Malaysia expects RM178b revenue from palm oil industry


MUKAH: The Government expects the palm oil industry to generate RM178bil in revenue by 2020, says Plantation Industries and Commodities Minister Datuk Seri Douglas Uggah Embas.

He said on Thursday this could be achieved through higher productivity and greater palm oil-based activities in the downstream sector.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

PUNB appoints Rastam Mohd Isa as new chairman
Hong Kong stocks start 2026 strong on tech rally
Bursa Malaysia ends morning sessions lower
Kenanga IB maintains 2025 growth forecast at 4.8%
Pekat subsidiary bags RM113.31mil TNB contract
Singapore economy grows 5.7% in 4Q25
Chin Hin Group Property enters 2026 with RM2.3bil unbilled sales
Asia's factories end 2025 on firmer footing as orders pick up
Malaysia's Dec PMI remains at 50.1, unchanged from November - S&P Global
Oil edges higher following biggest annual loss since 2020

Others Also Read