Oil palm planting halt in Sarawak for timber firms


Big industry: A timber company’s harvest in Sarawak. The state embarked on the planted forest programme in 1997 to ensure sustainable supply of raw materials for the downstream timber-processing industries and to reduce pressure on the natural forest.

KUCHING: Timber companies holding licences for planted forests (LPFs) are no longer permitted to carry out any new oil palm planting in the licensed areas with immediate effect.

The LPF holders failing to complete the new tree planting plan by 2025 may have the unplanted areas taken back by the state authorities for re-issuance of new LPFs to potential investors.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
oil palm , planting , plantations , timber firms , Jaya Tisa ,

Next In Business News

LSH Capital gets nod for Bandar Malaysia-Seri Kembangan expressway
Tokyo court dismisses IHH unit's claims against Daishi Sankyo
Techna-X appoints Tunku Kamariah as deputy chairman
Paragon Globe unit bags RM45.16mil data centre contract
Cape EMS unit partners Helios to distribute BESS in Europe, Asia Pacific
Alam Maritim operations continue as usual despite CEO facing ship charter rate fraud charges
Ringgit firmer against US$ ahead of CPI data
Gamuda JV delivers southern part of M1 Pacific Motorway extension to Raymond Terrace
S&P 500, Dow futures attempt recovery ahead of inflation report
Bursa Malaysia ends lower as widening Middle East conflict weighs on sentiment

Others Also Read