Better outlook for planters

The government will draw up new strategies and approaches to combat the anti-palm oil campaign by the European Union (EU) which give negative perceptions of the palm oil industry in this country.

PETALING JAYA: The earnings of plantation companies are expected to recover in the second half of this year after the sector took a hit in the last quarter.

The results of most local plantation were down in the second quarter due to the triple-whammy of low crude palm oil (CPO) prices, low output and high cost of production.