KUALA LUMPUR, Oct 25 (Bernama) -- The proposal for a 10 per cent export tax exemption on crude palm oil (CPO) for November is still in the planning stage and requires further discussion before any decision is made, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.
Business : Proposal For CPO Export Tax Exemption Still Under Discussion -- Noraini
KPK, export tax, crude palm oil, Noraini Ahmad, Ha
Key points
- She said the proposal was submitted by industry players, with whom the Ministry of Plantation and Commodities had held engagement sessions before it was submitted to the Ministry of Finance (MoF) for consideration.
- According to Public Investment Bank Bhd, the proposal arises as Malaysia seeks to increase palm oil shipments amid high inventory levels.
- The project uses technology to identify soil quality and analyse data related to plantation commodities.
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- Bernama Business : Proposal For CPO Export Tax Exemption Still Under Discussion -- Noraini (this story)

