| News at Home | ||||
| AgBiotech | ||||
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A
leader in agriculture, Golden Hope has been able to maintain quality
and
sustainability through R&D. Established in 1921, it
has now grown into the foremost agronomic research units in Malaysia,
boasting four research centers across the country. Product and process
development is foremost in improving efficiency and quality of the product.
By adopting the highest standards, Golden Hope is known across the country
for its high crop yields, quality and environmental sustainability.
Similarly, its focus on R&D allowed it to lay claim as the first
company to produce palm oil products traceable to its seeds. |
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Similarly,
under a revolutionary programme by the Technology Park Malaysia Biodiversity
Research and Production Center, the
Orang Asli of Raub will soon be able to benefit by supplying
medicinal plants through commercial planting to the center. The programme
allows the villagers to plant medicinal plants in between other crops
in their own smallholdings or participate in its commercial planting
to increase their income. |
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| In other news, the Prime Minister, Datuk Seri Abdullah Ahmad Badawi is encouraging the merging of small farms to increase quality and productivity of farm produce. The Prime Minister envisioned a network of inter-supportive farm which allow farm owners to share expertise and exchange experience. | ||||
| Environment | ||||
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There
has been a recent foray into synthesizing products from previously un-usable
products. UniMaS researchers have found a way to
make paper from oil palm waste. The high-strength layered
paper is made from empty fruit bunches (EFBs) of the oil palm and is
suitable for packaging materials and heavy-duty use. The innovation
will provide palm plantations with an alternative source of income which
not only gets rid of EFBs but may also be the basis for cottage and
small-scale industry among the local community. |
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Similarly,
with the approval of the Department of Environment, Sime Inax Sdn. Bhd.
will be the first Malaysian company to turn
scheduled waste into construction bricks. Innovated by a
Japanese company, the bricks are synthesized from burnt waste otherwise
destined for landfills. Though no official approval has been given as
of yet, the bricks have been lauded for its potential impact which may
help safeguard the environment. |
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| Investment & Trade | ||||
Ernst
& Young revealed on the 7th of June that in the midst of the aggressive
push to stimulate the biotechnology industry in Malaysia,
local players are emerging to become top-ranking leaders
in the fast-growing billion-dollar industry. This push is further enhanced
by the personal interest of the Prime Minister who then went on to announce
the National Biotechnology Policy in April. The strong foundation of
this relatively young industry is slated to grow into one of the major
contributors to the nation’s economy. |
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Hence,
with the perennial focus from investors, the capital market as well
as the government, it is no wonder companies like
Equator Life are growing rapidly in terms of economic strength.
Eight year of slowly chipping away at the global horticulture market
has paid off in handsome dividends as the 2004 financial year drew to
a close, with an estimated profit of RM6.1 million. Currently, Equator
Life Managing Director Murphy Koh has his eyes set on expansion into
the Chinese and Eastern European market and even possibly the flower
production market. |
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Similarly, another company by the name of Stevian Biotechnology Corp is making waves with its industrial stevia-based sweeteners which began to infiltrate the Malaysian market last month. Sparked from Cold War concerns of the former USSR that sugar access would be impeded, stevia-based sweetener research was conducted by many research centers under Soviet leadership. Today, it is being utilized as a safe and economically viable alternative to sugar. |
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| Policy | ||||
The
tentative launch of the Green Book, an encompassing master plan aiding
the development of agriculture is expected to speed up the agricultural
revolution nationwide. By concerting development in the agricultural
sector and link various agencies up to the ministry, the plan will detail
the methods in which all related agencies should carry out their activities.
The Green Book has been compared to the agricultural programmes
of the 1970s and is anticipated to be announced next year. |
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A
policy pertaining biofuel is being expected to be put forward
in the Cabinet next week. According to Plantation Industries and Commodities
Minister Datuk Peter Chin, the draft would see the mandatory blending
of palm oil into consumer diesel. This would see the cooperation with
the ministry and an unnamed American company to produce and market the
biofuel. |
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| Medical & Health | ||||
The
Veterinary Research Institute in Ipoh has announced that there had been
no traces of the deadly avian flu virus that terrorized the country
and that
Malaysia is free of bird flu. Rigorous monitoring by the
institute on bird farms and regular testing has not yielded any sign
of the virus since the last incidence of bird flu in Kelantan six months
ago. However, despite the announcement, Malaysia will still be vigilant
and remain on full alert following the discovery of the H5N1 virus causing
the death of migratory birds in China. |
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In
a determined
effort to extinguish dengue, the Selangor Health Department
has sounded the battle horns for a stronger fight against the deadly
disease. With more than 5000 cases being reported in the state alone
since January, authorities are taking a more proactive stance in educating
the public and help control the spread of the endemic disease. |
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In
other news, a joint research expedition by the Forest Research Institute
Malaysia and the Forestry Department has culminated in the
discovery of the rich diversity of herbal plants in Gunung
Aais forest reserve area. The week long expedition has seen the researchers
identifying 70 species of herbs and 38 herbal plant families which may
potentially bring a great boost to the country’s medical industry.
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