Tag: palm oil
Mohd Izwan Mohd Noor of Umno Youth says the prime minister has risked an Indian boycott of Malaysian palm oil.
The primary industries minister urges Solvent Extractor's Association of India to allow Putrajaya and New Delhi to resolve issues.
The primary industries minister says Malaysia will continue to tackle false accusations from foreign campaigns against palm oil.
The oilseed crushers' association says it should support New Delhi's protest against Dr Mahathir Mohamad's remarks on the Kashmir conflict.
Economists suggests ways to get around India's threat to boycott Malaysian palm oil.
It says if the threat materialises, India will have to source its palm oil from Indonesia and would have to accept whatever price it sets.
This followed a study tour by students from the international school to an oil palm estate on Pulau Carey.
They say India, with its huge population, provides a big market for palm oil consumption.
Group says the budget announcement of a low-interest loan scheme for palm oil replanting won't help smallholders.
Industry players say even a small reduction will affect Malaysia's palm oil inventory level and economy.
They say unsubstantiated claims published in the media harm business interests of both importers and exporters by creating uncertainty in decision-making and the supply chain.
Confusion about new duties or trade measures by Indian government causes shift to Indonesian shipments.
He explains that it is the police, not he or the home minister, who made the arrests.
India’s government was angered after Dr Mahathir alleged last month at the UN that India had 'invaded and occupied' Jammu and Kashmir and asked New Delhi to work with Pakistan to resolve the issue.
The Malaysian Palm Oil Board says 50% of oil palm plantations have already been certified.
Rainforest Action Network says major brands bought the oil from a plantation endangering orangutans.
The prime minister says attempts to ban the import of palm oil are a classic case of denial of free trade.
He says many plantation companies are reluctant to innovate as they fear their competitors will copy their work.
Indigenous people have legal rights to only about 10%.
The primary industry minister says the market for certified products is expanding.
The Center for International Forestry Research says palm oil was responsible for 35% of forest loss in the Indonesian part of Borneo, and 46% in the Malaysian side.
Today, palm oil accounts for 60% of oils and fats consumed in Vietnam.
A former economics lecturer says even if Europe completely stops the use of palm oil tomorrow and prices drop, the market will find ways to put the commodity to its best use.
Primary Industries Minister Teresa Kok defends the four companies, saying they were among the 'most respected oil palm cultivators'.