Palms for the Future
CEO of MPOC This is an interview that was published by Calibre magazine. Calibre is a magazine that offers articles with topics on latest economic, social, business and lifestyle published by Public Mutual. In this interview, I share my thoughts on the Malaysian palm oil industry's issues such as the ongoing sustainability debate, nutrition and also some market insights | Click here to download the article | PDF (1.8 MB)

Copenhagen: Outcome As Predicted

by Dr Yusof Basiron on January 25, 2010

The recently concluded Copenhagen climate summit was viewed by many participants as a failure for its inability to yield sizable reductions in carbon emissions. But for those concerned with the welfare of the world’s poor, particularly many of those living in tropical climates, the summit’s failure was in fact its greatest triumph. An effort by wealthy Western country activists to limit the economic growth potential of the developing world was roundly defeated.

The effort to cap poor country growth includes an initiative called Reducing Emissions from Deforestation and Forest Degradation in Developing countries (REDD). Crafted by the World Bank in conjunction with policymakers from several rich countries, REDD’s stated objective is to “avoid deforestation.” But it is more accurate to say that it is an attack on palm oil producers and those who benefit from the industry’s jobs and products. Read the full article →

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Look out for the Malaysian Palm Oil Brand

by Dr Yusof Basiron on December 2, 2009

As we approach the year end, thousands of oil palm farmers and smallholders are relieved at the prospect of palm oil prices being maintained at more than RM 2400 per tonne for December 2009. Although the lucrative prices for 2008, which were partly influenced by high prices of petroleum, could not be repeated, the present year end daily prices of above RM 2400 per tonne signal many positive trends that await the industry in 2010.

Buyers too were happy that palm oil continues to provide them with an abundant supply of affordable raw material for various end-uses. Palm oil is still sold at a discount to soya, rapeseed and sunflowerseed oils. Malaysian palm oil suppliers are able to comply with the needs of the buyers, by adhering to the wisdom that customers are always right. In Europe, even power plant operators are able to use certified sustainable Malaysian palm oil viably to produce electricity and heat. Such power plant operators have limited choice as using locally available rapeseed oil will cause their engines to malfunction because of polymerization problems of the rapeseed oil in the engines during operations. Read the full article →

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What Deforestation?

by Dr Yusof Basiron on October 31, 2009

Many critics of the Malaysian oil palm industry do not know that Malaysia agreed to generously keep aside its pristine natural tropical forests 15 years ago when the country pledged at the Rio Earth Summit to maintain a minimum of 50% of its land area under permanent forests. The policy behind the pledge remains intact as Malaysia today still has 56% of its area under permanent natural forests. Such a large percentage of forests is maintained mainly for conservation purposes and to support the forest industry which enables Malaysia to be a world major exporter of tropical timber. Besides providing more than adequate area for biodiversity and habitat needs including home for the orang utans and global warming mitigation purposes, the timber industry allows Malaysia to earn some RM 22.56 billion in 2008 or 3.4% of the country’s export earnings.

Timber production has gone through its own cycle of environmental attacks by NGOs and remedial measures have been put in place to ensure only sustainably managed timber and legal timber products are exported. The process of adopting an internationally recognised certification scheme for sustainable and legal timber has taken a long time to evolve as not all producer countries and importers are committed to adopt a common sustainability scheme. Malaysia has progressed much in these efforts as more and more of its timber are exported under some forms of certified timber scheme depending on the demand and agreement with the regional importers. Read the full article →

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Misquoted in The Star Newspaper

by Dr Yusof Basiron on October 27, 2009

Ms Hillary Chew is a respected environmental campaigner for the Star and should not write words as though they were from my statements. I never said that oil palm plantations are good habitats for orang utans. Additionally, I have never seen statements by the oil palm industry insisting that the oil palm plantations have no less biological diversity than the natural forests. These are Ms Chew’s own words.

Those attending the recent orang utan colloquium are free to report in any way they like. In my view, the most important finding is the report by Dr Acrenaz that the orang utans do indeed feed on the loose fruits of the oil palm. Previously, the other orang utan “experts” insisted that orang utans do not eat the oil palm fruits. Read the full article →

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Environment Comment

by Dr Yusof Basiron on October 23, 2009

Mr Sean Whyte complained in the media as an NGO that the NGOs are doing a good job telling the truth about the manner that the oil palm industry is run. This is a good start and the role played by the NGO is most appreciated. As far as Malaysian oil palm industry is concerned, there are numerous laws in this country to protect the industry, environment and the people. NGOs are encouraged to report to the authorities of any wrong-doings, and culprits would be punished. If no report of wrong-doings can be submitted, then NGOs are simply acting as critiques spreading erroneous assumptions and “it was reported” type “facts” again and again. Let us have the complaints in the form of an official report, and the industry through its enforcement body such as the MPOB can response to the complaints. Thank you for your good intention.

Yusof Basiron CEO MPOC

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