Can’t afford to meddle


Big pressure: Malaysia’s palm oil sector faces a new threat after Indian traders were asked to halt purchases amid a row over Kashmir. - AFP

It seems counterproductive to be irking a major contributor of our economy when the price of one of our main commodities is on the wane.

BOYCOTTING our palm oil may not be the Indian government’s official stand, not even two weeks after the controversy surfaced, but the lobbying by some Indian groups – including the media – to punish Malaysia is still unsettling, especially when the price of the commodity is at its lowest.

At stake is the huge Indian market worth RM6.9 billion, so the call for prejudice isn’t something to be overlooked since the country is the world’s largest vegetable oil importer, with Indonesia and Malaysia its palm oil suppliers.

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Wong Chun Wai

Wong Chun Wai

Wong Chun Wai began his career as a journalist in Penang and served Star Media Group for nearly four decades in various capacities and roles. He was group editorial and corporate affairs adviser to the group, after having served as group managing director/chief executive officer. "On The Beat" debuted on Feb 23, 1997. Chun Wai has penned the column weekly without a break, except for occasional press holidays when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star. He is now chairman of national news agency Bernama.

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