7m ago
KUALA LUMPUR, May 23 (Bernama) -- The Malaysian Palm Oil Council (MPOC) will request clarification from the European Commission (EC) on its full benchmarking methodology used in its assessment on the ‘standard risk’ status given to Malaysia under the European Union Deforestation Regulation (EUDR).
7m ago
KUALA LUMPUR, May 16 (Bernama) -- The European Union (EU) has yet to determine whether Malaysia will be classified as a low risk country under its upcoming country benchmarking system for the EU Deforestation Regulation (EUDR), said EU Ambassador to Malaysia Rafael Daerr.
8m ago
KUALA LUMPUR, April 18 (Bernama) -- Malaysian Sustainable Palm Oil (MSPO) will establish the MSPO Impact Alliance by the third quarter (3Q) of this year, a new multi-stakeholder platform that aims to explore and test innovative models that enhance the value of certification.
8m ago
PUTRAJAYA, April 14 (Bernama) -- As the powerhouse in the global commodities market, with palm oil, rubber, timber, cocoa and pepper driving its economy, Malaysia is focused on streamlining trade to foster trust between trading partners to strengthen trade and market development.
8m ago
By Nurul Hanis Izmir
PUTRAJAYA, April 13 (Bernama) -- Malaysia is set to take centre stage in advancing sustainable and inclusive trade practices as it co-hosts the Forest, Agriculture, Commodity and Trade (FACT) Forum for the first time, with a strong focus on smallholders and sustainable certification, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
8m ago
KUALA LUMPUR, April 10 (Bernama) -- A lot of complementarities between Malaysia and Indonesia could be further explored in bilateral trade, despite competing in the same palm oil market, but should strengthen the relationship akin to siblings, said Indonesia Finance Minister Sri Mulyani Indrawati.
8m ago
PUTRAJAYA, April 7 (Bernama) -- The newly imposed 24 per cent tariff by the United States on Malaysia may initially disrupt export flows but the country has a competitive edge over major palm oil producers, according to the Malaysian Palm Oil Board (MPOB).
9m ago
KUALA LUMPUR, March 10 (Bernama) -- A total of 4.89 million hectares (ha), or 86.47 per cent of palm oil cultivation areas in Malaysia, have received certification under the Malaysian Sustainable Palm Oil (MSPO) standard as of Dec 31, 2024, demonstrating Malaysia’s commitment to sustainability.
9m ago
KUALA LUMPUR, 27 Feb (Bernama) -- Malaysia has produced 386,512 tonnes of natural rubber in 2024, comprising 367,238 tonnes of dry rubber and 19,274 tonnes of latex rubber, said Deputy Minister of Plantation and Commodities Chan Foong Hin.
10m ago
KUALA LUMPUR, Feb 25 (Bernama) -- Malaysia, the world's second-largest palm oil producer, must take the lead in sustainability, taking bold steps to champion sustainable palm oil, especially as the world increasingly focuses on environmental responsibility.
10m ago
KUALA LUMPUR, Feb 25 (Bernama) -- The progress in replanting oil palm trees is still lagging, with Malaysia managing to replant 114,000 hectares, or 2.0 per cent of its total planted area in 2024, down from 132,000 hectares (2.3 per cent) in 2023.
10m ago
KUALA LUMPUR, Feb 13 (Bernama) -- Singapore-headquartered Uni-Fuels Holdings Limited (Uni-Fuels), a global marine fuel solutions provider, announced that its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has received both ISCC EU and ISCC PLUS certifications.