KLUANG, March 6 The Rubber Industry Smallholders Development Authority (Risda) has allocated RM86.57 million this year for productivity development and marketing for smallholders with mature rubber trees nationwide. Risda chairman, Datuk Seri Mohd Salim Mohd Sharif, said that it would benefit.
While the causes of The Great Resignation appear to be many, the results are similar. Significant talent is being lost and not replaced in companies of all sizes, leading to production areas declining or being dropped entirely, like automotive or other major sales segments.
Malaysia’s rubber exports continued to record strong growth in 2021, climbing to 64.61 billion ringgit (about 15.5 billion USD), according to Khairuddin Rahim, Deputy Executive Director Malaysia Investment Development Authority (MIDA), adding that the figure was 25.84 billion and 43.64 billion ringgit, respectively, in 2019 and 2020.
Supply chain woes. Labor shortages. Vaccine mandates? Looking ahead, the Association for Rubber Products Manufacturers says 2022 warrants both concern and "cautious optimism."