• malaysia economic transformation advances oil palm industry
  • malaysia economic transformation advances oil palm industry
  • malaysia economic transformation advances oil palm industry
  • malaysia economic transformation advances oil palm industry
  • Why is palm oil important in Malaysia?
  • AS ONE of the world’s top palm oil producers and exporters, Malaysia has long relied on the industry as a cornerstone of its economy. Since the 1960s, this golden crop has fuelled national growth, contributing over RM100mil in revenue in 2024 alone.
  • Is Malaysia the second largest palm oil producer in the world?
  • Malaysia is the second largest palm oil producer in the world. This review article highlights the performance of the industry in 2023 and the recent R&D progress throughout the entire supply chain. This is aimed at providing future directions for a resilient and sustainable oil palm industry.
  • Is Malaysia's palm oil sector reliant on commodity exports?
  • Value Creation Through Downstream The Malaysian palm oil sector is still heavily reliant on commodity exports, exposing it to a higher degree of price volatility and unpredictable market scenarios.
  • Why is Malaysia's palm oil industry struggling?
  • Mechanization & Advancement The Malaysian palm oil industry faces an uphill struggle with increasing dependence on foreign labour and a slow pace of mechanization. This situation will continue to hinder the overall productivity and growth of the sector. Unfair & Negative NGO Reporting
  • Are smallholders the key to sustainable palm oil production in Malaysia?
  • Smallholders, who account for 30-40% of palm oil cultivation in Malaysia, are integral to the sector’s sustainability. A significant portion – 70% – of FGV’s Fresh Fruit Bunch (FFB) supply originates from smallholders, including Felda settlers.
  • Will precision agriculture be a driver of innovation in Malaysia?
  • However, as precision agriculture gains prominence and in keeping to Malaysia’s 2050 national transformation aspirations, we envisage that these disruptive technologies will be the driver of innovations in all sectors, especially oil palm.oil palm, technologies, sustainable, precision, agriculture.