New Indonesia land law raises fresh risks for Malaysian planters
KUALA LUMPUR: Malaysian plantation companies with substantial operations in Indonesia could face increased regulatory uncertainty following the passage of Indonesia’s new Agrarian Reform Law, according to Public Investment Bank (PublicInvest) Bhd.
KUALA LUMPUR: Malaysian plantation companies with large operations in Indonesia may encounter greater regulatory uncertainty due to Indonesia's recently enacted Agrarian Reform Law, according to Public Investment Bank (PublicInvest) Bhd. Analyst Chong Hoe Leong expressed concern that this legislation could pose an additional challenge for Malaysian planters, following a year marked by land seizures and significant fines in the country.
However, the full extent of the impact on plantation companies remains uncertain, as key implementing regulations have not yet been finalized.
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