PUTRAJAYA, Jan 13 — The Malaysian Palm Oil Council expects exports of oils and fats to India to decline by two per cent or 600,000 tonnes this year due to the increase in the country’s domestic production.
Key highlights of the mission are to increase the total area under oil palm plantation from 0.37 million hectare to one million hectare while the production of crude palm oil is expected to go up by 1.12 million tonnes until 2026 and up to 2.8 million tonnes by 2030. Wan Aishah said this when delivering her presentation titled ‘Changing Dynamics of the Indian Edible Oil Policy and its Impact on the Palm Oil Demand’ at the Palm Oil Economic Review and Outlook Seminar 2022 organised by the Malaysian Palm Oil Board today.
On December 20, 2021, Indian government announced the extension of ‘Free Import’ of palm olein till December 31, 2022 and reduction in the import duty of refined, bleached and deodorised palm olein by five per cent until March 31, 2022.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Body of kidnap victim found buried in oil palm estate, one suspect in custodyIPOH: The police have found the body of a man who was kidnapped in Bidor in September last year.
Source: staronline - 🏆 4. / 75 Read more »
Missing man found dead, buried in palm oil plantation | New Straits TimesNSTnation Police are intensifying their efforts to locate another suspect named M. Anbu, believed to be involved in this case. Police Bidor Suspects
Source: NST_Online - 🏆 17. / 53 Read more »
Malaysian Pineapple Industry Board: 90pc of pineapple entrepreneurs exit B40 group | Malay MailSETIU, Jan 11 — A study conducted by the Malaysian Pineapple Industry Board (LPNM) found that 90 per cent of pineapple entrepreneurs, produced under the board’s programmes, have obtained an average income of RM5,000 a month, thus removing them from the low-income household group (B40) bracket.... Njfhsjdwkdjwfh jiwkdwidwhidjwi jiwkdowfiehgejikdoswfiw https://gehddijiwfugwdjaidheufeduhwdwhduhdwudw.com/fjhdjwksdehfjhejdsdefhe
Source: malaymail - 🏆 1. / 86 Read more »
AmBank Research: Malaysian economy to grow around 5.4pc in 2022 | Malay MailKUALA LUMPUR, Jan 12 ― AmBank Research is forecasting the Malaysian economy to grow by about 5.4 per cent this year following an estimated slower growth of 3.4 per cent in 2021. The research house said the 5.4 per cent growth was projected as the base case, with the upside at 6.0 per cent and...
Source: malaymail - 🏆 1. / 86 Read more »
Germany to speed up green energy projects in ‘gigantic’ effort | Malay MailFRANKFURT, Jan 11 — Germany’s Climate and Energy minister Robert Habeck today pledged to drastically ramp up renewable energy projects in the coming years, saying the country faced a “gigantic” task to meet climate protection goals. Germany needs to become “more efficient and faster” in...
Source: malaymail - 🏆 1. / 86 Read more »