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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.
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KUALA LUMPUR, 24 Feb (Bernama) -- The Ministry of Plantation Industries and Commodities (KPK) wants Malaysia to achieve zero export of crude palm oil (CPO) in the future by increasing the production of downstream products.
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KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia’s natural rubber (NR) production fell 5.1 per cent to 38,299 tonnes in December 2024, compared to 40,341 tonnes in November 2024, according to the Department of Statistics Malaysia (DOSM).
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KUALA LUMPUR, Feb 12 (Bernama) -- The downstream agricommodity sector recorded a gross domestic product (GDP) of RM30.1 billion in the first three quarters of last year, an increase of 6.7 per cent compared to the same period in 2023.
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KUALA LUMPUR, 12 Feb (Bernama) — Malaysia exported 54,665 tonnes of palm oil and palm-based products worth RM288.23 million to Uzbekistan, Kazakhstan, Tajikistan, Kyrgyzstan, and Turkmenistan in Central Asia in 2024, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.
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KUALA LUMPUR, Feb 4 (Bernama) -- The government, through the Plantation and Commodities Ministry (KPK), is committed to ensuring oil palm plantations have sufficient workforce so that production remains consistent and is not adversely affected.
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KUALA LUMPUR, Feb 3 (Bernama) -- The Malaysian Rubber Board (MRB) has announced that the rubber production incentive (IPG) for cuplump and latex has not been activated for January 2025 in Peninsular Malaysia, Sabah and Sarawak.
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KUALA LUMPUR, Feb 2 (Bernama) -- A comprehensive and systematic approach to re-organise smallholder rubber farmers into a federation, coupled with replanting of higher-yielding rubber tree varieties, will be critical for Malaysia to reclaim its position as the world’s leading rubber producer.
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KUALA LUMPUR, Jan 14 (Bernama) -- The average crude palm oil (CPO) price surged by 9.7 per cent to RM4,179.50 per tonne last year from RM3,809.50 per tonne in 2023, according to Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.
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PUTRAJAYA, Jan 14 (Bernama) -- The palm oil trade is a cornerstone of ASEAN’s economic activity, and Malaysia is committed to leveraging regional frameworks such as the Regional Comprehensive Economic Partnership (RCEP) and ASEAN’s Free Trade Agreements (FTAs) with countries like South Korea, Australia and New Zealand.
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KUALA LUMPUR, Jan 7 (Bernama) -- FGV Holdings Bhd (FGV) and the Malaysian Palm Oil Board (MPOB) have forged a strategic partnership through a memorandum of collaboration (MoC) to enhance traceability and empower smallholders.
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KUALA LUMPUR, Jan 3 (Bernama) -- The implementation of Malaysian Sustainable Palm Oil (MSPO) Standard MS2530:2022 (MSPO 2.0) reinforces Malaysia’s leadership in sustainable palm oil production and strengthens its position in the global markets, said the Malaysian Palm Oil Council (MPOC).