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There were 27 results found for Malaysia and Agriculture

There were 27 results found.
Analysis

In pole position: Expanding land under cultivation for the palm oil industry
OBG
plus

Malaysia is a world leader in the production of crude palm oil (CPO) – and in its development not only as a food product, but as an alternative energy source, too. The commodity looks set for a year of higher prices and demand in 2014-15, with Malaysia plantation companies looking to spread acreage ever further afield. The palm oil industry is going through some profound changes, with the demands…

Analysis

Further afield: Rubber, timber, pepper and cocoa are significant export earners
OBG
plus

While palm oil has come to dominate the Malaysian plantations sector in recent years, the country is also an important producer of a variety of other plantation crops. Indeed, for many years Malaysia has been one of the world’s leading rubber producers, while the country also has significant timber, cocoa, pepper, jathropa, kenaf (similar to jute, or hemp) and tobacco plantations. All of these make…

Chapter

The Report: Malaysia 2014: Agriculture & Plantations
OBG
plus

A major push to boost efficiency in the agriculture and plantations sectors is under way, with the government allocating some RM6bn ($1.8bn) to the sector in its 2014 budget to support a drive for greater productivity, among other strategies. The bulk of agriculture’s contribution to GDP comes from plantation crops, which accounted for 36.5% of the sector’s value in 2012, followed by rubber (8.2%),…

Country Report

The Report: Malaysia 2014
OBG
plus

Malaysia’s GDP per capita is the highest in South-east Asia, with the exception of smaller countries like Singapore and Brunei Darussalam, reaching $10,548 in 2013 based on a GDP of $307.25bn and a population of almost 30m. The country produces 39% of the world’s palm oil and 44% of its exports, and increasing global demand for the commodity bodes well for the industry. Malaysia has seen its s

Economic News

Malaysia’s palm oil industry faces tough market

The palm oil industry in Malaysia appears set for an uncertain few months, with a number of factors coming into play over the last quarter of the year that could push already low prices down even further, just at the time when production is about to peak. As of the end of September, Malaysian palm oil prices were down 6% on the beginning of the year. Moving into October, the commodity was trading…

Economic News

Malaysia: CPO Power

After a slow year in 2012, Malaysian officials expect exports of crude palm oil (CPO) to expand in 2013. Prices that have fallen due to oversupply and slower demand are now on the rise again, and though they may moderate in the second half of the year, an average steady climb over the next two years seems likely.CPO is a major export earner for the country, which is the world’s second-largest producer…

Analysis

Towards sustainability: Providing for the nation’s long-term food security
OBG
plus

Encouraging farmers to make better use of technology is perhaps the greatest challenge facing Malaysia’s agriculture authorities. Boosting technology take-up is considered integral to ensuring that Malaysia is food secure for the foreseeable future. Under the National Farm Mechanisation and Automation Plan (NFMAP), which was launched in January 2012 by the Ministry of Agriculture and Agro-based…

Analysis

Scaling up: Boosting productivity in rural areas
OBG
plus

A local labour shortage has had serious impacts on the agriculture sector. Just under 12% of the country’s total population is employed in the agricultural industry in some capacity, according to statistics from the Malaysia Investment Development Authority, with a great majority of these employees working as labourers in the palm oil, rubber, timber and cocoa segments. While this number is high…

Analysis

Gaining traction: The rubber industry is on the move
OBG
plus

Rubber production in Malaysia is set to double by 2020, provided the government’s ambitious development plans for the industry come to fruition. In 2011 the country produced nearly 1m tonnes of rubber, according to statistics from the Malaysian Rubber Board (MRB). Under the Economic Transformation Programme (ETP), production is expected to reach 2m tonnes per annum by the end of the decade, boosting…

Analysis

Upscaling agriculture: Adopting advanced technology for greater yields
OBG
plus

Recent efforts to upgrade Malaysia’s agricultural sector that include increased incentives for farmers to learn new techniques and adopt advanced technology are expected to lead to greater harvest yields and help meet rising domestic demand for food products. While the sector contributes around 12% of GDP and provides employment to some 16% of the national workforce, most of this is concentrated…

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