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Palm Oil Hit Again as U.S. Blocks Top Malaysia Producer

Palm oil is once again in the news after the U.S. blocked imports from one of the world’s top producers, a move that may restrict access for the edible oil and undermine the industry’s efforts to …

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‘Palm oil is God’s gift’: Malaysia fights international criticism with new slogan

Malaysia, the world’s second largest palm oil producer and exporter, has said it will fight growing anti-palm oil sentiment around the world with a new slogan: “Palm oil is God’s gift”.

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Malaysia Losing up to 25% of Palm Oil Yield Due to Labour Crunch: MPOA

Malaysia is losing up to 25% of its potential palm oil yield due to a labour shortage that is expected to worsen in the coming months, the Malaysian Palm Oil Association (MPOA) said on Monday. The …

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Malaysia palm oil June end-stocks fall as exports surge 25%

Malaysia’s palm oil inventories fell 6.3% at end-June from a month earlier as a leap in exports amid an easing of coronavirus curbs outpaced a surprise jump in production, official data showed on …

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Malaysia worries new EU food rules could hurt palm oil exports

Malaysia’s massive palm oil industry has warned that the European Union’s (EU) recent proposal to make its food industry more sustainable could eventually lead to stricter regulations for imports of …

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Malaysia palm plantations urge government to let foreign workers return

Malaysian palm plantations have urged the government to let foreign workers return, warning of severe damage to the palm-oil industry if it is not granted an exemption from a hiring freeze.

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Malaysia Farms Face $3 Billion Hit From Palm Oil Worker Shortage

The coronavirus pandemic has left Malaysia’s palm oil industry without enough workers, a shortage that could cost farmers as much as 25% of their annual production — a loss worth about $ 2.8 billion.

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Malaysia exempts palm oil from export duty

Malaysia will fully exempt palm oil from export duty this year as part of plans to support industries badly hit by the coronavirus pandemic. Prime Minister Muhyiddin Yassin on Friday said crude palm …

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Malaysia Criticises WHO’s Advice Against Palm Oil During Coronavirus

Malaysia criticised the World Health Organisation on Monday for advising adults to avoid palm oil in their diet during the COVID-19 outbreak and use alternatives such as olive oil. The WHO Eastern …

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Malaysia cuts crude palm oil export duty for May to 4.5%

Malaysia has reduced its export duty on crude palm oil to 4.5% for May from 5% in April, the Malaysian Palm Oil Board said on Monday, citing the national customs department.

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