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Agriculture

Bario rice, an iconic agricultural crop known for its soft sticky texture when cooked, has been awarded the certification of geographical indication by the Intellectual Property Corporation of Malaysia (MyIPO). This means no rice of the Adan variety grown outside the Kelabit highland in the Limbang Division of Sarawak can be called Bario rice. Bario rice is among six products to receive the GI registration certificate this year, other products that have received the GI certification are Sarawak pepper, Sabah tea, Tenom coffee, Borneo virgin coconut oil and Sabah seaweed.

 

The state government wants to double the growth in the agricultural sector by the end of next year. Menteri Besar Datuk Seri Mohamad Hasan said this would help the state become self-sufficient and reduce dependence on agricultural imports from other states. He said among steps being taken were the revival of abandoned agricultural projects and having meetings with farmers to obtain feedback. He said there were about 3,000ha of idle land in the state which could be used for agriculture.

 
 
         
Medical & Policy
A new breakthrough procedure being practiced at The National Heart Institute will see a lowered surgical risk for patients with aortic stenosis. The device, known as a CoreValve would be inserted with a needle puncture at the groin area or a small incision in the left collar bone and would take 45 to 90 minutes to complete. The procedure was used successfully on three patients aged 77, 76 and 73 last month and was noted to be a first in Asia.
 
The Government plans may use traditional Chinese rnedicine (TCM) to fight the infectious Influenza A (HlN1). Health Minister Datuk Seri Liow Tiong Lai said a working group with the health authorities in China had been formed after it was found that China's usage of TCM was successful in preventing the spread of flu. They would be using the research that the Chinese had undertaken to apply it to Malaysia. The health authorities of Malaysia and China would also be working together to bring Malaysian drugs into the Chinese market and use Malaysia's Institute for Medical Research in Kuala Lumpur for research.

 
Mara has handed over the task of issuing agriculture loans to the Agriculture Minister as the latter can provide better assistance and know-how to those looking to enter the field as it had better expertise in the field and could provide vital advice to those planning to take up farming. Rural and Regional Development Minister Datuk Seri Shafie Apdal said the ministry would be able to assess the business plan of the applicants and help them make the necessary changes to help ensure that the businesses were viable and also follow up to help the businesses grow.

The National Innovation Centre (MyNIC) will be launched in the first quarter of next year to further bring to the fore developmcnt in science and technology. According to Prime Minister Datuk Seri Najib Tun Razak, the Science. Technology and Innovation Ministry was still studying it and would make a proposal to the Cabinet soon. The Prime Minister stressed that MyNIC centre would not only be for biotechrlology sector but cut across fields such as information, communication and techmlogy, animation, agriculture and other industries. Najib said the setting up of MyNlC was mooted during the 4th meeting of the National Innovation Council recently. He said Malaysia had the means to be a regional biotechnology hub based on the recent positive growth of the industry.
 
Environment
Sarawak has identified two mangrove forests to be gazetted as fully protected in a move to minimize the devastating effects of an impending tsunami and to increase environmental conservation. Of the two national parks gazetted are, the Batang Lassa National Park measuring 22,000 hectares, and the Limbang Mangrove National Park (4,290 hectares). The move has been carried out since 2003, and is in its end stage.
 
 

The Sabah Wildlife Department marked a milestone with its orang utan rehabilitation when it became the first in the world to use transmitter implants to monitor progress of the primates reintroduced into the wild. The transmitter, the size of a 50-sen coin, developed by Austrian university professors would help orang utan conservationists to keep track of rehabilitated primates when they are released. The transmitter was placed in the neck area where the skin was thick and which had fat deposits. The device can also be switched on or off by using a magnet without any surgery.

                 
Investment
Palm oil prices have been projected to rise up to RM3000 next year as strong demand cuts high stocks and rising crude oil prices encourage more biofuel demand. James Fry, who heads LMC lnternational in London, said palm oil prices may rise to RM3,200 by June based on Brent crude hitting US$85 (US$1 = RM3.38) a barrel and Malaysian palm oil stocks falling to 1.25 million tonnes. Traders expect stocks to have hit about 2.0 million-2.2 million tonnes last month, and Brent crude prices now hover at US$78.23 a barrel.
 
 
 
The Perak state government's drive for foreign direct investments is being focused on two main sectors renewable energy and biotechnology - with the aim of directing its economic activity towards high technology. The state government was in discussions with several parties in the US and the investors were being briefed on the advantages and facilities offered by Perak for foreign investors. Meetings with Crosslink, a renowned capital venture company in San Francisco had already brought in some investments into Malaysia, with discussions now moving into plans to bring solar energy investments into the state via Twin Creek Technology Inc.
                 
Hampered by poor offtake and escalating cost of subsidy, the Government's highly promoted 85 mandate - the blending of 5% biodiesel with 95% diesel - now stands at the crossroads. Seen initially as one of the national strategic measures for better palm oil stock management with full implementation by January 2010, the B5 mandate is now being closely scrutinised by the Government for a possible reduction to B3 mandate soon. This latest decision however does not "blend" well with local palm oil biodiesel producers which have long suffered in silence over the snail phase progress of the B5 mandate.