MEDIA & RESOURCE CENTER

Stop palm oil discrimination

21-Mar-2019
If the European Union (EU) continues to discriminate against palm oil, Malaysia will retaliate by boycotting certain Euro­pean products, says Prime Minister Tun Dr Mahathir Mohamad. “Yes, we think we will stop buying some European products. That is one thing that we can do,” he told reporters during a press conference at Parliament lobby yesterday. On Tuesday, Dr Mahathir said the government had written to all the heads of EU governments saying that Malaysia would retaliate if they continued with this unfair discrimination against palm oil.

Palm oil up on slowing production growth, better exports

21-Mar-2019
Malaysian palm oil futures rose on Wednesday to a two-week high, buoyed by expectations of slowing production growth and improved exports, charting a fourth straight session of gains. The benchmark third-month palm oil contract on the Bursa Malaysia Derivatives Exchange climbed 1.6% to 2,164 ringgit (US$532.35) a tonne, reversing last week's losses. "The futures seem to be riding on expectations of slower growth in production," a Kuala Lumpur-based trader said, citing updates from plantations that a heat wave was affecting output.

Dr M: EU told Malaysia will retaliate if discrimination against palm oil continues

20-Mar-2019
Malaysia has told the European Union (EU) that it will retaliate if the EU continues to discriminate palm oil, says Tun Dr Mahathir Mohamad. The Prime Minister said aside from France, the government had written to all the heads of government of the EU regarding the matter. “We have pointed out to them that we will need to retaliate if they continue with this unfair discrimination against palm oil,” he said.

French leaders admit negative campaign on Malaysian palm oil baseless

20-Mar-2019
Several French Parliamentarians and political leaders have admitted the negative campaign of the European Union on Malaysian palm oil is unfounded, says Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail. The views were expressed by members of Parliament and politicians of France in a meeting with Dr Wan Azizah at a hotel here. “The members of Parliament said they have gone to Malaysia and felt that Malaysia has a good environment and admitted that our palm oil has received negative publicity.”

Malaysia to retaliate if EU discriminates against palm oil

20-Mar-2019
Malaysia will consider retaliating against the European Union (EU) if it goes ahead with its unfair measures against palm oil, said Tun Dr Mahathir Mohamad. The Prime Minister said the government had agreed that Malaysia should be more aggressive on the matter.
 
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