KUALA LUMPUR (Oct 2): The Malaysian Palm Oil Association (MPOA) has shared its wishlist for Budget 2024, including a review of the windfall profit levy, reinvestment allowance for intensifying oil palm replanting, pre-requisite for sufficient workers, mechanisation, levies as well as support for sustainability initiatives.  Speaking at MPOA National Palm Oil Conference (NPOC23), chief executive Joseph Tek Choon Yee stressed the necessity of thoroughly reviewing the windfall profit levy's price threshold and rate, particularly in Sabah and Sarawak, where it unduly burdens oil palm growers.

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