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Malaysia to publish oil-palm concession maps in traceability bid

Bloomberg Malaysia, the world’s second-largest grower of palm oil, plans to publish concession maps and make them accessible to the public, according to the Malaysian Palm Oil Certification Council. The group, also known as MPOCC, said it aims to achieve 100% traceability at the farm level via the Malaysian Sustainable Palm Oil certification scheme — or MSPO — by 2025, ...

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Indonesia files WTO lawsuit against EU over palm oil limits

Bloomberg Indonesia has taken legal action against the European Union (EU) over stricter limits on how palm oil can be used in green fuels, marking a further deepening in trade tensions. The nation filed a lawsuit with the World Trade Organization on December 9 alleging discrimination against Indonesian palm-oil exports, the trade ministry said. Indonesia, the world’s biggest producer of ...

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China plans to target 6% growth next year

Bloomberg China plans to target economic growth of around 6% in 2020, at the low end of this year’s range of 6% to 6.5%, Reuters reported, citing policy sources. To cushion a sharper slowdown, the state also plans to spend more on infrastructure by allowing local governments to issue more special bonds next year, Reuters said. The proposed target to ...

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