All posts tagged "Edible Oil"
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246Edible Oil News in EnglishExtension of fresh inducement for traders to no avail!
The government plans to tackle food price inflation with a fiscal approach, reducing source tax for essential commodity suppliers in the FY...
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208Edible Oil News in EnglishPalm oil rises on export outlook; books weekly gain
Malaysian palm oil futures surged, with August delivery rising 2.15% to 4,079 ringgit per metric ton, marking a 5% weekly gain. Increased...
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213Edible Oil News in EnglishPalm oil falls on profit-taking, weaker Chicago soyoil
On Thursday, Malaysian palm oil futures closed lower as profit-taking ensued amidst a backdrop of Chicago soyoil weakness, with the benchmark August...
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331Edible Oil News in EnglishSmuggled 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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236Edible Oil News in EnglishHow 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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247Edible Oil News in EnglishGovt 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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217Edible Oil News in EnglishPalm 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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210Edible Oil News in EnglishGovt. 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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180Edible Oil News in EnglishKAM 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...
