Companies / Malaysia
US$1.3bn Plan To Boost Food Production And Stabilise Prices
May 2008 | Industry NewsThe Malaysian government has announced a broad-reaching MYR4bn (US$1.25bn) scheme for guaranteeing stable food supplies at affordable prices for its population. With emerging market Asian economies struggling to ensure supplies of basic foodstuffs amid fast-escalating prices and spiralling global demand, Malaysia plans to make a substantial investment in increasing farm output, boosting buffer stocks for key agricultural commodities and bringing down food prices to affordable
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