Palm oil output at risk as lockdown worsens labour shortage


“The crux of the issue is the labour shortage. We have lost of about 20% to 30% of our potential production because of this, ” according to Datuk Nageeb Wahab, chief executive at the Malaysian Palm Oil Association, a growers’ group that represents 40% of palm plantations by area. “That would have gone up more this year especially among smallholders, ” he said in an interview.

MUMBAI: A resurgence of Covid-19 infections in No 2 palm oil grower Malaysia is set to exacerbate a labour shortage and curb production of the world’s most-consumed cooking oil.

The South-East Asian country, which announced it will extend the first phase of its national lockdown to the end of June, has shuttered non-essential industries and is expected to prolong a freeze on the recruitment of foreign workers as it battles with a third wave of the pandemic.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Etiquette at an open house
Trump’s presidency a boon
Elevating outdoor oases
GDA stands firm on RM11 offer for MAHB despite directors' rejection
Ringgit expected to trade within narrow range next week amid holiday calm
Oil steady as markets weigh Fed rate-cut expectations
The beauty of Hygr’s formula
Top Glove bullish on outlook amid steady order inflows
US market - prudence is golden
Book speaks volumes about Penang food

Others Also Read