Rhapis excelsa

Description: Rhapis excelsa grows up to 4m in height and 30mm in diameter in multi-stemmed clumps with glossy, palmate evergreen leaves divided into broad, ribbed segments. Leaf segments are single or few in young plants and increase to a dozen or more in mature plants ; segments divided to the petiole. Leaf ends are saw-toothed unlike most other palms, occuring on slender petioles ranging from 20 to 60 cm in length.New foliage emerges from a fibrous sheath which remains attached to the base. As the plant age, the sheath fall, revealing the bamboo like trunks.

Flowering and Fruiting: Between April and September.

Economic Importance: Rhapis excelsa can successfully eliminate airborne contaminants, including ammonia, formaldehyde, xylene, and carbon dioxide, from homes. Rhapis excelsa truly purifies and improves the quality of the air in your house, in contract to other plants that only produce oxygen. It is a small palm with fan like leaves, grown as an indoor plant or ornamental plant.

Reference: https://en.wikipedia.org/wiki/Rhapis_excelsa