Canada is seeking to finalize a free trade deal with Southeast Asian nations as part of a push to expand into new markets, its top diplomat said, responding to the hefty tariffs imposed on it by the United States, its neighbour and largest trade partner.
Tag Archives Malaysia
Aging trees threaten production of palm oil
Trader says 27 per cent of Malaysia's palm trees are 20 years or older, while harvesting the taller trees proves difficult
SASKATOON — Malaysia’s palm oil industry has a problem, according to a trader of the commodity. Gaurav Kochar, a trader from India, said the age profile of the country’s trees is a “pressing concern” with 3.7 million acres of plantations that are 20 years or older, which is 27 per cent of total planted area. […] Read more
Malaysia to monitor EU’s palm oil biofuel curbs
Country loses WTO fight over palm oil’s loss of renewable designation, but EU required to change how policy is enacted
KUALA LUMPUR, Malaysia (Reuters) — Malaysia says it will closely monitor how the European Union responds to a World Trade Organization ruling that supported the bloc’s stance that biofuel causing deforestation cannot be regarded as renewables but sought changes in how it implemented that decision. A WTO adjudicating panel, in its first ruling related to […] Read more
Malaysian palm oil output expected to improve this year
Labour shortages caused by the COVID-19 pandemic have eased, making it easier for producers to increase production
KUALA LUMPUR, Malaysia (Reuters) — Malaysian palm oil output is set to improve this year as a labour shortage eases, although challenges remain as planters seek to comply with European and U.S. regulations targeting the sector’s alleged links to deforestation and forced labour, industry officials say. The country’s palm oil industry, which relies on foreign […] Read more
