Malaysia's palm oil export tax cut still under review, says plantation minister
Minister Datuk Seri Dr Noraini Ahmad said the proposed 10% export tax exemption for crude palm oil in November remains in the planning stage and requires further discussion with the Finance Ministry.
Datuk Seri Dr Noraini Ahmad, Malaysia's Minister of Plantation and Commodities, confirmed that a 10% export tax exemption for crude palm oil slated for November is still under discussion and must be approved by the Ministry of Finance. The proposal was submitted by palm-oil producers following engagement sessions with the ministry and is intended to address surplus supply and improve export competitiveness. While the suggestion has reached the finance ministry, no final decision has been taken.
Noraini delivered these remarks at the closing ceremony of the AI Muda@NADI 2026 Hackathon, praising the winning team from Kolej Vokasional Perdagangan Johor Bahru for its TerraScan AI software that analyses soil quality and market prices. The competition, which recorded more than 22,000 AI certifications, was organized by the Malaysian Communications and Multimedia Commission, the National Information Dissemination Center, CelcomDigi, Universiti Kebangsaan Malaysia and Google for Education, with support from the Ministry of Education and MARA Junior Science Colleges.
Why it matters
The outcome will affect Malaysia's palm oil export competitiveness and the sector's response to excess supply.
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