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KUALA LUMPUR: Malaysia’s major commodities suffered a setback in 2023 despite a weaker ringgit as it was overshadowed by demand deficits due to global economic uncertainties arising from the ongoing geopolitical tensions.
GET ready to satisfy your sweet tooth, as the much-awaited inaugural Pastry and Cocoa Festival 2023 comes to tantalise city folks with various delectable options and flavours.
Malaysia’s cocoa production of 100,000 tonnes per year is insufficient to fulfil the cocoa industry’s demand of 350,000 tonnes per year, resulting in the country to import the commodity to fulfil domestic demand, the Malaysian Cocoa Board (MCB) Director-General Dr Ramle Kasin said