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MPOB TOT 2025 to drive palm tech commercialisation for industry, MSMEs

MPOB TOT 2025 to drive palm tech commercialisation for industry, MSMEs

New Straits Times16 hours ago

KUALA LUMPUR: The Malaysian Palm Oil Board Oil Palm Transfer of Technology Programme 2025 (TOT MPOB 2025) is set to offer commercialisation opportunities for palm-based technologies to industry players, local companies, as well as micro, small and medium enterprises (MSMEs).
The Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani will officiate the MPOB's annual flagship event, which will be held in Bandar Baru Bangi, Selangor.
More than 500 participants comprising oil palm industry players, MSME operators and stakeholders interested in technology commercialisation are expected to attend.
TOT MPOB 2025 presents commercialisation opportunities for technologies developed by MPOB researchers across various segments of the oil palm value chain.
Scheduled for June 19, the event will feature upstream technologies such as elite planting materials, artificial intelligence (AI) applications in plantations and integrated pest management techniques.
In the midstream sector, processing and milling technologies for industrial application will be showcased, while downstream offerings will include formulations for personal care products, health food and animal feed.
"Industry participation in the TOT programme offers access to new technologies and innovations within the palm oil production chain, along with opportunities to explore research and commercial collaborations, intellectual property protection through technology licensing, and engagement in a sustainable palm innovation ecosystem," said MPOB director general Datuk Dr Ahmad Parveez Ghulam Kadir.
He added that the event will carry a special theme in conjunction with MPOB's 25th anniversary since its establishment on May 1, 2000.
He said MPOB will showcase technologies developed over the past 25 years that are aligned with industry needs and commercialisation potential.

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MPOB TOT 2025 to drive palm tech commercialisation for industry, MSMEs
MPOB TOT 2025 to drive palm tech commercialisation for industry, MSMEs

New Straits Times

time16 hours ago

  • New Straits Times

MPOB TOT 2025 to drive palm tech commercialisation for industry, MSMEs

KUALA LUMPUR: The Malaysian Palm Oil Board Oil Palm Transfer of Technology Programme 2025 (TOT MPOB 2025) is set to offer commercialisation opportunities for palm-based technologies to industry players, local companies, as well as micro, small and medium enterprises (MSMEs). The Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani will officiate the MPOB's annual flagship event, which will be held in Bandar Baru Bangi, Selangor. More than 500 participants comprising oil palm industry players, MSME operators and stakeholders interested in technology commercialisation are expected to attend. TOT MPOB 2025 presents commercialisation opportunities for technologies developed by MPOB researchers across various segments of the oil palm value chain. Scheduled for June 19, the event will feature upstream technologies such as elite planting materials, artificial intelligence (AI) applications in plantations and integrated pest management techniques. In the midstream sector, processing and milling technologies for industrial application will be showcased, while downstream offerings will include formulations for personal care products, health food and animal feed. "Industry participation in the TOT programme offers access to new technologies and innovations within the palm oil production chain, along with opportunities to explore research and commercial collaborations, intellectual property protection through technology licensing, and engagement in a sustainable palm innovation ecosystem," said MPOB director general Datuk Dr Ahmad Parveez Ghulam Kadir. He added that the event will carry a special theme in conjunction with MPOB's 25th anniversary since its establishment on May 1, 2000. He said MPOB will showcase technologies developed over the past 25 years that are aligned with industry needs and commercialisation potential.

IRB: Malaysia exempts businesses below RM500,000 from e-invoicing, delays mandate for RM1m to RM5m group to 2026
IRB: Malaysia exempts businesses below RM500,000 from e-invoicing, delays mandate for RM1m to RM5m group to 2026

Malay Mail

time21 hours ago

  • Malay Mail

IRB: Malaysia exempts businesses below RM500,000 from e-invoicing, delays mandate for RM1m to RM5m group to 2026

