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Malaysian palm oil industry performance during epidemic covid 19

Ashaari, Azmirul and Abdullah, Mazilah and Mohd. Fuzi, Nursyazwani (2022) Malaysian palm oil industry performance during epidemic covid 19. International Journal of Academic Research in Business and Social Sciences, 12 (1). pp. 622-628. ISSN 2222 -6990

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Official URL: http://dx.doi.org/10.6007/IJARBSS/v12-i1/12058

Abstract

The epidemic of Covid-19 has a significant impact on demand for vegetable oils, especially palm oil. On a worldwide scale, numerous countries have implemented lockdowns, resulting in the closure of businesses, including the transportation and food industry. Malaysian palm oil industry is primarily reliant on manual labour. Due to total lockdown, workers have suffered many kinds of impacts that affected significantly on the production of palm oil in Malaysia. It also causes the supply chain of palm oil to be disrupted and having a shortage. Hence, current research aims to review the performance of the Malaysian palm oil industry during the epidemic. This research also identifies the impact of epidemic Covid 19 on the Malaysian palm oil industry. This research may help agencies and parties related to the Malaysian palm oil industry to overview and plan the industry sustainability.

Item Type:Article
Uncontrolled Keywords:palm oil, industries, production, price market, strategic planning
Subjects:H Social Sciences > HB Economic Theory > HB615-715 Entrepreneurship. Risk and uncertainty. Property
Divisions:International Business School
ID Code:100505
Deposited By: Narimah Nawil
Deposited On:14 Apr 2023 02:38
Last Modified:14 Apr 2023 02:38

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