Paper Title
A Comparative Case Study of Thai’s and Malaysia’s Value Adding Policy and Processes in Palm Oil Industry

Abstract
Malaysia is a country with its strength in oil palm plantation. Even though, in the past, Malaysia started off similarly to Thailand in both human resource and technology level used in the palm oil industry, Malaysia was able to bring its sole strength, which was the basic oil palm materials into the best utilization and transformed its basic palm oil industries into the new advance industry that contribute higher economic returns to its GNP.The whole value chain of Malaysia palm oil, from upstream to downstream, has become as high as thirty billion USD. It took longer than 40 years for Malaysia to develop this success. Nowadays, Malaysia is a country that own some oleochemical technology and become one of leaders in global oleochemical market. Whereas, palm oil is one of the important agro-based industries in Thailand with contribution to the country’s development during the past 20 years, Thailand had to request for suspension of free trade in palm oil for a period of time, to give the palm oil industry a chance to become more competitive, particularly with its neighboring countries Malaysia and Indonesia. Although Thailand has continuously supportive policies to oil palm and palm oil industry but it is clearly shown that the gap of development and the growth of Thai and Malaysian palm oil industries are becoming larger. This study aim to compare the policies and implementations of these two countries in order to clarify the significant or missing issues in agricultural industry policy development of Malaysia, the successor, compare to Thailand, the follower. Qualitative analysis approach is used, data relating to Malaysia and Thailand palm oil policy and implementation during 2010-2018 from both domestic and foreign secondary resources is collected and applied to the study. Once the data is obtained, it is compared and analyzed by using balance score card (BSC) framework to understand the different perspectives of policies of the two countries. The comparison between the two countries’policies using BSC Model reviews the difference of successor and follower in palm oil industry and determines the strength of successor caused by policy implementation. Index Terms - Oleochemical industry, Oil palm policy.