Palm oil sector to benefit from UK’s CPTPP entry, says analyst
BY SITI RADZIAH HAMZAH KUALA LUMPUR: Malaysia’s palm oil industry will be one of the sectors to benefit from the United Kingdom’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an analyst said. SPI Asset Management managing partner Stephen Innes said Malaysia has successfully sought Britain to cut its palm oil tariffs — […]
Fadillah hails UK stance on palm oil
KUCHING: The Ministry of Plantation and Commodities is looking forward to working closely with the United Kingdom, the new partners in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to promote trade between the two countries. Its minister, Datuk Seri Fadillah Yusof said the ministry not only welcomes the UK’s acceptance into the CPTPP […]
Free trade agreement will not have negative impact on agriculture: Ministry
KUALA LUMPUR: The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force on Nov 29 last year, will not have a negative impact on the agriculture sector, said Deputy Minister of International Trade and Industry Liew Chin Tong. The CPTPP will protect the interest of local farmers as it is one […]
Total external trade sees 1.5-fold increase to RM141.2bil
THE total external trade from January to August 2022 saw a 1.5-fold increase from RM91.1bil in 2021 to RM141.2bil in 2022, says Datuk Amar Awang Tengah Ali Hasan. The Minister for International Trade and Investment said both export and import increased by double digits at 61.1 per cent and 38.6 per cent respectively. “Strong commodity […]
Ministry discusses pact with state govt
KUCHING: A Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has been discussed during an engagement session between the Sarawak government and Ministry of International Trade and Industry (MITI). The latter’s secretary-general Datuk Lokman Hakim Ali yesterday paid Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg a courtesy call. Several topics were highlighted, according […]
Govt offers incentives for electric vehicles
KUALA LUMPUR: The government has offered incentives in the form of direct and indirect tax relief for the assembly or manufacturing of electric vehicles (EV), component parts, and the development of EV ecosystems such as charging facilities. Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali said among the incentives are pioneer status […]
