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Palm planters go into agri-related ops to diversify income streams

IOI Corp Bhd is expected to harvest pineapples and other cash crops in early 2022 at its Sagil estate in Tangkak, Johor. (File pic shows Sagil Estate planted with oil palms.)
PETALING JAYA: More oil palm plantation companies are venturing into agriculture-related businesses, from dairy farming to pineapple and coconut cultivation, on a large-scale basis in their efforts to further diversify income streams.
is expected to harvest pineapples and other cash crops in early 2022 at its Sagil estate in Tangkak, Johor.(pic)
The group said some 25,000 MD2 pineapples have been planted each month since August 2020.
“By December 2020, a staggering 125,000 MD2 pineapples had been successfully planted with the minimal workforce. ....

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Rhone Ma to ride on booming fresh milk demand

Higher output: By end-2022, Rhone Ma aims to produce 120,000 litres of milk per month from the current output of 30,000 litres.
WHILE Malaysia has set its sights on achieving 100% fresh milk self-sufficiency by 2025, official statistics show that the country’s annual milk consumption has increasingly outstripped domestic production in recent years.
To put it into perspective, the deficit level for fresh milk has almost doubled from 13.3 million litres in 2014 to 26.1 million litres in 2020, according to data from the Veterinary Services Department.
The booming demand for fresh milk and dairy products is not exclusive to Malaysia alone and in fact, Asean is expected to be a key battleground for the industry over the next decade. ....

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