KUALA LUMPUR (Nov 16): Primary Industries Minister Teresa Kok has lauded the decision by a British regulator to disallow a local retail chain’s anti-palm oil Christmas television advertisement.
In a statement today, Kok described frozen food retailer Island Food’s campaign as an “unfair, biased political propaganda”.
She said the government will not be cowed by Island Food’s video campaign which, according to her, was a blatant attempt to safeguard its products at the expense of the palm oil industry in Asia.
KUALA LUMPUR (Nov 16): Malaysia is not as dependent on energy prices as in the past, Finance Minister Lim Guan Eng said, pointing to the 27% decline in revenue from petroleum income tax in the third quarter of 2018 (3Q18) compared with the preceding quarter.
In 3Q18, the government collected RM2.789 billion in petroleum tax revenue, down from RM3.809 billion in 2Q18 and RM3.439 billion in 1Q18.