Malaysia says can meet global demand after Indonesia bans palm oil exports
KUALA LUMPUR (April 24): Malaysia is confident it can meet global demand for palm oil after Indonesia's announcement that it has banned exports of the commodity, said Plantation Industry and Commodities Minister Datuk Zuraida Kamaruddin.
“I am confident that Malaysia is ready and able to supply palm oil to global markets because our production is expected to rise following the reopening of its borders, which has enabled the hiring of foreign workers,” she told the media after handing over aid to 17 suraus and two mosques, as well as 350 families comprising the asnaf, single mothers and senior citizens in an event organised by the Malaysian Timber Council.
On the performance of the domestic timber industry, Zuraida noted that the timber industry has also been affected by allegations against the palm oil sector.
“We take the same approach with the timber industry; we will meet the European Union (EU) on May 8 with regard to the forced labour and palm oil issues, however, we have not gotten a date to meet the US Customs and Border Protection (US CBP),” she said.
http://www.theedgemarkets.com/article/malaysia-says-can-meet-global-demand-after-indonesia-bans-palm-oil-exports
Singapore Investment Bloggers
-
-
-
-
-
-
-
Speedhome CEO’s time in the moonlight5 hours ago
-
-
-
中國金融投資管理(00605.HK):授出人民幣750萬元貸款8 hours ago
-
-
-
-
Is Dow Jones Industrial Average Broken?11 hours ago
-
-
-
-
Hotel Booking Transfer Scam Alert13 hours ago
-
-
-
-
S&P 500 Technical Breakthrough15 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Dirty, Dirty Coal2 days ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Meta's new Twitter competitor1 week ago
-
Liquidity, Liquidity, Liquidity1 week ago
-
-
-
-
-
-
-
-
-
-
Success in life1 week ago
-
-
Eh Aye…1 week ago
-
Welcome Rain!1 week ago
-
Finance Investment Movement 332 weeks ago
-
Minimum Viable Rental Yield2 weeks ago
-
-
-
Buy Now, Pay Later for Groceries2 weeks ago
-
-
-
-
-
A New Light3 weeks ago
-
-
-
-
-
$250 to 5mil3 weeks ago
-
-
-
-
-
-
-
$2200/month side income update4 weeks ago
-
-
Monthly Summary of April 20234 weeks ago
-
Apr 2023 Portfolio4 weeks ago
-
-
Portfolio (April 30th, 2023)4 weeks ago
-
-
-
Top 10 Safest Banks in Asia4 weeks ago
-
-
-
-
-
My retirement test drive: Q1, 20231 month ago
-
Snack Empire – Crunch Time1 month ago
-
祭友文:拿起来,再放下1 month ago
-
-
-
-
-
The Ben Mezrich Screenplay Token1 month ago
-
-
-
1Q 2023 Investment Strategy Update1 month ago
-
-
-
Dividends Contributors – Top 102 months ago
-
-
Individual Income Tax Season 2023 Singapore2 months ago
-
-
-
How long is the RES course?2 months ago
-
Cost of having a baby2 months ago
-
-
-
I don’t know how My Portfolio is Performing2 months ago
-
-
-
-
-
-
-
How to become a real estate agent in Singapore3 months ago
-
-
New Launch Spotlight: The Botany at Dairy Farm4 months ago
-
A New Beginning – The Year of the Rabbit4 months ago
-
-
-
Demoralized4 months ago
-
2022 Thoughts, Hello 2023!4 months ago
-
-
Series of Defaults for Maple Finance5 months ago
-
Takeaways from “Sea Change”5 months ago
-
-
Investment Summary - Nov 20225 months ago
-
Greed is Coming Back5 months ago
-
-
-
-
Investing is Easy6 months ago
-
-
-
-
-
-
-
-
-
Portfolio Update - 2Q202210 months ago
-
-
What is Overemployment11 months ago
-
Terra Hill Condo (former Flynn Park)11 months ago
-
Alibaba VS Tencent: The Battle Royale11 months ago
-
-
-
-
-
-
-
-
-
Recent Post
-
-
-
-
RCECAP 9296 RCE CAPITAL BERHAD 改变派息政策5 days ago
-
-
二小姐《无情的人儿》2 weeks ago
-
-
-
-
-
-
-
下跌股:康大工业(KOTRA,0002, 主板保健股) RM5.57支撑4 months ago
-
-
【马股】16%+高息股!0负债高现金!能入吗?6 months ago
-
UCHITEC – 2022年线上股东大会6 months ago
-
8月棕油库存料升13.5% 种植公司次季净利看涨9 months ago
-
CHINWEL – Not too late to invest.11 months ago
-
恒大置地(TAMBUN,5191,主板产业股)迈向98仙/敏源1 year ago
-
-