Short Position - Planters’ bane, Healthcare ventures,

TheStar Sat, Jul 16, 2022 07:10am - 1 year View Original


For decades, Indonesia has been the mecca for many Malaysian plantation companies as a reliable source for migrant estate workers. However, this is no longer the case, especially when Indonesia took over the status of the world’s largest producer of palm oil from Malaysia with many Indonesians opted to stay home and work in the oil palm estates there.

Planters’ bane

IT was a rude awakening for local planters this week, when Indonesia again displayed its inconsistent policy by freezing the recruitment of its workers for Malaysia.

Hopes were dashed for the arrival of the first batch of 32,000 Indonesian workforce meant for the sector here.

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