15 associations appeal for review on windfall profit levy on palm oil in Malaysia thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
PETALING JAYA: Fifteen associations affiliated with the palm oil supply chain have jointly appealed to the government for an immediate review of the windfall profit levy (WPL) on palm oil in Malaysia.
Eleven associations have called for the RM1,500 monthly minimum wage, effective May 1, 2022, to be postponed as the 36 per cent increase is a significant hike for oil palm planters in rural areas recovering from the Covid-19 pandemic amid crop losses, workers shortage and higher input cost
KUALA LUMPUR (April 7): Twelve plantation groups today voiced their opposition to the government’s decision to order the plantation sector to contribute 1% towards the Human Resources Development Fund (HRDF) Levy.
In a joint statement today, they stressed the importance of inclusive and effective engagement with the relevant stakeholders of the plantation sector on this matter.
“Such engagements will constructively facilitate towards an open and transparent platform to review the additional levy made under the expansion of the compulsory HRDF Order 2021. In doing so, this will be testimony to the government’s objective to attain win-win propositions in inclusive partnership with the private sectors, towards reviving the Malaysian economy in post-pandemic recovery period,” they said.
Published on: Wednesday, March 10, 2021
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(Photo by Mohd Suhaimi Mohamed Yusuf/The Edge)
Kota Kinabalu: Twelve associations representing the Malaysian palm oil supply chain are seeking Federal and State Government assistance to address various issues related to workers, taxation and market access which are affecting the industry.
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They are the Malaysian Palm Oil Association (MPOA), Malaysian Estate Owners’ Association (MEOA), National Association of Smallholders (Nash), Sarawak Oil Palm Plantation Owners Association (Soppoa), Palm Oil Millers Association (Poma), Palm Oil Refiners Association of Malaysia (Poram), Malaysian Oleochemical Manufacturers (MOMG), Malayan Edible Oil Manufacturers’ Association (Meoma), Incorporated Society of Planters (ISP), Malayan Agricultural Producers Association (Mapa), Sabah Employers Consultative Association (Seca) and Tawau Agricultural Association (TAA).