The Malaysian Palm Oil Board (MPOB) has partnered with AladdinStreet China to enhance Malaysian palm oil market in China by leveraging on the e-Commerce platform. MPOB said in a statement Tuesday [14 November 2017] that its Palm Oil Research and Technical Institute in China (PORTSIM China) has forged the strategic alliance, which is achieved by capitalizing on the incentives and facilities offered under the Belt and Road initiative…Full Article: Xinhua Nov 2017

Key Point

  • AladdinStreet China will waive its CNY 300,000 registration [~USD 47,500] for the first ten Malaysian palm oil exporters or vendors who join the e-commerce platform.

ChinaAg Comment

  • In September 2017, the Malaysian halal compliant e-commerce platform, AladdinStreet, launched its services in China. AladdinStreet China will sell halal certified food products, as well as non-halal products.

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