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The 2020 Forbes ranking, however, sees a drop in net worth
KUALA LUMPUR: Malaysian palm oil producers must use technology to improve yield and compensate for restrictions on land use, as the industry wrestles with concerns about sustainability, the chairman of the Malaysian Palm Oil Council (MPOC) said.
PUTRAJAYA (Bernama): The funeral cortege of Tan Sri Lee Shin Cheng - the grand patriarch and founder of local conglomerate IOI Group - has left the family residence to his final resting place.
KUALA LUMPUR: Condolences and tributes are pouring in for the late Tan Sri Lee Shin Cheng and many felt his passing was a great loss to the nation.
NANJING: There is still room to grow Malaysia’s palm oil exports to China given the continuous increase in demand and consumption, says Primary Industries Minister Teresa Kok.
TWO of Malaysia’s top planters have raised concerns over Malaysia’s long-standing oil palm-related issues such as stagnating yields, skilled worker woes and low interest in value-added downstream activities, as well as the urgent need to address the negative perception on palm oil in the world markets.