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| News at Home | ||||||
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| AgBiotech & Environment | ||||||
| The Prime Minister continued to voice his support for agriculture, stressing that the government’s focus was not a retrogressive move. In fact, the PM believes that the sector should be given great focus as it may withstand all economic crises. Similarly, with the increase in the price of goods and recent inflation, agriculture may just be the solution to reduce other costs like food import. |
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Similarly,
in line with the renewed importance of agriculture under the Ninth Malaysia
Plan, Kelantan
hopes to obtain a slice of the pie by attracting graduates
to venture into the sector there. According to state Agriculture committee
chairman, Nik Mazain, the tight job market, more may be encouraged to
study agriculture and biotechnology. Hence more awareness campaigns
and incentives would be put forward by the state to woo these fresh
grads. |
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In
other news, a new bird
sub-species has been discovered in Sarawak, despite the bird-flu
scare. The subspecies of the Rhinomyias jungle flycatcher was discovered
in 1996, but its discovery has only been announced in a recent journal
by the Sarawak museum department. The bird was trapped by ornithologist
Slim Sreedharan, associate of the Sarawak Museum. |
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| Food & Health | ||||||
Food irradiation, the use of ionizing radiation to sterilize or preserve food, may just be the crucial tool that may potentially assist the food sector meet sanitary requirments. Though the mere mention of the term may incite negative thoughts among the public, the Deputy Prime Minister implied that it has the potential to be an invaluable tool to the industry. Among the unique advantages of the technology, it is chemical-free and is also able to treat food in its frozen form. |
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In
other news, the recent discovery of the H5N1
strain in Gombak has raised much alarm. The Government has
confirmed that the virus found in the dead poultry is similar to the
strain that has struck Indonesia lately. In an effort to prevent the
virus from spreading, more than 800
poultry were culled within a one kilometer radius of the
bird-flu hit area and screenings were conducted within a ten kilometer
radius. |
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The
Government would be injecting RM 1 million for research into determining
the source of the recent HFMD
disease outbreak. According the Health Minister, Datuk Dr.
Chua Soi Lek, with relations to government concerns over the appearance
of the disease in Sibu, funds would be allocated in hopes to identify
the root cause. Researcher of UniMaS Dr. Jane Cardosa believes that
the outbreak may be related to water quality or virus content of the
Sungai Rejang. |
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| Investment & Industry | ||||||
| June
will mark Malaysia’s biotechnological foray into the drug industry
as the country’s first
biopharmaceutical plant will be ready then. The RM 100 million
plant, located
in Nilai, will be aimed at lessening the country’s
drug import bills amounting to RM 2 billion last year. The plant is
owned by Ministry of Finance Inc-owned Inno Bioventures and is the second
such complex in Asia after Singapore’s A-Biopharma. |
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With the recent surge in interest in biodiesel, Carotech is seen further throwing its weight into the venture by investing RM155m to raise biodiesel output. Carotech will be investing in two plants in Chemor and Lumut Industrial Estate. The Lumut plant would have a daily capacity of 300 tonnes while the plant in Chemor would be seen churning out 90 tonnes soon. |
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TH
Group unit, Asiaprise Biotech Sdn. Bhd. will be seen investing in Alpha
Biologics, acquiring a 39.47% stake. The acquisition is generally focused
on growth in the part of TH Group. It will enable Asiaprise extend its
reach further into the biotechnology industry with focus on monoclonal
antibody manufacturing with mammalian cell cultures. |
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In
other news, Kumpulan Hartanah is planning to develop a Peripheral
Biovalley near the proposed Biovalley Malaysia. The 120ha
proposed project costs RM 500 million, and focused on providing “support
development” to the national BioValley scheme with infrastructure,
residential, educational, recreational and business facilities. |
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| Policy & Trade | ||||||
Malaysia
is no doubt a country with great talents and brain, as numerous research
and breakthroughs by researchers can stand witness. However, these breakthroughs
are having trouble reaching the mass market with a lack of talent and
know-how in marketing skills among them. Unless private companies and
the industry are willing to come forth to help our researchers commercialise
findings, these wonderful inventions that may change our
lives may just have to be shelved. Hence, in a bid to ensure commercialization
may be realized, MOSTI will be including commercialization
packages with R&D grants. |
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| Carotech is seen profiting greatly in a landmark biodiesel deal which would have them export US$40 million worth of methyl ester to Japan in the coming two years. This move pushes them to the forefront being the country’s first biodiesel exporter. The shipment would be taken up by Hatakeyama Oil Corp of Japan. | ||||||
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