‘Golden crop’ loses lustre, smallholders’ incomes drop by 50%


Mohd Farhan Darwis

DESPITE the industrialisation boom of the 1990s, Malaysia continued to invest in palm oil as its popularity as an edible oil continued to grow worldwide.

As a result, the amount of land planted with oil palm in Malaysia doubled from 2.5 million hectares in 1990 to 5.85 million.


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Comments


  • It is clear from this report that palm oil is no longer a viable economic model. Old people should not have to be working their lands anyway and small plots are not efficient. Instead of the government trying to defend a dying industry it should totally overhaul crop growing to protect the environment and the income of the landowners. The old model no longer works

    Posted 5 years ago by Malaysia New hope