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IPG: Only 110,000 smallholders make claims so far


18 Apr 2021 / 18:19 H.
KUALA
PILAH: Only 110,000 out of 500,000 smallholders nationwide have claimed the Rubber Production Incentive (IPG) to date, said Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali.
He said this was probably caused by poor rubber tapping activities or plantations inherited by their children were left abandoned.
This situation had caused a huge loss to the country from the economic aspect, in addition to the waste of resources, he said.
“It is such a small amount and I’m wondering where did the 500,000 smallholders go? Do they not make claims?
“Perhaps many have stopped tapping due to the low price of rubber. The plantations are there but they don’t produce anything. This is a loss to the country,” he told reporters after the handing over of contributions to 100 smallholders here, today. ....

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Minister: Only 110,000 out of 500,000 smallholders have made Rubber Production Incentive claims so far | Money


Sunday, 18 Apr 2021 06:25 PM MYT
Datuk Mohd Khairuddin Aman Razali is pictured during a Civil Defence Force event at Hotel Paya Bunga in Kuala Terengganu August 19, 2020. ― Bernama pic
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KUALA PILAH, April 18 Only 110,000 out of 500,000 smallholders nationwide have claimed the Rubber Production Incentive (IPG) to date, said Plantation Industries and Commodities Minister Datuk Mohd Khairuddin Aman Razali.
He said this was probably caused by poor rubber tapping activities or plantations inherited by their children were left abandoned.
This situation had caused a huge loss to the country from the economic aspect, in addition to the waste of resources, he said. ....

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Govt activates rubber production incentive for January 2021


KUALA LUMPUR (Feb 2): The Rubber Production Incentive (IPG) for January 2021 has been activated in Peninsular Malaysia, Sabah and Sarawak, according to the Malaysian Rubber Board (MRB).
It said the activation was due to the average farm-level rubber price in January 2021 for cup lump or scrap rubber being at RM2.45 per kg in the peninsula, RM2.15 per kg in Sabah and RM2.25 per kg in Sarawak.
The IPG is active for January 2021 with payment in the peninsula at five sen per kg, 35 sen per kg in Sabah and 25 sen per kg in Sarawak, the MRB said in a statement today.
Starting from January 2019, the IPG will be activated if the average monthly price of Standard Malaysian Rubber 20 (SMR 20) free on board-grade rubber is at RM6.10 per kg or the farm-gate price is RM2.50 per kg or below. ....

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Ups and downs of rubber, pepper & cocoa industry


Ups and downs of rubber, pepper & cocoa industry
13 Dec 2020 / 11:11 H.
Pix for representational purpose only. - Reuters
KUALA LUMPUR: The rubber, pepper and cocoa industry in Malaysia is not isolated from the effects of the Covid-19 pandemic which triggered not only supply problems, but also demand, coupled with the labour shortage plaguing the agricultural sector.
In order to stabilise agri-commodity prices in the face of continuing economic challenges, the government implemented several measures including exploring new markets through promotional activities and matching new markets with local manufacturers and buyers from abroad.
Among the government incentives to assist the rubber sector is through the RRIMniaga Application which can be used by licensees to record rubber transactions to expedite the Rubber Production Incentive application process from the Malaysian Rubber Board (MRB). ....

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