Sarawak’s palm oil rise and eco-friendly vision
KUCHING: Palm oil production in Sarawak has shown promising growth, hitting 1.7 million metric tons in the first half of this year. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said that this is a 2 per cent rise compared to the same months in 2022. Last year, Sarawak produced 4 million metric tons […]
AI to help palm oil tackle labour gap
KUCHING: Swinburne University is working with private companies to explore how Artificial Intelligence (AI) can help solve the labour shortage in the palm oil sector. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg said that there’s a long-standing issue of not having enough workers, especially for harvesting. “Both Swinburne University and our private companies […]
Palm oil conference to be held from Aug 8–9 in Miri
KUCHING: The Palm Oil Milling Technology Exhibition & Conference (POMtec) 2023, another ground-breaking event that marks a significant milestone for the Sarawak Oil Palm Plantation Owners Association (SOPPOA), will be held on August 8 and 9 at the Imperial Hotel Miri. Themed ‘Towards Sustainable and Value-Added Business Operation’, the event will be officiated by Deputy Prime Minister Datuk […]
Potentials to harness methane from palm oil mills
Sarawak has the potential to harness the renewable energy from methane produced by the palm oil mills given the right regulatory support. John Ilus (GPS-Bukit Semuja) noted that if all 84 palm oil mills statewide are equipped with methane trapping and power generation facilities, there will be approximately 168–252 megawatts (MW) of sustainable energy available […]
Palm oil prices will go back up, says Willie
By Neville Timothy Sanders and Jacinta Jolene PADAWAN: Palm oil prices may have gone down of late but Deputy Minister of Plantation and Commodities Datuk Willie Mongin feels this will not be the case for long. “Part of the reasons why this happened is because Indonesia has allowed the export of palm oil to other […]
Reactions vary over subsidy removal
By Neville Timothy Sanders & Nura Valentiana Lorna KUCHING: While some consumers agree with the government’s decision to discontinue the subsidy for bottled 2kg, 3kg and 5kg cooking palm oil effective July 1 to curb abuse by the commercial sector and smugglers, others have expressed their frustrations over the decision. The B40 group will feel […]
Villagers in Sibu demand dividends from Felcra plantation
SIBU: Villagers in the Sekuau resettlement scheme have demanded to be paid dividends from a federal land agency’s palm oil operations, and called for work on the plantation to be stopped. Village chairman Henry Kanyan Vincent Rawing said the federal government-owned Felcra Bhd had failed to pay dividends to 404 participants from 24 longhouses in […]
Bintulu Port Holdings Berhad reports higher pre-tax profit for Q1 2022
BINTULU: Bintulu Port Holdings Bhd Group’s pre-tax profit increased 50.34 per cent from RM37.40 million in the first quarter of 2021 to RM56.22 million in the first quarter of this year. According to a statement from the company, the higher operational revenue from the handling of palm oil, Dry Bulk cargo at Bintulu Port, and […]
Indonesia suspends all exports of palm oil
JAKARTA: Indonesia began imposing a complete ban on palm oil exports Thursday, as the world’s largest producer of the commodity risked destabilising a global vegetable oil market already hitting peak prices. The archipelago nation is facing a domestic shortage of cooking oil as well as soaring prices, with consumers in several cities having to queue […]
India may cut import tax on palm oil
NEW DELHI: India may reduce its import tax on palm oil to reign in local consumer prices of cooking oil, according to an Indian media report. The government is mulling on lowering the effective duty on crude palm oil (CPO), soybean oil and sunflower oil to 24.75 per cent from the current 30.25 per cent, […]
