KUALA LUMPUR, Oct 10 (Bernama) – The Plantation and Commodities Ministry, through the Malaysian Cocoa Board (MCB), has allocated RM19 million from 2024 to 2026 for the Cocoa Farm Rehabilitation Project across Malaysia to enhance cultivation as a key source of the country's economy.
KUALA LUMPUR, Sept 11 (Bernama) -- The total planted oil palm area is forecast at 5.64 million hectares, slightly up from 5.61 million hectares in 2024, said Plantation and Commodities Deputy Minister Datuk Chan Foong Hin.
KUALA LUMPUR, Sept 10 (Bernama) -- The European Union (EU) has officially acknowledged the Malaysian Sustainable Palm Oil (MSPO) certification as a credible sustainability standard with a high-standard digital traceability system that can facilitate operators' compliance with the EU Deforestation Regulation (EUDR).
KUCHING, Aug 19 (Bernama) -- World cocoa prices are currently on the rise, thus making the crop a commodity with high potential to generate lucrative returns.
KUALA LUMPUR, July 31 (Bernama) -- As Malaysia charts its path forward under the 13th Malaysia Plan (13MP), the financial sector must play a transformative role in enabling small and medium enterprises (SMEs) to participate meaningfully in strategic growth sectors, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
KUALA LUMPUR, July 27 (Bernama) -- Chitose Group which operates the world’s largest microalgae production facility using flat-panel type photobioreactors in Kuching, Sarawak, is aiming to develop 10 million hectares of large-scale microalgae cultivation farms in Malaysia, Indonesia, India, Middle East and other potential areas, by 2050 covering a market size of US$4.2 trillion (US$1=RM4.22).
PONTIAN, June 13 (Bernama) – The government’s initiative to expand the scope of the Sales and Service Tax (SST) by imposing a five per cent sales tax on all imported fruits has been described by pineapple growers in Johor as a proactive move to protect the local fruit industry.
JOHOR BAHRU, June 11 (Bernama) -- The Malaysian Pineapple Industry Board (LPNM) is optimistic that the reviewed and expanded Sales and Service Tax (SST), which comes into effect on July 1, 2025, will positively impact the growth of the national pineapple industry.
PUTRAJAYA, May 2 (Bernama) -- The Malaysian Palm Oil Board (MPOB) is committed to continue leading the development of the country's oil palm industry towards a smarter, more sustainable and competitive one, in line with the national agenda of empowering the green economy and digitalisation.
KUALA LUMPUR, April 11 (Bernama) -- The Malaysian Palm Oil Board (MPOB), in collaboration with the Sustainable Oil Palm Growers Cooperative (KPSM) Sugut Paitan, Sabah, has introduced a pilot project under the Excavator Grant Scheme to help smallholders boost productivity.
KUALA LUMPUR, March 25 (Bernama) -- CIMB Bank Bhd has signed a memorandum of understanding (MoU) with Wild Asia Sdn Bhd to drive the transition toward more sustainable practices in the palm oil sector.
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.
