State strategy draws EU investment interest
BY SHARIFAH NONG-JASIMA KUCHING: Following a thorough five-day brainstorming session, the European Union (EU) has shown keen interest in investing in Sarawak. Deputy Prime Minister Datuk Seri Fadillah Yusof relayed this interest after meetings with EU representatives, who also paid courtesy visits to the Head of State Tun Dr Wan Junaidi Tuanku Jaafar, Premier Datuk […]
Youth urged to take up palm oil agriculture
KUCHING: As Malaysia’s palm oil industry looks to press its global advantage, Pertubuhan Transformasi Dayak (TRADA) yesterday called on Sarawak youth to help play a key part in maintaining the country’s lead in sustainable palm oil. Joseph Janting, president of TRADA, said palm oil was a lifeline for many in Malaysia, especially in the state […]
Farmers urged to update status with MPOB
SIMUNJAN: Small and private palm oil farmers have been urged to register and update their status with the Malaysian Palm Oil Board (MPOB). Deputy Prime Minister Datuk Seri Fadillah Yusof said this is to ensure the sustainable production of Malaysian palm oil while enhancing the industry’s global image. “The government through the Malaysian Palm Oil […]
Research centre wants dialogue to keep public well informed on palm oil
KUCHING: The continued existence of the misleading ‘No Palm Oil’ labels has prompted the Datametrics Research and Information Centre (DARE) to call for a robust and informed public dialogue on the economic and environmental impacts of palm oil production in Malaysia. The labels are still appearing across local supermarkets despite prohibitions under the Trade Descriptions […]
Biomicrogels Group introduces game-changing products to optimise palm oil production in Malaysia
KUALA LUMPUR: Biomicrogels Group (BMG), which makes enhanced oil extraction products, has announced the implementation of two new products, Biomicrogel BMG-C4 and BMG-SPO, in palm oil factories across the country. In a statement today, BMG said these products form a single solution that easily integrates into the technological process and positively impacts oil extraction by […]
Palm oil industry resilient in facing challenges
KUCHING: The Malaysian palm oil industry has demonstrated resilience in the first half of this year with the benchmark crude palm oil (CPO) price remaining robust at RM3,900 per metric tonne average year-to-date. Bursa Malaysia Berhad chairman Tan Sri Abdul Wahid Omar said this demonstrates the industry’s adeptness at navigating challenges, while maintaining its competitive […]
Council promotes palm oil in UK through participation in carnival
KUALA LUMPUR: Malaysian Palm Oil Council’s (MPOC) European regional office in Brussels, Belgium, participated in the Merdeka Carnival organised by the Malaysian High Commission in London at the United Kingdom (UK)-based Tun Abdul Razak Research Centre. The event in Brickendonbury, held from 10am to 5pm on Aug 26, 2023, attracted over 5,000 people. “The MPOC booth received an overwhelming response, especially […]
SALCRA to produce animal feed by year end
KUCHING: Sarawak Land Consolidation and Rehabilitation Authority, SALCRA’s RM35 million plant to produce animal feed is expected to be operational by year end. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said the plant is under construction in Saratok and will produce animal feed from palm oil waste. “SALCRA has a lot of palm […]
CPTPP, ringgit movement and improved labour bolster palm oil sector
KUALA LUMPUR: The accession of the United Kingdom to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), improved labour conditions and a softer ringgit are expected to be the catalysts for the palm oil sector to be fruitful in the second half of 2023 (2H 2023). While a weaker ringgit, which is currently trading […]
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 — […]