KUALA LUMPUR, June 6 — The Inland Revenue Board (LHDN) today announced that the implementation phase for e-invoices for taxpayers with annual income or sales exceeding RM1 million but not exceeding RM5 million has been postponed to Jan 1, 2026. In a statement here, LHDN also announced that taxpayers with an annual income or sales below RM500,000 are exempted from the implementation of the e-Invoice system. 'The implementation phase for taxpayers with annual income or sales up to RM1 million has been postponed to July 1, 2026,' LHDN said. The board added that the decision was made after the government recognised the commitments of taxpayers, particularly Micro, Small, and Medium Enterprises (MSMEs), in meeting e-invoice legal requirements, which necessitate adequate preparation time and face numerous implementation challenges. The statement said that, in line with this decision, a new timeline for the e-invoice implementation phases has been established with Phase 3 targeting taxpayers with annual income or sales exceeding RM5 million but not exceeding RM25 million coming into effect on July 1, 2025. LHDN noted that Phase 4 will involve taxpayers with annual incomes or sales exceeding RM1 million up to RM5 million and will begin on Jan 1, 2026 while Phase 5 will cover the income group of up to RM1 million and will commence on July 1, 2026. The previously announced six-month grace period will also apply to these new phases, the agency said. It stressed that during this period, taxpayers will be permitted to issue consolidated e-invoices for all transactions, including self-billed e-invoices. Necessary details, it said, can be included in the 'Product or Service Description' field. 'If there is a request for an e-Invoice from the buyer, the seller is also allowed to issue only a consolidated e-Invoice without issuing one for each transaction,' the statement said. LHDN also said that during this grace period, no prosecution will be initiated under Section 120 of the Income Tax Act 1967 for non-compliance with e-Invoice regulations, provided taxpayers adhere to the consolidated e-Invoice requirements. 'Furthermore, starting Jan 1, 2026, taxpayers involved in e-Invoice implementation must issue an e-Invoice for every sale of goods or provision of services exceeding RM10,000, and consolidated e-Invoicing will no longer be permitted,' the statement added. For any inquiries regarding the system's implementation, the public may contact LHDN offices, the e-Invoice Help Desk at 03-8682 8000, MyInvois Live Chat, email [email protected], or submit a query through the MyInvois Customer Feedback Form at — Bernama

IRB: Malaysia exempts businesses below RM500,000 from e-invoicing, delays mandate for RM1-5m group to 2026
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IRB: Malaysia exempts businesses below RM500,000 from e-invoicing, delays mandate for RM1-5m group to 2026

KUALA LUMPUR, June 6 — The Inland Revenue Board (LHDN) today announced that the implementation phase for e-invoices for taxpayers with annual income or sales exceeding RM1 million but not exceeding RM5 million has been postponed to Jan 1, 2026. In a statement here, LHDN also announced that taxpayers with an annual income or sales below RM500,000 are exempted from the implementation of the e-Invoice system. 'The implementation phase for taxpayers with annual income or sales up to RM1 million has been postponed to July 1, 2026,' LHDN said. The board added that the decision was made after the government recognised the commitments of taxpayers, particularly Micro, Small, and Medium Enterprises (MSMEs), in meeting e-invoice legal requirements, which necessitate adequate preparation time and face numerous implementation challenges. The statement said that, in line with this decision, a new timeline for the e-invoice implementation phases has been established with Phase 3 targeting taxpayers with annual income or sales exceeding RM5 million but not exceeding RM25 million coming into effect on July 1, 2025. LHDN noted that Phase 4 will involve taxpayers with annual incomes or sales exceeding RM1 million up to RM5 million and will begin on Jan 1, 2026 while Phase 5 will cover the income group of up to RM1 million and will commence on July 1, 2026. The previously announced six-month grace period will also apply to these new phases, the agency said. It stressed that during this period, taxpayers will be permitted to issue consolidated e-invoices for all transactions, including self-billed e-invoices. Necessary details, it said, can be included in the 'Product or Service Description' field. 'If there is a request for an e-Invoice from the buyer, the seller is also allowed to issue only a consolidated e-Invoice without issuing one for each transaction,' the statement said. LHDN also said that during this grace period, no prosecution will be initiated under Section 120 of the Income Tax Act 1967 for non-compliance with e-Invoice regulations, provided taxpayers adhere to the consolidated e-Invoice requirements. 'Furthermore, starting Jan 1, 2026, taxpayers involved in e-Invoice implementation must issue an e-Invoice for every sale of goods or provision of services exceeding RM10,000, and consolidated e-Invoicing will no longer be permitted,' the statement added. For any inquiries regarding the system's implementation, the public may contact LHDN offices, the e-Invoice Help Desk at 03-8682 8000, MyInvois Live Chat, email [email protected], or submit a query through the MyInvois Customer Feedback Form at — Bernama

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