MPOB: Palm oil industry remains resilient under MCO
KUCHING, Aug 28 — Malaysia’s oil palm industry remains resilient during the movement control order (MCO) and the National Recovery Plan (NRP) currently being implemented nationwide as the agriculture sector continues to be one the main contributors to the country’s Gross Domestic Product (GDP) growth during the Covid-19 pandemic.
Director-general of Malaysia Palm Oil Board (MPOB) Ahmad Parveez Ghulam Kadir said during the first implementation of the MCO from March 18 to April 28, 2020, agriculture was the only sector that recorded positive growth of 0.9 per cent year-on-year for the second quarter of 2020.
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