KUALA LUMPUR: Malaysia must be one step ahead in planning ways to react to the price volatility in the palm oil market, Council of Eminent Persons chairman Daim Zainuddin said.
Daim said since Malaysia is a small country and 80% of its crude palm oil and palm oil-based products are exported, it is vital for the country to team up with Indonesia, the world largest producer of the commodity, especially in tackling the challenges from the European Union and the US-China trade dispute.
Noting that the price of CPO depends on market forces, he said “this was normal even during my time” . Daim said while it is good news that the US and China are about to wrap up their trade talks, the Malaysian government, its agencies and industry players must also be alert on what transpired during the deals.
Agensi berkaitan pertanian masih bercerita tentang fertigasi sedangkan dunia telah beralih kpd vertical farming. Begitu juga agensi2 kewangan yg sepatutnya membantu usahawan memula & mengembangkan bidang yg diceburi. Gerbang bio-ekonomi telah lama terbuka. MyDSA_official
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