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1. 21/05/2020
   
KUALA LUMPUR (May 20): The Ministry of Plantation Industries and Commodity held a meeting with the Council of Palm Oil Producing Countries (CPOPC) yesterday where they discussed various issues related to the palm oil industry.
2. 21/05/2020
   
Palm oil is often associated with tropical deforestation above all else. However, this is only one side of the story, as agricultural scientists from the University of Göttingen and the IPB University Bogor (Indonesia) show in a new study. The rapid expansion of oil palm has also contributed considerably to economic growth and poverty reduction in local communities, particularly in Asia. The study was published in the Annual Review of Resource Economics.
3. 21/05/2020
   
THERE is reason to cheer. India has resumed purchasing Malaysia's palm oil after a four-month lull — this, in the midst of fighting off the Covid-19 pandemic, is good news to oil palm growers.
4. 21/05/2020
   
Jakarta, May 20 (Reuters) - Indonesia is likely to export 12% less palm oil in 2020 than previously expected, an official at the country's Estate Crop Fund (BPDP), a government agency in charge of collecting and managing palm oil export levies said on Wednesday.
5. 21/05/2020
   
KUALA LUMPUR (May 20): Higher selling prices of palm products boosted Genting Plantations Bhd’s net profit for the first quarter ended March 31, 2020 (1QFY20) by more than twofold to RM91.3 million, from RM41.68 million a year earlier.
6. 21/05/2020
   
KUALA LUMPUR: When Shell engineer Incham Serdin quit his job four years ago to start a small palm plantation in his native Malaysia, prices of the fleshy fruit bunches used to make the world's most-consumed vegetable oil were bubbling near their peak.
7. 21/05/2020
   
Decreases in prices of palm, soybean and rapeseed oils show through more strongly in the Food and Agriculture Organization of the United Nations’ price index than do increases in asking prices for sunflower oil. Consequently, the index declined for the third month running.
8. 20/05/2020
   
KUALA LUMPUR: India has resumed purchasing Malaysian palm oil following a four-month gap sparked by a diplomatic row over the former Malaysian government administration's comments on the Jammu-Kashmir issue.
9. 20/05/2020
   
PUTRAJAYA: The implementation of the B20 biodiesel programme in Sabah and Sarawak’s transportation sector will be rescheduled to start from later dates in the wake of the Covid-19 pandemic and the Movement Control Order (MCO), said Primary Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali.
10. 20/05/2020
   
FGV Holdings Bhd is planning to focus on renewable-energy (RE) projects in an effort to boost its recovery strategy from the impact of the Covid-19 pandemic.
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ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7802 2800 || Fax : 603 - 7803 3533