AGRICOMMODITY NEWS 2022

Details
Hits: 1342


KUALA LUMPUR (Oct 26): Bursa Malaysia's Health Care index rose more than 3% past 1,600 points to its highest in over two months, helped mainly by the rise in share prices of rubber glove manufacturers, including Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd.

At 5pm, the Health Care Index, which also tracks share prices of pharmaceutical companies and hospital operators, rose 60.56 points or 3.82% to 1,644.83 — marking its highest level since Aug 11, 2022, when it was traded at 1,650.59.

Details
Hits: 379


KUALA LUMPUR (Feb 9): Glove stocks were among the top losers in morning trade on Bursa Malaysia on Wednesday (Feb 9), despite the resurgence of Covid-19 cases and the spread of the Omicron variant globally, with average selling prices (ASPs) of gloves expected to continue trending lower.

As at 9.45am, the Health Care Index, which also tracks share prices of hospital operators and pharmaceutical companies, had fallen 18.4 points or 0.83% to 2,187.31.

Details
Hits: 227



KUALA LUMPUR (Feb 22): The Malaysian Rubber Glove Manufacturers Association (MARGMA) said on Tuesday (Feb 22) Malaysia should "put a halt" to greedy recruitment agents profiteering from job-seeking foreign workers in line with a zero debt bondage commitment in an open and transparent recruitment environment.

MARGMA said in a statement the long-standing debt-bondage recruitment policy, which has resulted in the charging of exorbitant fees to job-seeking foreign workers, has only benefitted unscrupulous recruitment agents in source countries and victimised foreign workers and employers in hiring countries.

Details
Hits: 1984



KUALA LUMPUR: The Rubber Production Incentive (IPG) for smallholders has been activated for November 2022 in Peninsular Malaysia, Sabah and Sarawak, said the Malaysian Rubber Board (MRB) today.

In a statement, MRB said the average farm-level price for cup lump or scrap rubber in November 2022 is RM2.20 per kilogramme (kg) for Peninsular Malaysia, RM1.90 per kg for Sabah and RM1.95 per kg for Sarawak.

Details
Hits: 238


KUALA NERANG, March 26 — Smallholders under the Rubber Industry Smallholders Development Authority (Risda) may stand to benefit if the federal government allows the export of ketum (Mitragyna speciosa) leaves.

Minister of Rural Development, Datuk Seri Mahdzir Khalid said it would not be an offence for rubber smallholders to plant ketum to generate supplementary income if the export of ketum leaves is lawful.

“If it is legal and can bring an income why not? If a sale of one kilogramme of ketum leaves can bring tens of ringgits and it is valid in the eye of the law, I don’t think it is an offence,” he said.

He said this after attending a ‘2022 Padang Terap Risda Prihatin Pekebun Kecil Makmur’ programme here today.

He was asked to comment on a suggestion by Kedah Menteri Besar Muhammad Sanusi Md Nor, recently who urged the federal government to allow the state to export ketum leaves specifically to Thailand for medicinal purposes.

Mahdzir said the federal government must make a decision on the status of ketum since many studies had been conducted on the benefits of its leaves for medicinal purposes.

“But let the Ministry of Health deal with that. I think, we should wait and see what the government decides when the time comes,” he said.

Currently, there are about 552,000 Risda smallholders nationwide with 1.1 million hectares under rubber.

On the Risda Prihatin programme, Mahdzir said 330 school students from rubber smallholder families in the district received schooling aid involving RM66,000.

“Risda helps as best as it can in easing the burden of the smallholder communities to prepare for their children’s schooling,” he said.

Also present was Risda (Development) deputy director-general, Ali Sabuddin Abd Samad. — Bernama

https://www.malaymail.com/amp/news/malaysia/2022/03/26/risda-smallholders-can-benefit-if-ketum-export-is-allowed-says-minister/2049740
Sumber: Malay Mail