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Malaysia to file WTO legal action against EU over restrictions on palm biofuel

Malaysia, the world’s second largest palm oil producer, will take legal action against the European Union’s restrictions on palm oil-based biofuels with the World Trade Organization (WTO), calling the policy a “discriminatory action”. Plantation Industries and Commodities Minister Mohd Khairuddin Aman Razali said on Wednesday the EU’s renewable energy directive “restricts free trade practices”. “The […]

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Malaysia’s manufacturing PMI up sharply to 51 in June

KUALA LUMPUR: The headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 51.0 in June 2020 from 45.6 in May 2020, its highest since September 2018. In a note on Tuesday, IHS Markit said this indicated an improvement in the health of Malaysia’s goods-producing sector and stronger economic growth more generally. Commenting […]

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