Sustainable palm oil scheme vital to industry, says analyst

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Sathia Varqa of Palm Oil Analytics foresees more markets demanding sustainable-certified products. FMTNews PalmOil SathiaVarqa

KUALA LUMPUR: An analyst of the palm oil industry has welcomed Malaysia’s push for certification of all domestic producers under the Malaysian Sustainable Palm Oil scheme.

However, he voiced confidence that demand for its use in various industries would rise with increases in the pace of the development of various countries. A better working environment, he added, could help resolve the problem of a lack of local labour, which was posing structural problems to the industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Timber companies must adapt as forest plantations rise in importanceKUCHING: Timber industry players in Sarawak must adopt new technology to remain sustainable and competitive, says Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan.
Source: staronline - 🏆 4. / 75 Read more »

Golf losing its swing due to sputtering economy, say industry playersPETALING JAYA: Golf, which used to have a reputation as a sport for the well-heeled elite, is showing signs of economic strain. The number of enthusia...
Source: theSundaily - 🏆 25. / 51 Read more »