Rubber Report - 8 November 2018 | DZHI - DZH International 

Rubber Report - 8 November 2018

  • i2Matrix
  • 8 November 2018
Malaysia: Ministry ready to help rubber tappers, oil palm growers
PUTRAJAYA (Nov 7): The Rural Development Ministry has ways to help raise the income level of smallholders hit by the low commodity prices of rubber and palm oil, said its minister Datuk Seri Rina Mohd Harun.
Commenting on reports about the worries of rubber tappers and oil palm growers affected by the price drop and unpredictable weather, she said the ministry had various entrepreneurship programmes for them.
Rina said she was ready to meet the group regarding the alternatives it can offer them, although they are no longer under the ministry.
“We can relate to issues like the income level of the rural population and, based on that, we have prepared various entrepreneurship programmes they can participate in to boost their income,” she said at the media briefing on the Rural Technological Entrepreneurship and Innovation Expo (Inotekdesa) 2018 at the Ministry today.
“Besides providing business opportunities, innovations in the palm oil sector — like the manufacturing of helmets and biodiesel products — are among the first steps that the ministry will introduce to help raise demand for palm oil,” she said.
Rina is also confident that Felcra Bhd and the Rubber Industry Smallholders Development Authority (RISDA), which are now under the Ministry of Economic Affairs, will give due attention to the fate of smallholders.
-- Bernama




For more Rubber and Crude Palm Oil reports that includes twice daily prices & other news reports, you can purchase the subscription here.


Benny Lee

Founder of i2Matrix. A market strategist, private trader and sought-after financial speaker and trainer in the Asian Region, Benny Lee has coached hundreds of professional and retails traders and investors in Malaysia, Singapore, Hong Kong, Thailand, Vietnam, Pakistan for more than 13 years. His passion in trading and chart analysis leads him to develop trading strategies that have helped him and many others to trade and invest successfully in the financial markets.

Benny Lee is recognized by the Malaysian and Singapore Stock Exchange as a Credible Trainer. He has also trained professionals in Malaysia under Securities Commission’s Continuous Professional Education (CPE) Program. He is also a market strategist Jupiter Securities Sdn Bhd, a Malaysian stock-broking firm.

Benny has been invited to share his expert opinion in major commodities and financial events in Malaysia, Singapore, India, Indonesia, Vietnam, Thailand, and Romania. His analysis on the financial markets can also be found on a regular basis in leading financial magazines like Smart Investor, Shares Investment Magazine and The Edge Daily in Malaysia, and Pulses Magazine in Singapore. He has also appeared on TV Financial Programs such as Capital TV (Malaysia), Channel News Asia (Singapore) and Sunbiz (Pakistan) to share his views about the markets and technical analysis.

Today, you can find his market comments regularly on The Financial Edge Daily (Wednesdays), Interview on BFM89.9 ( business radio station on Mondays at 9.00 am, The Busy Weekly, a Chinese business weekly and Palm Oil Fortune (A monthly magazine by the Malaysian Palm Oil Council, MPOC). His views are also regularly quoted on Bloomberg.

For more information, you can visit them at