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Malaysia defines two priorities to ensure food security

KPKM Minister Datuk Seri Mohamad Sabu was quoted by local media as saying that the rice and paddy industry reforms aim not only to ensure self-sufficiency in the local rice supply but also to modernise the sector with sustainable, competitive, and eco-friendly approaches.

As rice demand grows, Malaysia must increase paddy production to achieve a national self-sufficiency level of 71%, compared to the current 56%. However, challenges such as recent floods and prolonged droughts have further affected yields.

To enhance competitiveness, improve farmers’ welfare, and ensure a secure rice supply, KPKM has outlined four key strategies.

The four strategies are upgrading irrigation infrastructure within and outside designated granary areas, developing new granary zones in Sabah and Sarawak, redeveloping abandoned paddy fields nationwide, and restructuring the rice and paddy value chain.

On increasing ruminant productivity, Mohamad said KPKM will import more breeds from overseas to increase domestic meat production.

In November 2024, to address these challenges, a Special Committee on Ruminant Industry Empowerment was established. The main focus of this committee is to empower the national ruminant industry so it can grow more sustainably and competitively./.

VNA

PM attends virtual summit on climate action

To effectively deal with these challenges, Prime Minister Pham Minh Chinh highlighted the need for a new global-scale, comprehensive and inclusive mindset and approach;

ASEAN, US hold 37th annual dialogue in Cambodia

The co-chairs highlighted the strong and durable partnership with ASEAN over the past 48 years. They discussed pressing geopolitical issues, including the importance of facilitating a free and open Indo-Pacific.

Thailand postpones import tariffs negotiations with US

Thailand is among the Southeast Asian countries facing the highest import levy rates after its trade surplus with the US more than doubled to about 46 billion USD last year.

Thailand, RoK hold 5th round of economic partnership negotiations

The latest round of talks for the EPA is set to run for four days in Bangkok. The two sides plan

Thailand digital arrival cards required from May 1

Thai authorities have reminded all foreign tourists planning trips to the country that they will need to fill out a Thailand Digital Arrival Card

Malaysia affirms readiness for developing Pan-Asian Railway Network

The Malaysian Government places strong emphasis on the development of global rail connectivity, as it presents significant opportunities for the country and enhances regional cooperation.

Indonesia to import 19 billion USD worth of US goods to balance trade

Coordinating Minister for Economic Affairs Airlangga Hartarto on April 18 said Indonesia has proposed increasing its imports from the US by as much as 19 billion USD, to eliminate its trade surplus with Washington.

Tapping into migrant workforce for development

Ahead of the annual Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington, D.C., the IMF has released its World Economic Outlook report, revealing that the number of migrants and refugees globally has nearly doubled over the past 30 years, causing social instability in many countries. However, the IMF suggests that effective refugee management can bring significant economic benefits to host countries.

Indonesia, Russia strengthen cooperation in digital technology

Indonesia and Russia have agreed to deepen strategic cooperation in communication and digital technology,

Vietnam-China trade poised for new heights

Market watchers and exporters anticipate that the Vietnam-China economic and trade ties will rise to a new level,

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