physical buying of palm oil and palm oil products among Muslim countries, including some provinces in China would increase as the fasting month of Ramadan nears
KUALA LUMPUR, April 19 — The Ministry of Agriculture and Agro-based Industry (MoA) in collaboration with the Ministry of Economic Affairs will undertake a RM1 billion cash crop project to help restore Felda’s financial health within five years.
Its minister, Datuk Salahuddin Ayub said the decision was made at the meeting of the National Physical Planning Council (NPPC) yesterday with Economic Affairs Minister, Datuk Seri Mohamed Azmin Ali who tabled the new approach.
"To restore Felda’s financial position, perhaps a quarter of the RM1 billion be used to start the project. Indeed these two ministries must cooperate in this effort.
“The MoA has the expertise through agencies such as MARDI (Malaysian Agricultural Research and Development Institute) and FAMA (Federal Agricultural Marketing Authority) which will take on the role of helping Felda and making the cash crop concept a success,” he told a news conference after a Town Hall session with MoA customers, here, today.
Describing the measure as a big challenge for his ministry, Salahuddin said the secretary-generals of both ministries would start the discussion while further measures would be taken at the ministerial level to help Felda increase its income.
On April 10, Mohamed Azmin had tabled the Felda White Paper themed ‘Towards Felda’s Sustainability’ in Parliament which explains the issues faced by Felda and its restoration plan to win back public confidence in the agency and to safeguard the interest of the settlers.
Salahuddin who earlier attended the Meet-the Customers programme organised by FAMA, said he received various feedback from local entrepreneurs towards helping this group expand their businesses.
He said FAMA needed to improve the online business platform, www.agrobazaar.com.my, “as online sale is the trend now and has high potential to assist local entrepreneurs market their products at a higher level”.
Meanwhile, FAMA chairman, Ishak Ismail said sales via the agrobazaar portal reached RM4.5 million last year involving 4,840 registered marketers.
“Online marketing is a popular sales medium now due to the fast and convenient transactions with delivery service also provided,” he added. — Bernama
@freddiehero...u use this tactic to make weak holders to sell to u ah? At least say rm1 or rm1.1 la...u say 0.65 who believe u wor....u underestimate olang mia intelligence la
And so, silence settles upon the sawit plantation. The still of the night is only broken by the sounds of insects and bats. Dawn shall soon break, and another adventure begins. FGV shall rise to its calling, a surge in its price :))
SEREMBAN (April 21): Prime Minister Tun Dr Mahathir Mohamad’s visit to China beginning on Thursday will focus on attracting investment in three sectors, says Transport Minister Anthony Loke Siew Fook.
Loke, who will accompany the prime minister, said besides the three sectors, attention will also be given to wooing investment in shipping, noting that the main agenda is the promotion of Malaysia’s palm oil industry in the republic.
“We want to attract investments from China in various sectors. What is important is we want them to build their factories here in various industries. We are confident that the good bilateral relations between us will boost investment opportunities in our country.
“We cannot deny that China is a great economic power now, so like it or not we need to attract their investment. They can provide many bilateral trade and investment opportunities for us.
“Secondly, we export raw materials, palm oil, commodities and the like, and thirdly, we can attract more Chinese tourists to Malaysia. So these are the three sectors we want to continue to promote, and I’m confident these efforts would enhance our country’s economic performance,” he said here tonight.
He was speaking to reporters after launching the Harapan sports carnival for the Ampangan state constituency. Also present were Ampangan assemblyman Dr Mohamad Rafie Ab Malek, who is also state Investment, Industrialisation, Entrepreneurship, Education and Human Capital Committee chairman.
Loke, who is also Seremban MP, said Malaysia collaborates with China in many fields including railways, citing a rolling stock centre in Batu Gajah, Perak.
“We also want to collaborate more in shipping, including in further improving our ports’ performance.
“But what we stress in our collaboration with China is that locals are given opportunities, that’s why for the East Coast Rail Link (ECRL) project, we want to raise local participation,” he said, noting that the revised ECRL deal increases Malaysian companies’ role to 40 per cent of works.
Dr Mahathir is making a four-day visit to China beginning on Thursday for the Belt and Road Initiative (BRI) Forum in Beijing, where he will speak at a discussion and a high-level meeting.
He will also meet with Chinese President Xi Jinping, Prime Minister Li Keqiang, and business leaders.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Tongkarat
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Kebun sawit nampak cantik menghijau....