minister lists the benefits of red palm oil in the Dewan Rakyat.
The letter of objection was signed by Indonesian President Joko Widodo and Prime Minister Dr Mahathir Mohamad.
The two nations will send teams to Brussels on April 8 to object to the European Union’s move to restrict use of palm oil in biofuels.
Jakarta regulates imports of alcohol through an annual import and distribution plan.
The primary industries ministry says this is in line with its decision to cap oil palm cultivation to 6.5 million hectares.
Dr Mahathir Mohamad says while Putrajaya is not promoting a trade war, it is 'grossly unfair for rich people to try and impoverish poor people'.