Daim: No future for palm oil, but coconuts is a possibility | Malay Mail

SUBANG, Nov 27 — Unless the government is able to channel palm oil towards food production, there is no future for the industry, former finance minister Tun Daim Zainuddin said today. Daim was responding to reporters when asked why he had earlier indicated that coconut is a “future crop” and...

BY SOO WERN JUN

Daim was responding to reporters when asked why he had earlier indicated that coconut is a “future crop” and not palm oil. “The smallholders are suffering so then I’ve been discussing with them how do you the smallholders. Previously reported, coconuts are Malaysia’s fourth largest industrial crop behind oil palm, rubber and rice.

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