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Palm oil producers are beginning to recruit local workers and pursue automation as the industry reels from the foreign worker shortage brought on by Covid-19.

When I first visited Fiji about six years ago, I did not pay much attention to the natural vegetation.

Sarawak Plantation Bhd’s net profit for the second quarter ended June 30, 2020 rose to RM19.39 million, eight times the RM2.42 million it made in the previous year’s corresponding quarter, boosted by an increase in fair value of biological assets.

Petrol­e­um imports declined nea­rly 25 per cent year-on-year in the first month of 2020-21, the Pakistan Bur­eau of Statistics repo­rted on Monday.

Unilever is planning to use new geo-location technology to make its palm oil supply chains more transparent and tackle a farm-to-table traceability problem that has plagued the industry for decades.

Compared to other vegetable oils such as soybean, rapeseed and sunflower, palm oil is the highest yielding vegetable oil.

Malaysian palm oil futures rose more than 1% on Monday, following higher prices of rival soyaoil on the Dalian Commodity Exchange and the Chicago Board of Trade, although weaker August exports capped gains.

Crude palm oil futures soared to Rs 753.30 per 10 kg on August 17 as participants increased their long positions.

PPB Group Bhd and Kuala Lumpur Kepong Bhd (KLK) settled among Bursa Malaysia top gainers at the bourse’s afternoon break today in tandem with higher crude oil and crude palm oil (CPO) prices.

Kalangala District, a necklace of 64 habitable islands interspersed with lush vegetation, is a jewel in the crown for those seeking a holiday.

Exports of Malaysian palm oil products for August 1-15 fell 16.5 percent to 694,402 tonnes from 831,155 tonnes shipped during July 1-15, cargo surveyor Intertek Testing Services said on Saturday.

Due to lockdowns and strict Movement Control Order, most economies have suffered.