Palm oil prices risk uncompetitiveness without WPL revision:

Bernama News

Palm oil prices risk uncompetitiveness without WPL revision:
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BANGI: The price of palm oil will become uncompetitive compared to other producing countries if the windfall profit levy (WPL) on palm oil in this cou...

The price of palm oil will become uncompetitive compared to other producing countries if the windfall profit levy on palm oil in this country is not revised.

“Let the MoF review this so we can reassess and indirectly encourage replanting. When this product becomes competitive, more investors will be attracted to the land we have,“ he told reporters after the launch of the Transfer of Technology 2024 event at the Malaysian Palm Oil Board headquarters here today.

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