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.
India has issued about 70 licences for importing about five lakh tonnes of refined palm oil from three countries -- Bangladesh, Nepal and Indonesia, sources say.
Plans are underway to rebrand palm oil, according to a Malaysian minister.
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.
India has issued about 70 licences for importing about five lakh tonnes of refined palm oil from three countries -- Bangladesh, Nepal and Indonesia, sources say.
Plans are underway to rebrand palm oil, according to a Malaysian minister.
