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Top related persons:
Hasnoor Hussain - 1 Fadillah Yusof - 1 Rozanna Latiff - 1 Martin Petty - 1
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Kuala Lumpur Malaysia KUALA LUMPUR Petroliam
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Petronas - 1 REUTERS - 1 Petroliam Nasional Berhad - 1 Friday - 1 PETRONAS 5G Private Network - 1 Thomson - 1

Search resuls for: "Fadillah Yusof"


4 mentions found


☆ Malaysia's Petronas launches first commercial 5G private network - Deputy PM
  + stars: | 2023-10-06 | by ( ) www.reuters.com   time to read: 1 min
A logo of Petronas is seen at their office in Kuala Lumpur, Malaysia, April 27, 2022. REUTERS/Hasnoor Hussain/File Photo Acquire Licensing RightsKUALA LUMPUR, Oct 6 (Reuters) - Malaysia state energy firm Petroliam Nasional Berhad (Petronas) on Friday launched the country's first commercial private 5G network, a deputy prime minister said. "The deployment of the PETRONAS 5G Private Network sets the stage for a dynamic partnership between the government, private sector, and academia," Fadillah Yusof said. Reporting by Rozanna Latiff; Editing by Martin PettyOur Standards: The Thomson Reuters Trust Principles.
Persons: Hasnoor Hussain, Fadillah Yusof, Rozanna Latiff, Martin Petty Organizations: Petronas, REUTERS, Petroliam Nasional Berhad, Friday, PETRONAS 5G Private Network, Thomson Locations: Kuala Lumpur, Malaysia, KUALA LUMPUR, Petroliam
☆ Malaysia slams 'unjust' EU deforestation law for blocking palm oil
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +2 min
KUALA LUMPUR, April 20 (Reuters) - Malaysia on Thursday said it was disappointed over a European Union law banning imports of commodities linked to deforestation, fearing a hit to its exports of palm oil to the bloc. The law will apply to soy, beef, palm oil, wood, cocoa, coffee, rubber, charcoal, and derived products including leather, chocolate and furniture. Malaysia said the law was a "deliberate effort" to increase costs and barriers for its palm oil sector -- a key source of export revenue for the Southeast Asian country. Smallholders account for 26%, or around 1.5 million hectares of oil palm planted area in Malaysia. Globally, more than seven million smallholders cultivate palm oil for a living and rely on the commodity to escape poverty.
☆ Malaysia says it could stop palm oil exports to EU after new curbs
  + stars: | 2023-01-12 | by ( Mei Mei Chu | ) www.reuters.com   time to read: +2 min
Since the EU is a major palm oil importer, the law, agreed to in December, has raised an outcry from Indonesia and Malaysia, the top producers. CPOPC, which is led by Indonesia and Malaysia, has previously accused the EU of unfairly targeting palm oil. EU demand for palm oil was expected to decline significantly over the next 10 years even before the new law was agreed to. Fadillah said: “This will mean that we will have to be more coordinated in our efforts in conveying our stand and stance on policy matters that will affect the socio-economic wellbeing of our respective countries.”The EU is the world’s third-largest palm oil consumer, according to Malaysian Palm Oil Board data. It accounts for 9.4% of palm oil exports from Malaysia, taking 1.47 million tonnes in 2022, down 10.5% from a year earlier.
☆ Malaysian urges palm oil producers to boost cooperation after EU rules
  + stars: | 2023-01-12 | by ( Mei Mei Chu | ) www.reuters.com   time to read: +1 min
Slideshow ( 2 images )KUALA LUMPUR (Reuters) - Malaysia on Thursday called on countries producing palm oil to strengthen cooperation following new European Union (EU) legislation aimed at reducing the use of palm oil-based fuels. The EU is a key palm oil importer but demand is expected to fall significantly within the next 10 years due to a renewable energy directive to phase out palm-based transport fuels by 2030 over perceived links to deforestation. Malaysian Commodities minister Fadillah Yusof urged the Council of Palm Oil Producing Countries (CPOPC) - led by Indonesia and Malaysia - to work together against the new regulations and to combat “baseless allegations” made by the EU and the United States about the sustainability of the edible oil. CPOPC had previously accused the EU of unfairly targeting palm oil and creating trade barriers. Indonesian President Joko Widodo and Malaysian Prime Minister Anwar Ibrahim this week agreed to “fight discrimination against palm oil” and strengthen cooperation through CPOPC.
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