News Bites: 9 January 2018

0
  • Palm Oil Exports to Hit Rm80 billion in 2018
  • Malaysia-MEPs To Discuss Palm Oil Issues In 1Q18
  • Uber, AirAsia partner for seamless travel
  • North Korea to send high-level delegation to Winter Olympics

Palm Oil Exports to Hit Rm80 billion in 2018
Plantation Industries and Commodities Minister, Datuk Seri Mah Siew Keong said Malaysia is optimistic that its export earnings from crude palm oil (CPO) and palm oil products will increase to RM80 billion in 2018. He said the government is also confident that exports from CPO and palm oil products in 2017 to exceed RM75 billion as the earnings reached RM71.5 billion as at November 2017. The government expects CPO production this year to exceed 20 million tonnes from an estimated 19.5 million tonnes in 2017, he said, adding that CPO and palm oil product exports this year are expected to increase by RM5 billion through more promotional activities. “The Malaysian Palm Oil Council is opening a new office in Africa. We are looking at many new markets.

Malaysia-MEPs To Discuss Palm Oil Issues In 1Q18
A delegation from Malaysia will meet with Members of the European Parliament (MEPs) in the first quarter 2018 to discuss issues relating to palm oil, including the European Union’s ban on the commodity. The delegation will comprise members from the Malaysian Palm Oil Council (MPOC), the Malaysian Palm Oil Board and the Malaysian Palm Oil Certification Council (MPOCC). MPOC Chief Executive Officer, Dr Kalyana Sundram said the meeting is likely to be held in Brussels or Malaysia. It would be a platform for the delegation – the government’s technical team – to present a scientific journal titled: “Building a Sustainable Future Together: Malaysia Palm Oil and European Consumption”.” Last year, the EU proposed to ban palm oil from entering its market with its parliament passing two resolutions to impose a single certified sustainable palm oil scheme for Europe-bound palm oil exports after 2020 and to phase out palm oil from the EU biofuel programme by 2021.

Uber, AirAsia partner for seamless travel
UBER and AirAsia are partnering to help provide a seamless, affordable and convenient door-to-door experience for travellers. The partnership will go beyond offering promo codes and discounted rides and will include joint marketing efforts and technological integration. The two companies will work together to help passengers get home or to work, or to the airport and back more seamlessly in the 52 cities in 16 markets across Asia Pacific and the US, where AirAsia operates and the Uber app is available. AirAsia will incorporate a “deeplink” feature that allows Uber riders to request or schedule rides when confirming, booking or checking in for flights.

North Korea to send high-level delegation to Winter Olympics
North Korea has offered to send athletes and a high-level delegation to the forthcoming Winter Olympics in the South as both sides held their first official talks in more than two years after months of tensions over Pyongyang’s nuclear weapons programme. Seoul urged that reunions of families divided by the 1950-53 Korean War – one of the most emotive legacies of the conflict – be held at the same time as the Games. The talks were held in Panmunjom, the truce village in the Demilitarized Zone that splits the peninsula. Both sides expressed desires to address issues beyond the Olympics. But Pyongyang has snubbed previous attempts by Seoul to set up further family reunions, saying it will not do so unless several of its citizens are returned by the South. It was not clear whether the North had sought to discuss a permanent end to large-scale annual military drills between Seoul and Washington. The United States and South Korea agreed last week to delay the Foal Eagle and Key Resolve exercises until after the Games, apparently to help ease nerves. US President, Donald Trump said last weekend he hoped the rare talks between the two Koreas would go “beyond the Olympics” and that Washington could join the process at a later stage. But US ambassador to the United Nations Nikki Haley said that there was “no turnaround” in the US stance, reiterating that the North must stop nuclear tests for talks with Washington. (CNA)

Leave a Reply

Be the First to Comment!

avatar
1200
  Subscribe  
Notify of