KUALA LUMPUR: Exporters of crude palm oil (CPO) have been exempted from paying any export duty efffective from Sept 1, said Plantation Industries and Commodities minister Datuk Amar Douglas Uggah Embas.
The export duty exemption on CPO to exporters will be for a period starting September to October as part of the Government's effort to mitigate further decline in the price of the commodity, he said at a press briefing prior to attending the Palm Oil Leadership Award (PILA) dinner hosted by the Malaysian Palm Oil Council (MPOC) on Thursday.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
