๐ Please Subscribe: ✍ MMO) – Unless the government is able to channel palm oil towards food production, there is no future for the industry, former finance minister Tun Daim Zainuddin said today. Daim was responding to reporters when asked why he had earlier indicated that coconut is a “future crop” and not palm oil. “Study has been done. Unless they do more research, in the case of palm oil, to turn it into let’s say, more for food, then there is the future. “Because at present, in terms of land usage, the biggest if palm oil,” he said when met by reporters after speaking at the Poverty in Malaysia: Reality vs Perception dialogue organised by the Asian Strategy and Leadership Institute (ASLI). Commenting further, Daim said next to palm oil, estate land is used for rubber trees. However, he said even rubber prices have gone down drastically.“The smallholders are suffering so then I’ve been discussing with them (if they are suffering yet the manufacturers are making money) how do you (assist) the smallholder ...
๐
0 Comments