KUALA NERANG: The government must find a formula or method to increase the price of scrap rubber so that rubber smallholders under the Rubber Industry Smallholders Development Authority (Risda) can enjoy a better income.
Rural Development Minister Datuk Seri Mahdzir Khalid said the matter might be seen as difficult and may be time-consuming, efforts must be taken to increase the price of scrap rubber or floor price from the current price of RM2.50 per kilogramme (kg).
"The price of scrap rubber must be at a sustainable rate for the rural community, especially rubber smallholders. As Risda mentioned, it wants RM3.50 per kg as the floor price of scrap rubber, we know it is difficult but we must find a formula towards this end.
"If we are to say it will happen tomorrow, maybe it won't happen, but at least the concern of the government is there. The government must think of a way and method to increase its price," he told a media conference, here, today.
Earlier, he attended the Kedah Risda Prosperous Smallholders programme that was also participated by Risda chairman Datuk Mohd Salim Mohd Sharif and Risda director-general Abdullah Zainal.
Mahdzir said the current low price of scrap rubber compared to other crops also made rubber smallholders want to change planting other crops to get a more lucrative income.
To overcome this, Risda introduced various forms of incentives and schemes aimed at helping smallholders, among them being replanting aid, seed and fertiliser transport programme, marketing and constructing related infrastructure.
"Risda is aware that the price is the reason for the crop shift. Except that I am of the opinion we can still persevere despite many mentioning other crops but we should not overly follow the global commodity prices," he said.
Meanwhile, Mohd Salim said Risda wanted the floor price of scrap rubber to be increased to RM3.50 per kg to ensure rubber crops would continue to be cultivated, especially by the young, and the country's rubber output would continue to go up in future.
"The cost of replanting rubber has gone up but the produce is still being sold at the old price, this is what we are worried about.
"Now, we are the sixth biggest rubber producer in the world, we fear we may fall again when many rubber smallholders switch to other crops," he said.
-- BERNAMA
Bernama
Sat Oct 16 2021
Mahdzir said the government must find a formula or method to increase the price of scrap rubber so that rubber smallholders under the Rubber Industry Smallholders Development Authority (Risda) can enjoy a better income. - BERNAMA photo
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.
Couple and associate charged with trafficking 51.9 kg of meth
A married couple and a man were charged in the Magistrate's Court here today with trafficking 51.974 kilogrammes of Methamphetamine.
PDRM to consult AGC in completing Teoh Beng Hock investigation
The police may seek new testimony from existing witnesses for additional insights into the investigation of Teoh Beng Hock's death.
Thai court rejects petition over ex-PM Thaksin's political influence
Thailand's Constitutional Court rejects a petition seeking to stop Thaksin Shinawatra from interfering in the running the Pheu Thai party.
Abidin takes oath of office as Sungai Bakap assemblyman
The State Assemblyman for Sungai Bakap, Abidin Ismail, was sworn in today at the State Assembly building, Lebuh Light.
UPNM cadet officer charged with injuring junior, stomping on him with spike boots
A cadet officer at UPNM pleaded not guilty to a charge of injuring his junior by stomping on the victim's stomach with spike boots.
How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
The indictment was unsealed on Nov. 20, prompting a $27 billion plunge in Adani Group companies' market value.
Elon Musk blasts Australia's planned ban on social media for children
Several countries have already vowed to curb social media use by children through legislation, but Australia's policy could become one of the most stringent.