SIK, Sept 27 – FGV Holdings Bhd plans to implement innovative farm management techniques to address the challenges of climate change, which are causing a decrease in palm oil yields.
Its chairman, Tan Sri Rastam Mohd Isa said the company has undertaken research and development to find ways to ensure that farm yields can meet market demands.
“The palm oil industry faces various challenges, one of which is climate change, causing yields to differ from previous years. For example, the prolonged drought in the past has also impacted farm output.
“To ensure that yields continue to increase, we need innovation and renewal in how we manage our farms,” he told reporters after launching the “Program FGV Seikhlas Hati”, in collaboration with Felda and the Kedah State Zakat Board (LZNK) at Felda Teloi Timur, on Thursday.
Rastam mentioned that another challenge for the palm oil industry is the efforts by entities in Europe and the United States, which appear to be aiming to restrict palm oil development or production.
