PUTRAJAYA, April 7 — The new 24 per cent tariff imposed by the United States on Malaysia may initially disrupt export flows but the country has a competitive edge over major palm oil producers, said the Malaysian Palm Oil Board (MPOB).

KUALA LUMPUR, Feb 27 — Approximately 11.28 million tonnes of palm oil downstream products, equivalent to RM47.76 billion, had been sold or distributed in the local market from 2020 to 2024, based on statistics from the Malaysian Palm Oil Board, said the Plantation and Commodities Ministry (KPK).

KUALA LUMPUR, Jan 22 — Malaysia should utilise the free trade agreements that it has among Asean countries, including the Regional Comprehensive Economic Partnership to promote palm oil at the global level, said the Malaysian Palm Oil Board (MPOB).

KUALA LUMPUR, Jan 14 — 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, said Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani.

KUALA LUMPUR, Dec 28 — The Malaysian Palm Oil Board (MPOB) enforcement officers will conduct surprise inspections on oil palm buyers starting in early 2025 to ensure the accuracy of weighing scales to protect the interests of smallholders.

KUALA LUMPUR, Dec 12 — The agri-commodity sector has contributed RM64.6 billion or around 5.3 per cent to the gross domestic product (GDP) from January to September 2024, said the Plantation and Commodities Ministry (KPK).

KUALA LUMPUR, Nov 26 — The government has targeted oil palm replanting on 77,000 hectares of land over the next five years (2025 to 2029) to ensure the palm sector remains sustainable and competitive by implementing an oil palm replanting programme, specifically among smallholders.

KUALA LUMPUR, Nov 18 — The closure of a few Malaysian Palm Oil Board (MPOB) offices abroad does not affect efforts to deal with the anti-palm oil campaign and the negative perception of the commodity in the international market, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

BANGI, Nov 14 — Projected changes in the United States’ trade policy are not expected to significantly impact the country’s palm oil sector following Donald Trump’s victory in the recent US presidential election, the Malaysian Palm Oil Board (MPOB) said today.

KUALA LUMPUR, Oct 16 — The Plantation and Commodities Ministry will discuss with the Finance Ministry (MOF) to increase the assistance provided in the oil palm replanting grant to boost productivity among smallholders.

KUALA LUMPUR, Oct 10 — The Malaysian Palm Oil Board (MPOB) reported that palm oil exports in September saw a marginal increase of 0.93 per cent to 1.54 million tonnes, from 1.53 million tonnes in August.

KUALA LUMPUR, Oct 8 — Malaysia said today it hopes European lawmakers will be more accommodating on sustainable policies, following a proposal by the European Commission last week to delay the implementation of a law that would ban imports of products linked to deforestation.

KUALA LUMPUR, Sept 16 — The Malaysian Palm Oil Board (MPOB) has successfully mapped around 70 per cent of independent smallholders as part of its project to chart oil palm plantation coverage across the country.

KUALA LUMPUR, Sept 10 — Malaysia’s crude palm oil (CPO) production increased by 2.9 per cent to 1.89 million tonnes in August from 1.84 million tonnes in July, according to the Malaysian Palm Oil Board (MPOB).

KUALA LUMPUR, June 27 — The Malaysian Palm Oil Board (MPOB) will launch innovative technologies and services in conjunction with the Transfer of Technology (TOT) MPOB on July 4.

KUALA LUMPUR, April 9 — The performance of the Industrial Production Index (IPI), the Distributive Trade Index (DTI), and crude palm oil (CPO) in February 2024 signals a firmer first quarter (1Q) gross domestic product (GDP) growth for Malaysia, said Maybank Investment Bank Bhd (Maybank IB).

SHANGHAI, Nov 13 — Malaysia, via the Malaysian Palm Oil Board (MPOB), will continue its research and development (R&D) to increase palm oil-based value-added products for companies in China to export to Muslim regions within the country, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

BANTING —The Plantation and Commodities Ministry has urged Orang Asli smallholders in Selangor to join the Koperasi Penanam Sawit Mampan (KPSM), as it offers various benefits to increase productivity in oil palm cultivation.

KUALA LUMPUR, June 13 — The adoption of mechanisation in Malaysia’s oil palm plantations is still relatively low at less than 50 per cent for overall field activities, and less than 15 per cent for harvesting, according to the Malaysian Palm Oil Board (MPOB).

KUALA LUMPUR, May 25 — The demand for Malaysian palm oil is expected to improve this year propped up by the hot weather, pushing up the price to between RM3,800 to RM4,000 per tonne, the Malaysian Palm Oil Board (MPOB) said.