How Malaysia can up its game in the palm oil market. We must adopt a new benchmark in which we strive to maximise the margin for every tonne of Malaysian palm oil produced. Could we be more liberal in our duty structure to encourage more purchase of crude palm oil against soya oil and canola oil by our key customers? In my view we should try to be the “Switzerland” in the palm oil sector by focusing on five things. Without palm oil, poverty in the consuming nations would be worse, because the price of consuming oil would probably be about 50% higher.

Source: The Star December 03, 2016 00:21 UTC