Malaysian Palm Oil Board director-general Dr Ahmad Parveez Ghulam Kadir says the oil palm plantation sector seems to adapted well to the new norm of working conditions, despite foreign labour shortage due to border closure. – The Malaysian Insight file pic, November 24, 2020.
THE palm oil industry seems to have quickly adapted to the new norm and new business model driven by the Covid-19 scenario after experiencing a slowdown in exports and prices in the first quarter of 2020 due to the pandemic. Malaysian Palm Oil Board director-general Dr Ahmad Parveez Ghulam Kadir said the easing of the Covid-19-induced lockdowns in most countries and the resumption of economic activities would translate into more demand for palm oil.
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