KUALA LUMPUR: The Plantation Industries and Commodities Ministry (MPIC) will step up efforts to engage with stakeholders abroad to counter anti-palm oil allegations and narratives.
Its minister, Datuk Zuraida Kamaruddin said she had personally spoken to captains of industries on the immense benefits of palm oil, while countering all related fake news.
KUALA LUMPUR (Oct 12): The Malaysian Palm Oil Association’s (MPOA) chief executive Joseph Tek Choon Yee has urged the East Malaysian states and federal governments to revise the state sales tax (SST) and windfall profit levy (WPL), respectively, that are imposed on East Malaysian oil palm growers.
Tek said the proposed price threshold review of the SST in Sabah and Sarawak would take into account the current high cost of palm oil production, while the windfall tax should be revised back to the original 1.5% from the present 3%, after factoring in the existing SST.