Malaysia says palm oil industry faces $2.4 billion annual loss due to labour crunch

Reuters

Published Jun 30, 2021 11:03PM ET

Updated Jul 01, 2021 04:46AM ET

KUALA LUMPUR (Reuters) - Malaysia, the world second-largest palm oil producer, is facing a labour shortfall of around 32,000 people due to corononavirus restrictions, the country's commodities minister said on Thursday.