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,...
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...
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...
What is the explanation for such high investor interest in plantation companies in 2012, and what will be the key value drivers going forward?
Over the past few decades the plantations and agriculture sector has become a major contributor to economic growth in Malaysia. In 2011 the industry made up around 7.3% of GDP and employed around 11.5% of the workforce, according to the Malaysia Investment Development Authority (MIDA). Major commercial crops include palm oil, rubber, timber, cocoa,...
How do you rate Malaysia’s regional competitiveness in the alternative fuels market, and what efforts are in place to increase its market share?
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