Since its establishment in 1956, the Federal Land Development Authority (FELDA), the world’s largest plantation operator, has demonstrated tremendous success in economic development and societal advancement for some of the hundreds of thousands of smallholders throughout Malaysia that account for 39% of the country’s palm oil production. Thanks to the development supported by the company, rural communities have benefitted from infrastructure development, schools and medical facilities. Meanwhile, as many as … Read More
The Roundtable for Sustainable Palm Oil (RSPO) annual meeting is currently taking place in Sabah. As anticipated, the Western NGOs are going on the offensive to mount their ‘attacks’ on the oil palm industry. As expected, they have tried to insinuate and belittle the industry’s effort to promote the good name of palm oil as a misuse of public funds. The well orchestrated and funded anti-palm oil campaigns by NGOs … Read More
Speaking at the 7th Annual Global Oils and Fats Forum, Mr Siegfried Falk, of Oil World, reported that the vegetable oil sector is entering into a new era for the industry, as constraints on arable land has reduced the ability for producers to meet ever escalating demand for oils/fats.
Driven largely by growing affluence and populations in the developing world, vegetable oil producers are for the first time unable to … Read More
Following the recent announcement by the European Commission that it would delay consideration of an Indirect Land Use Change Factor in the Renewable Energy Directive until 2016, Tan Sri Dr Yusof Basiron highlighted palm oil’s ability to reduce deforestation globally through the displacement of less efficient oilseeds.
While participating in a forum on the future prospects of the global vegetable oil market, Dr Basiron brought to the attention a fact … Read More
During the American Palm Oil Council’s 7th Global Oils and Fats Forum, Tan Sri Dr Yusof Basiron highlighted the efforts undertaken by the palm oil industry to ensure good agriculture practices and the industry’s sustainability.
For instance, the industry has successfully reduced the use of pesticides through the implementation of integrated pest management – for instance using barn owls to control rat populations. And the increased use of leguminous ground … Read More
The ongoing debate in Australia over the imposition of mandatory labelling of palm oil in food and consumer goods products has elicited strong reaction from a number of global experts. Just this past week, Dr Robert Shapiro, a former adviser to U.S. President Bill Clinton, published an editorial criticizing the Australian legislation for the detrimental impact it would have on one of Malaysia’s most important industries.
Dr Shapiro commented, “The … Read More
It appears that the European Commission will officially delay the introduction of an ILUC factor until 2016, according to a report by Reuters. Minutes from a meeting between Energy Commissioner Gunther Oettinger and Commissioner for Climate Change, Connie Hedegaard, quote the officials saying that, “scientific uncertainties still exist with regard to the exact level of such factors.”
This is good news for Malaysian palm oil producers and producers of other … Read More
Amidst continuous claims from environmental NGOs over deforestation and the impact of agriculture expansion in the developing world, an organization has sought to bring some balance to the debate by suggesting forest conservation be equitable among all countries. The Coalition of Financially Challenged Countries with Lots of Trees (CoFCCLoT) recently issued a statement calling on G8 countries and the EU to commit to reforestation equal to the share of forests … Read More
PETALING JAYA, Malaysia – 19 April 2011 Dr Yusof Basiron, Chief Executive Officer of the Malaysian Palm Oil Council (MPOC), gave testimony yesterday in Canberra before the Australian Senate Committee on Community Affairs on the mandatory labelling of palm oil proposed under the Truth in Labelling Palm Oil Bill of 2010.
Dr. Basiron’s testimony demonstrated the importance of palm oil to Malaysia’s economy and its commitment to sustainability and societal … Read More
A leading member of the Australian Federal Parliament and a Member of the Australian Labor Party Government has come out strongly opposing the effort to label palm oil and discriminate against Australia’s neighbors and leading producers of palm oil.
In an editorial by Federal Member for Isaacs, The Hon Mark Dreyfus QC, MP, Parliamentary Secretary for Climate Change and Energy Efficiency, called the legislation deeply flawed and puts Australian farmers … Read More