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| News at Home | ||||||||
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| AgBiotech & Environment | ||||||||
| Agriculture and Agro-based Industries Minister Tan Sri Muhyiddin Yassin, implied that the nation should stop importing food and begin exporting. However, land allocation is the major hinderance behind this, hence the Federal Government put forward a request to state governments to allocate another one million hectares of land for agricultural uses. The move is aimed at securing our nation’s goal of being a net food exporter by 2010. |
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Despite
the bad press, incinerators can be a viable source of energy for the
country should they be implemented. The average Malaysian produces up
to 1.8 kg of trash per day, putting a heavy toll upon our waste collection
sites and landfills. The Director of the Center of Education, Training
and Research in Renewable Energy and Energy Efficiency, Prof. Dr. Kamarulazizi
Ibrahim maintains that Malaysia is ready to turn to waste as a source
of renewable energy in this manner. |
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Sabah
has begun forest conservation in key environmental areas such as Lower
Kinabatangan to ensure the survival of species diversity. Indigenous
tree species are being planted in land reserves along rivers. The state
hopes to reconnect “forest islands” in the region to facilitate
gene pool exchange as a method in environmental conservation. |
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| Food | ||||||||
Walnuts
have been largely touted as brain food, by the Chinese due to its brain-like
appearance. Recently studies by researchers have verified this fact,
as it was revealed that walnuts have high contents of omega-3 fatty
acids (omega 3FA), minerals and amino acids is good for the brain and
heart. |
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| Similarly, researchers in Israel have discovered that a daily dose of tomato extract may help lower blood pressure mildly. On average, the top number of a blood pressure reading for patients who consumed tomato extract dipped 10 points while the lower number dropped 4 points. This is largely attributed to the anti-oxidizing effects of the extract. | ![]() |
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| Investment | ||||||||
| Universiti
Putra Malaysia (UPM) and the Melaka State government will be seen working
together to market the latter's bio technology products produced through
Institut BioTeknologi Melaka (IBM). Under the cooperation, biotechnology
products produced by IBM would be produced commercially and marketed
with the help of UPM. In addition, the university will also provide
help in the technical aspects of the sector. This is relevant with Melaka’s
target of making biotechnology its new source of income. The state has
to date invested RM7 million in the area. |
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Similarly, the Government may consider raising the fund size of the Life Science Capital Fund (LSCF) to help develop biotechnology businesses depending on the performance shown by the industry. Currently the Government is funding 70% of R&D in comparison to the 30% of funding other countries offer their industry. LSCF, which has an initial fund size of RM100 million, was announced by Prime Minister Datuk Seri Abdullah Ahmad Badawi in his Budget 2006 speech last September. The fund is made available not only to companies that have products to commercialise, but also to start up new ventures. |
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Golden Hope Plantations have been seen expanding their international ventures
recently in teaming up with Godiver to produce biodiesel in the Netherlands.
GHope signed a letter of intent on December the 20th with Godiver for
the establishment of a Dutch company to build and operate a biodiesel
production facility there. Both parties are expected to negotiate until
March 15th or later for the signing of a joint-venture agreement of
the project. |
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Carotino, the brand behind the ubiquitous red cooking oil, is slated to invest RM45 million in R&D to allow itself to maintain a competitive edge in the market. The investment has been acknowledge as an addition to the RM80 million it had spent on cutting-edge technology and manufacturing facilities. But Carotino executive director U R Unnithan maintained that it is inevitable as Carotino is sustaining its commitment to innovate, deliver superior quality and increase product applications. |
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| Industry & Trade | ||||||||
Plant-based
Bio Petrol, an alternate product to petrol by Pioneer Bio Industries
Corporation Sdn Bhd, is expected to be in the market in the next two
to three years. The product, developed over the last five years, was
currently under the testing stage and would go into larger scale production
once it is ready. The Bio Petrol is mainly produced from plants such
as tapioca, sugar cane, corn and a small percentage of petrol, and can
be used as a substitute to petrol and would be cost-effective as the
cost of producing Bio Petrol is expected to be less than RM1 per litre.
Currently, petrol price per litre is RM1.62. |
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A new anti-diabetic product by health supplements manufacturer INS Bioscience Bhd is being anticipated in allowing a double-digit growth in sales for the company this year. The product, Insupro Forte, is extracted from bitter gourd and shows significant the blood glucose lowering activities comparable to the standard drug, glibenclamide which is commonly used for diabetes treatment. Insupro Forte will be marketed to South-East Asian markets and countries like China, India, Japan, South Korea and South Africa soon. |
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Malaysia
is being highly sought after in the coming EDIBLE
OIL’06 International Business Fair for Edible Oils and Fats (EO’06)
as the world’s largest palm oil producer to satisfy demand for
palm oil-based products among international buyers. The exhibition provides
a meeting point between producers of edible and non-edible oils and
potential buyers. EO’06, is to be held in Sevilla, Spain, from
September 19 to 22 this year. Based on updates on Bank Negara Malaysia’s
website, Malaysia produced around 15 million tonnes of crude palm oil
last year. |
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Policy |
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The
government is considering ways to help institutions expand efficiently,
including formal cooperation between agencies under the federal and
state governments. This move is to prevent functions and roles from
overlapping and to allow the research institutions to decide on the
areas and roles that they need to focus on. In the long run, such formal
cooperation will allow issues like intellectual copyright matters to
be dealt with swiftly. |
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Deputy
Prime Minister Datuk Seri Najib Razak urged industry players to step
up their game and make
Malaysia a leading biodiesel producer. Speaking
at the groundbreaking of the region’s first biodiesel plant in
Lumut, the DPM believed that this is achievable in a few years, given
Malaysia’s strategic position and current position as the world’s
leading palm oil producer. He warned against committing the grave mistake
of only exporting oil palm instead of venturing into other commercially
more viable products like biodiesel. |
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