Malaysia wants to boost palm oil export in several markets
Staff Writer | August 22, 2017
Plantation Industries and Commodities Minister Datuk Seri Mah Siew Keong said that his Ministry would pursue efforts to expand Malaysia's palm oil market in Iran, U.S., Belgium, Egypt, Pakistan, India and China through introducing its new palm oil-based products.Article continues below
Palm oil and its by-products constituted over 16 billion dollars of Malaysia's exports and created 2 million jobs in all sectors of the industry, including 650 small shareholders, he added, according to the country's news agency BERNAMA.
The official noted that the Malaysian government has made the Permanent Palm Oil Certification mandatory for all the supply chains of the product and has vowed a 100 percent conformity between the Malaysian palm oil products and the certificates by 2019.
He also said that the Malaysian Palm Oil Certification Council has been aimed at monitoring the implementation of the program.
Palm is a strategic product of Malaysia and 10 percent of the country's population live on the industry.
There are some 5.4 million hectares of palm tree farm in Malaysia that produces 20 million tons of oil palm each year. ■ What to read next
Eni announced a significant gas discovery from the Geng North-1 exploration well drilled in North Ganal PSC, about 85 km off the cost of East Kalimantan in Indonesia.
Latest France kicks off bird flu vaccination
SLB, Aker Solutions and Subsea7 announce closing of onesubsea joint venture
FAA closes Blue Origin mishap investigation
Katalin Kariko, Drew Weissman get Nobel Prize in medicine for mRNA vaccines
More seaborne cigarette smuggling foiled in Hong Kong
Bulgaria: Energy workers, miners continue protests on Sunday, demand Energy Minister's resignation
IAF helicopter makes emergency landing in Bhopal after technical glitch
Plane crash kills 6 in Zimbabwe
U.S.: Heavy rain in Florida; dry, windy conditions in Central Rockies
Indonesia launches Whoosh high speed railway
Serbia gets €25 million EBRD loan to upgrade rail infrastructure
Federal Railroad Administration presents $23.7m grant to Tennessee Department of Transportation
£4 billion UK contracts progresses AUKUS submarine design
Highlights: September 25, 2023 - September 29, 2023
Trending Now
Argentina and Paraguay work to resolve waterway dispute
U.S. sets aside $500 million in grants for smaller chip suppliers
New Zealand to add 100 new public EV chargers to national network
California Governor: We don't have money for striking workers' checks
Foreign Ministry: Africa interested in placement of Ukrainian arms production on its territory
Today We Recommend Highlights
Dutch King inaugurates Vattenfall’s 1.5 GW offshore wind farm
New Zealand customers refunded nearly $480k in settlement with ComCom
MedAlliance acquired by Cordis for up to USD 1.135 billion
Future Motion recalls 300,000 electric skateboards after four deaths
Galveston Wharves: $42.3 million in state funding for cargo projects
Inalfa Roof Systems Group appoints Georges Andary as new CEO
AAX Biotech names new CEO
65 Equity Partners appoints two senior partners
Krank appoints David McCarthy as global head of sales
Lithium Energi Exploration appoints Jason Nalewanyj as CFO
Canada's economy stalls in July
IMF expects China to meet 2023 growth target
Bahrain imports rise 3% to $1.4 billion
Vietnam's GDP up 5.53 pct in Q3
Germany: Import prices 16.4% lower in August 2023 compared with August 2022
Carnival Q3 income $1.07 billion
Natuzzi Q2 revenue €83.5 million
Accenture Q4 revenues $16.0 billion
CarMax Q2 revenues $7.1 billion
BlackBerry Q2 revenue $132 million
Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
Deer farmer in New Zealand fined $12,000 for not tagging 278 NAIT animals
Malaysia striving for self sufficiency in onion production
Export of Filipino avocados to South Korea began
Half of food products in Spain become more expensive despite price caps
Hundreds of Dutch farms grappling with bluetongue virus
Handsome bank CEOs can earn a million more than their less attractive colleagues
Investors less likely to sell losing stocks when entire portfolio is at loss
How managers can encourage employees to share their best ideas
More than 50% of software leader roles will explicitly require oversight of generative AI
Gartner survey: Half of candidates accepted job offer and backed out before starting
Albemarle to pay SEC more than $103 million to settle FCPA violations
SEC charges Electric Vehicle for misleading revenue projections ahead of SPAC merger
Exelon to pay $46.2m penalty to settle SEC fraud charges
Dufresne to pay $3.25 million penalty to settle Competition Bureau Canada concerns over marketing claims
New York judge found Donald Trump liable for fraud, effectiely kills his business in state
Magazine
500 exhibitors coming to Watch and Jewellery Middle East Show
Iconic Buffalo Roundup in South Dakota
Urban(R)Evolution, celebration of graffiti art
151 room Taj the Trees hotel opens in Mumbai
Festival of films made by kids returns to Blatimore, Md.
Indian Chief, homage to glory days of American motorcycling
Ares Modena S1 is real take on Corvette
Toyota to launch new Century in Japan
Alfa Romeo 33 Stradale, pure beauty with 750 hp
Grand Soleil 40, fast and responsive boat
Yves Delorme, luxury linen for kings and you
Graff, obsession with perfection
Ballerina kitchens, the dance of style and function
Big ideas for small interiors
How to choose colors for your walls
Tecno Phantom flip phone, great device you shouldn't touch
HP Spectre Foldable PC, interesting laptop but $5000 for it is way too much
Deutsche Telekom Fairphone 5, sustainable and ethical smartphone you can repair yourself
Canon MS-500, ultra sensitive camera for professionals
Nikon Z 8, full frame mirrorless camera for professionals
Dengue vaccine tests successful for first time in Bangladesh
Large study confirms Tetris helps women after traumatic birth
EMA recommends non-renewal of authorisation of multiple myeloma medicine Blenrep
Iran breaks U.S. monopoly in production of stroke medication
GSK’s Arexvy RSV vaccine approved in Japan for adults aged 60 and above
Indian spacecraft heads towards center of solar system
China unveils its Moon plans
Milky Way mass much smaller than expectations from cosmology
CERN says antimatter responds to gravity
Arctic sea ice sixth lowest on record