What downstream advancements have taken place in palm oil over the past few years?
Agriculture
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Interviews & Viewpoints | Pang Teck Wai, CEO, Palm Oil Industrial Cluster (POIC) Sabah: Interview from The Report: Malaysia 2016
Articles & Analysis | Implementing new technology and techniques in Malaysia agriculture from The Report: Malaysia 2016
As the world’s second-largest palm oil producer after Indonesia, and a leading producer of natural rubber, Malaysia today also boasts increasingly sophisticated fruit and vegetable, rice, livestock and fisheries sectors. These building blocks are set to undergo some important changes in the years ahead, as the country seeks to implement the...
Articles & Analysis | Global demand for palm oil could see a spike in Malaysian prices from The Report: Malaysia 2016
A global leader in palm oil, Malaysia produces a wide variety of products in addition to basic vegetable oil, ranging from pharmaceuticals to biofuels, biomass, cosmetics and soaps. Research and development (R&D) in the sector continues to turn out uses for the products of this versatile tree. However, in recent times a glut has led to...
Chapter | Agriculture from The Report: Brunei Darussalam 2016
In 2007-08 South-east Asia was hit by an unprecedented shortage of staple food products. A number of factors have been blamed for this event, including droughts, a surge in costs, low stockpiles, increasing demand from growing middle-class populations and speculation over commodity prices. In response, the governments of many countries in the region embarked on efforts to ensure that they...
Commanding the second-highest GDP per capita of all ASEAN nations, at $40,979 in 2014, Brunei Darussalam remains one of the most advanced economies in the South-east Asian region. This is in large part due to the Sultanate’s well-developed energy sector; however, with oil and gas prices falling substantially from mid-2014, new efforts are being made to increase the efficiency of production and diversify the economy to ensure future stability and sustainability.
Government and private initiatives are set to broaden agriculture’s contribution to economic growth and boost smallholder operations by encouraging the use of more advanced technology in the farming sector.