The regional office, which would act as a hub for Malaysian commodities, would include the Malaysian Palm Oil Council, the Malaysian Rubber Council and the Malaysian Timber Council, said MPIC Minister Datuk Dr Mohd Khairuddin Aman Razali.(pic)
KUALA LUMPUR: The Ministry of Plantation Industries and Commodities (MPIC) is planning to set up a Malaysian agricommodity regional office in Jeddah, Saudi Arabia, to capitalise on the market potential for the nation’s agricultural commodities in the Middle East and the African continent.
The regional office, which would act as a hub for Malaysian commodities, would include the Malaysian Palm Oil Council, the Malaysian Rubber Council and the Malaysian Timber Council, said MPIC Minister Datuk Dr Mohd Khairuddin Aman Razali.
Ministry targets RM75 billion worth of palm product exports for this year 10 Mar 2021 / 09:31 H. REUTERSPIX
KUALA LUMPUR:
The export value of palm oil and palm oil-based products is targeted to increase to RM75 billion this year from RM73.3 billion in 2020 due to high demand, as economies around the world gradually recover.
Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali said the implementation of the country’s economic recovery initiatives, including the recently launched National Vaccination Programme, will enhance the industry.
“We hope with the vaccination programme now under way, this industry will be stronger and more nimble to improve (export) performance. We also hope that the country’s recovering economy will drive the growth of palm oil prices and raise other commodity sectors,” he told reporters after attending the 2021 Special Address and “A Year of Malaysia Prihatin” ceremony organised by the Ministry of Plantati
KUALA LUMPUR (March 9): The Ministry of Plantation Industries and Commodities (MPIC) will focus on the pepper, cocoa and kenaf commodity sectors this year, other than palm oil and rubber. Minister Datuk Dr Mohd Khairuddin Aman Razali said that the country's agricommodity sector is already thriving on commodities such as oil palm and rubber, but other commodities have potential to be developed as well.
KUALA LUMPUR (Feb 21): The Ministry of Plantation Industries and Commodities (MPIC) is confident Malaysia's export of timber and timber products can reach RM23 billion this year, following the arrival of the Covid-19 vaccines. Its Minister Datuk Dr Mohd Khairuddin Aman Razali said the ministry through the Malaysia Timber Industry Board (MTIB) and Malaysian Timber Council (MTC) would strive to ensure the local wood-based industry will remain competitive in both the domestic and global markets.