![]() |
| Sources : https://imarcgroup.files.wordpress.com |
If crude oil
is known as "black gold," then palm oil can be aptly termed
"green gold." Palm oil stands as the most important vegetable oil
source, playing a pivotal role in both upstream (plantations) and downstream
(processing or industrial) sectors, thereby enhancing the income of
stakeholders, including farmers and workers.
According to DJIA (2016), palm oil contributes significantly to value addition domestically, job creation, and foreign exchange earnings through exports. Beyond its role as a cooking oil, palm oil also serves as an industrial oil and biodiesel (a renewable fuel source).











