Sri Lanka palm oil ban won t affect Malaysia s commodity market — Mohd Khairuddin theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
MELAKA: Sri Lanka s ban on palm oil imports from Malaysia announced yesterday is not expected to affect the country s key commodity industry as Malaysia’s market is growing in several countries such as Africa and the Middle East.
Minister of Plantation Industries and Commodities Datuk Dr Mohd Khairuddin Aman Razali said apart from that, the demand for Malaysia’s palm oil was also increasing in the Philippines and Vietnam, thus proving that the quality of the commodity was one of the factors that helped expand its market globally. The world has a population of over seven billion people and we are confident our palm oil will be accepted worldwide.
Malaysia is Asia s second-largest cocoa producer thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Ups and downs of rubber, pepper & cocoa industry 13 Dec 2020 / 11:11 H. Pix for representational purpose only. - Reuters
KUALA LUMPUR: The rubber, pepper and cocoa industry in Malaysia is not isolated from the effects of the Covid-19 pandemic which triggered not only supply problems, but also demand, coupled with the labour shortage plaguing the agricultural sector.
In order to stabilise agri-commodity prices in the face of continuing economic challenges, the government implemented several measures including exploring new markets through promotional activities and matching new markets with local manufacturers and buyers from abroad.
Among the government incentives to assist the rubber sector is through the RRIMniaga Application which can be used by licensees to record rubber transactions to expedite the Rubber Production Incentive application process from the Malaysian Rubber Board (MRB).