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Palm Oil (CPO) News - Malaysia Facing Severe Labour Shortages
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Malaysia Facing Severe Labour Shortages

Malaysia facing severe labour shortages. According to Malaysian Estate Owners’ Association (MEOA), Malaysia is facing shortage of 120,000 workers for Palm plantations. This situation is likely to deny Malaysia of the profit it could gain due to high price amid good export demand. Malaysia had permitted 32,000 workers to enter in Malaysia, however agreements holdup has prevented the same to happen.

Malaysian Palm Oil Council (MPOC) has also lowered its production outlook to 18.6 million tonnes for the year from an earlier estimate of 18.9 million tones due to persistent issue. Trade participants expects production to further fall from 18.6 MT if labour issue is not tackled.