KUALA LUMPUR: Stagnating palm oil production, declining productivity, shortage of talents amid the mounting environmental challenges continue to affect Malaysian planters.
According to United Plantations Bhd
vice-chairman and chief executive director Datuk Carl Bek-Nielsen, it is important to prevent complacency in the industry.
He said it is crucial for all players in the industry to come together and prioritise the adoption of sustainable practices to remain resilient and retain their competitive edge.
While incremental improvements were seen in other oilseeds crops such as rapeseed and sunflower with increased yields per hectare over the years, he pointed out palm oil output has remained stagnant for the past 25 years.
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