News Formal

Competitiveness of M’sian palm oil industry at stake if windfall tax not revised: Johari

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Hayatun Razak News

Business Business Latest News,Business Business Headlines

BANGI: The competitiveness of Malaysia’s palm oil industry is at stake if the windfall tax is not revised, said Plantation and Commodities Minister Da...

Johari launching the 30th Malaysian Palm Oil Board Transfer of Technology Seminar and Exhibition. Second from left is MPOB Datuk Mohamad Helmy Othman Basha. – Bernamapic

Johari noted that when the government initially imposed the windfall tax, the cost of producing one tonne of palm oil was RM1,800. During the question and answer session in the Dewan Rakyat on Tuesday, Johari suggested reviewing the windfall profit levy on palm oil in Budget 2025, in line with commodity prices.

Johari launched the commercialisation of two products – Walbac Eco-Friendly Biological Pesticide and MPOB Fertiliser Formulations F2 and F6.

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:

 /  🏆 25. in BUSİNESS
 

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

Business Business Latest News, Business Business Headlines

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

Tengku Zafrul: Google investment is a testament to Malaysia’s current competitivenessKUALA LUMPUR, June 26 — Google’s latest investment highlights Malaysia’s competitiveness, ease of doing business and growing importance as a regional hub for digital...
Source: malaymail - 🏆 1. / 86 Read more »