Malaysia to maintain status quo on biodiesel mandate

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

KUALA LUMPUR : Malaysia's commodities ministry on Thursday said it remains committed to implementing the nation's biofuel policy and mandate.Minister Zuraida Kamaruddin said the ministry will maintain the status quo on Malaysia's biodiesel mandate after Indonesia, the world's largest palm oil producer, li

KUALA LUMPUR : Malaysia's commodities ministry on Thursday said it remains committed to implementing the nation's biofuel policy and mandate.

Minister Zuraida Kamaruddin said the ministry will maintain the status quo on Malaysia's biodiesel mandate after Indonesia, the world's largest palm oil producer, lifted an export ban that had constricted global supply for several weeks. The statement comes after Malaysia's biodiesel group objected against a statement by the Malaysian Palm Oil Board in April urging countries to slow the use of edible oil as biofuel to ensure adequate supply for use in food amid a global shortage.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cuba lifts COVID-19 mask mandate as vaccination rate soars and deaths plummetHAVANA: Cuba on Tuesday (May 31) lifted a mask mandate in place for two years following a successful vaccination drive that health officials say has contributed to a sharp drop in cases and nearly three weeks without a single death from COVID-19. The island, whose communist government has long sought
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

BOJ must maintain easy policy until wages rise more, says deputy gov WakatabeTOKYO :The Bank of Japan must maintain massive monetary stimulus as inflation has yet to sustainably achieve its 2 per cent target, deputy governor Masazumi Wakatabe said on Wednesday, stressing the need to create an environment in which wages can rise faster.Wakatabe also said monetary policy was not the rig QE infinity
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Thai business group maintains 2022 growth outlook amid uncertaintyBANGKOK : Thailand's leading joint business group on Wednesday maintained its economic growth forecast for this year at 2.5 per cent to 4.0 per cent due to increased exports and tourism, despite higher inflation and global uncertainty.Exports are still expected to rise by 3 per cent to 5 per cent this yea
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

BOJ must maintain powerful monteary easing - dep gov WakatabeTOKYO : Bank of Japan Deputy Governor Masazumi Wakatabe said on Wednesday the central bank must maintain its 'powerful' monetary easing to sustain an environment where wages can rise more.In a speech, he also said Japan's current cost-push inflation must be dealt with by means other than monetary policy s
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

El Salvador's popular millennial president waging war on gangsSAN SALVADOR: Salvadoran President Nayib Bukele\u0027s controversial war on gangs has led to tens of thousands of arrests and sparked criticism from rights groups, but helped win him sky-high popularity three years into his term. First seen as a young challenger to the status quo but later accused of autho
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Royal Caribbean cruise ships to start sailing from Singapore to Malaysia in end-JuneSingaporeans will soon have more options for travel, as Royal Caribbean cruise ships will start calling at ports in Malaysia from the end of this month, with stops at Penang and Port Klang. The cruise line said on Thursday (June 2) that it will offer three and four-night...
Source: thenewpaper - 🏆 7. / 63 Read more »