Introduction of B20 biodiesel timely when palm oil industry facing challenges: Teresa Kok

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

B20 biodiesel is expected to boost the demand for palm oil by 500,000 tonnes per annum.

Finance Minister Lim Guan Eng, when tabling the 2020 Budget recently, said the programme would be implemented by end-2020.

"Next year we will be facing an economic downturn. Therefore, we have to explore more markets and add more downstream products," she said. Exports of commodity products for the period amounted to RM82.4 billion or 12.7 percent of the country's total export earnings.

 

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

Stop pretending and face the facts. All muted suddenly? Balls in your court. Stop carrying it!

the prob with palm oil is certain group of ppl are given vast amount of land because they are called prince of the land. these ppl will then destroy forest to plant palm trees. leading to deforestation and oversupply when EU boycott palm oil due to the environmental concerns.

National income was disturb by atuk n now we are deep shit trouble in financial .

Hello ,there is nothing challenges about palm oil industry it's all about you are pretending nothing is happening.

Harharhar Minister Kok. Please go to the root cause first rather than going into another huge problem.

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:

 /  🏆 20. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines