PETALING JAYA: The current stable prices of crude palm oil (CPO) at RM4,500 to RM4,900 per tonne offer a good opportunity for local planters to invest some of their profits into mechanisation and automation, says Malaysian Palm Oil Board (MPOB) director general Dr Ahmad Parveez Ghulam Kadir.
This is to reduce the plantation sector’s dependency on foreign labour as well as to increase productivity.
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