Malaysia Your Business Partner (MYBP)

MALAYSIA Your Business Partner

Sustainability Sustainability has been long embedded in Malaysia’s development. This is evident in the New Economic Policy when it was introduced in 1970 and in subsequent master plans, all of which have adopted the elements of sustainability including in economic growth, and strive for equitable distribution of wealth to all sections of society as well as being cognisant of the need for environmental conservation.

In addressing the issue of welfare in labour, the Government has amended the Workers’ Minimum Standards of Housing and Amenities Act 1990 (Act 446). This outlines the minimum standard of accommodation and facilities, and is applicable to all work sectors and in compliance with the international standards of health.

The Malaysian Government has made the Malaysian Sustainable Palm Oil (MSPO) Certification mandatory for all oil palm plantations, independent and organised smallholdings and palm oil processing facilities to ensure that the country’s palm oil industry complies with international sustainability requirements. This encompasses the entire supply chain from growers to traders and retailers, and aims to reduce the industry’s social and environmental impact and to assist in certifying the palm oil for the export market.

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