Datuk Mohamad Helmy Othman Basha accuses rich nations of hypocrisy for vilifying palm oil while excusing fossil fuel emissions in the name of energy security
Malaysia’s major commodities suffered a setback in 2023 despite a weaker ringgit as it was overshadowed by demand deficits due to global economic uncertainties arising from the ongoing geopolitical tensions.
Prime Minister Datuk Seri Anwar Ibrahim said the European Union (EU) should focus on recognising the current government's proactive efforts to reduce carbon emissions in the palm oil industry – in order to align with the EU's standards – rather than dwelling on past issues.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
