# MPOA lists three budget wish list items to safeguard oil palm industry | Malay Mail

> The Malaysian Palm Oil Association proposes three items for the 2020 budget to support the oil palm industry and about 650,000 smallholders. It asks that windfall tax collections be returned to the industry, that foreign worker intake be increased, and that property assessment tax be standardized. The association also says the windfall tax has raised RM6-7 billion since 2008.

- Date: 2019-09-29 · published 2019-09-29T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/56963-mpoa-lists-three-budget-wish-list-items-to-safeguard-oil-palm-industry-malay
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

These are industry lobbying requests with no immediate supply or price effect. Higher foreign labor access could support long-run palm yields, but the outcome of the budget is uncertain.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2023-08-29 | [Malaysia: Effects of windfall profit levy on the palm oil industry](https://feedsoft.ai/events/15711-malaysia-effects-of-windfall-profit-levy-on-the-palm-oil-industry.md) | +1.2% | -3.2% |
| PALMOIL | 2018-02-12 | [Export tax freeze to support Malaysian palm oil industry - Oxford Business Group](https://feedsoft.ai/events/66368-export-tax-freeze-to-support-malaysian-palm-oil-industry-oxford-business-group.md) | +0.5% | -3.5% |
| PALMOIL | 2018-03-31 | [Export tax freeze to support Malaysian palm oil industry \| Borneo Post Online](https://feedsoft.ai/events/65878-export-tax-freeze-to-support-malaysian-palm-oil-industry-borneo-post-online.md) | +3.4% | -0.1% |
| PALMOIL | 2023-09-18 | [Malaysia reviewing windfall tax on palm oil industry  - The Business Times](https://feedsoft.ai/events/15705-malaysia-reviewing-windfall-tax-on-palm-oil-industry-the-business-times.md) | -1.6% | -4.3% |
| PALMOIL | 2026-07-13 | [Malaysia poised to gain as Indonesia likely to cut palm oil exports, says MPOC \| Malay Mail](https://feedsoft.ai/events/15452-malaysia-poised-to-gain-as-indonesia-likely-to-cut-palm-oil-exports-says-mpoc.md) | +0.5% | +3.0% |
| SBO | 2018-02-12 | [Export tax freeze to support Malaysian palm oil industry - Oxford Business Group](https://feedsoft.ai/events/66368-export-tax-freeze-to-support-malaysian-palm-oil-industry-oxford-business-group.md) | -1.3% | -1.3% |
| SBO | 2026-07-13 | [Malaysia poised to gain as Indonesia likely to cut palm oil exports, says MPOC \| Malay Mail](https://feedsoft.ai/events/15452-malaysia-poised-to-gain-as-indonesia-likely-to-cut-palm-oil-exports-says-mpoc.md) | +7.1% | +0.5% |
| SBO | 2022-12-19 | [Palm oil industry catalyst](https://feedsoft.ai/events/15770-palm-oil-industry-catalyst.md) | +1.7% | -2.3% |

## Sources

- malaymail.com: https://www.malaymail.com/news/malaysia/2019/09/29/mpoa-lists-three-budget-wish-list-items-to-safeguard-oil-palm-industry/1795394

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.