PUTRAJAYA, Jan 13 — Until job vacancies in oil palm plantations are filled, the labour shortage situation will likely get worse for plantation companies in the first quarter of 2022 before the situation improves, Sime Darby Plantation Bhd said.
“The shortage in labour has resulted in the loss of tax revenue to the government and we should look for other opportunities and not depend on foreign workers,” he said during his slide presentation at the one-day Palm Oil Economic Review and Outlook Seminar 2022 at Marriot Hotel, organised by the Malaysian Palm Oil Board today.
The Malaysian Palm Oil Board director of economics and industry development division Fauziah Arshad said the government should come up with relevant policies to ensure Malaysian palm oil continues to be relevant. “The Malaysia-India Comprehensive Economic Cooperation Agreement and the Malaysia-Turkey Free Trade Agreement are examples of success in the export of processed palm oil. Hence, we should review bilateral trade arrangements to enhance our trade with importing countries,” she said.
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