Edible Oil News in English
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130Smuggled edible oils threatening local industry
Benso Oil Plantation PLC's GM, Samuel Avaala Awonnea, cites Togo's free port system for smuggled cooking oil surge in Ghana. Tensions in...
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150How Finance bill will change edible oil prices
Consumers face a potential Sh160 hike per liter for edible oil if the Finance Bill 2024's proposed 25% excise duty on raw...
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145Govt shares pics of duplicate labels being put on fakeedible oil
In Rajasthan's Ajmer, a medical team confiscated approximately 18,000 liters of misbranded edible oil. The team uncovered a scheme involving duplicates and...
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134Palm opens lower on weaker crude oil prices, rival oils
KUALA LUMPUR, May 30 (Reuters) - Malaysian palm oil futures fell on Thursday, with the benchmark palm oil contract FCPOc3 for August...
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138Govt. may halve source tax on 28 essentials, will the price decrease?
In a welcome move, the government will halve the source tax to 1% on 28 essential commodities and food grains. This includes...
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111KAM seeks to ringfence VAT refunds
Kenyan manufacturers, represented by the Kenya Association of Manufacturers (KAM), propose ring-fencing VAT refunds to Parliament, aiming to improve cash flow. They...
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145Palm oil extends gains on better demand from key buyers
Malaysian palm oil futures surged for a second day, closing at 4,033 ringgit per metric ton, driven by demand from India and...
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120
Edible oil manufacturers warn of steep price hikes over proposed tax increase
Kenyans brace for tough times ahead as MPs consider a 25% increase in excise duty, potentially causing a surge in basic commodity...
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123Palm snaps two-day slide to close over 2% higher
KUALA LUMPUR, Malaysian palm oil futures surged over 2% after consecutive declines, buoyed by gains in Dalian and Chicago oils. Anilkumar Bagani...
