Malaysia zero-rates CPO export duty for June 2020

KUALA LUMPUR: Malaysia has reduced its export duty on crude palm oil (CPO) to zero for June 2020 from this month’s rate of 4.5 per cent, according to the Malaysian Palm Oil Board (MPOB) website. The tax was exempted for most of last year — from May 1 to Dec 31 — but it was reinstated at a rate of five […]