Guan Eng: Government allocates RM500 million in loans for palm oil smallholders
Finance Minister Lim Guan Eng speaking to reporters at the Parliament lobby April 2, 2019. — Picture by Ahmad Zamzahuri
“In order to ensure the demand for palm oil is not just enjoyed by large companies the government has expanded its outreach to help smaller planters. Lim said the government hopes that these new innovations will increase productivity and income of smallholders. Under the MoU related to palm oil, signed by Primary Industries Ministry’s secretary-general Datuk Dr Tan Yew Chong on behalf of Malaysia, China agreed to buy an additional supply of at least 1.9 million tonnes of edible oil from Malaysia over five years starting 2019.Lim said besides the government will also provide help to farmers in obtaining their Malaysian Sustainable Palm Oil certification.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Minister reminds Sandakan voters of development projectsLim Guan Eng says the federal government has allocated RM183 million for the district.
Read more »
Putrajaya offers RM550 mil in easy loans to oil palm smallholdersThe loans are being offered at 2% interest rate, says Finance Minister Lim Guan Eng.
Read more »
Guan Eng: Incentives available for homebuyers during six-month campaign
Read more »
Putrajaya akan lunaskan semua hutang 1MDB, kata Guan Eng | The Malaysian InsightKerajaan perlu mencari wang untuk membayar semua pinjaman berkaitan dengan 1MDB, meskipun kerajaan tidak mendapat sebarang pulangan dari segi nilai, katanya.
Read more »
No land swap with China for reduced ECRL cost, says Guan Eng | The Malaysian InsightFinance minister says he believed the ERCL land swap allegation to be untrue.
Read more »
Govt is monitoring ringgit’s performance, says Guan Eng after fall in currency value | Malay MailKUALA LUMPUR, April 23 — The government will monitor the ringgit’s performance in the foreign exchange market following the recent fall in the currency’s value, says Finance Minister Lim Guan Eng. He said the ringgit’s performance should be evaluated on an annual basis, as it was normal for...
Read more »
Govt will monitor ringgit performance, says Guan EngKUALA LUMPUR: The government will monitor the ringgit's performance in the foreign exchange market following the recent fall in the currency's value, says Finance Minister Lim Guan Eng.
Read more »
No free land for China in exchange for cheaper ECRL – Guan EngMinister responds to claim that the 'discount' was given in exchange for 4,500 acres of land.
Read more »
Guan Eng: No ground given to China in ECRL dealPUTRAJAYA: Finance Minister Lim Guan Eng says that he is unaware of claims that substantial acreage of land was 'given' to China under the renegotiated East Coast Railway Link deal.
Read more »
49 projek bernilai RM2.28 bilion untuk Sandakan, kata Guan Eng | The Malaysian Insight49 projek bernilai RM2.28 bilion untuk Sandakan, kata Guan Eng
Read more »
Putrajaya approves projects worth RM2.28 billion in Sandakan, says Guan Eng | The Malaysian InsightPutrajaya approves projects worth RM2.28 billion in Sandakan, says Guan Eng
Read more »