TSH Resources says palm oil yields set to rise

TSH said in an announcement to Bursa Malaysia yesterday that it would continue to focus on oil palm planting programmes in Indonesia and Malaysia

PETALING JAYA: TSH Resources Bhd, the plantation company that also has operations in Indonesia, says palm oil yields will extend their rebound as the impacts of El Nino continue to wane.

Fresh fruit bunch production jumped more than 20% in the first half from a year earlier to about 600,000 tonnes, Datuk Tan Aik Sim, its group managing director, told Bloomberg.