Malaysian companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country’s economic recovery. Photo: Reuters
Malaysia losing billions in sales as firms turn down orders due to migrant labour shortage
- Malaysia lacks at least 1.2 million workers across manufacturing, plantation and construction, industry and government data show
- The palm oil industry, warns 3 million tonnes of crop could be lost this year as fruit rots unpicked, meaning losses of more than US$4 billion
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Malaysian companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country’s economic recovery. Photo: Reuters