13MP: Three Main Strategies To Strengthen Food Security
The 13MP document issued by the Economic Affairs Ministry today touched on these core strategies, including raising food production capacity through large-scale agriculture in East Coast states as well as Sabah and Sarawak to fulfill the needs of the people and to expand potential international markets.
Efforts to boost padi production will be intensified under 13MP through private sector partnership programmes, including in Muda area, Kedah and Perlis, with the scope of the programmes encompassing comprehensive infrastructure development, improvements to irrigation and drainage systems and the use of smart agriculture.
The People's Income Initiative will be empowered through improvements to its implementation model, diversifying agricultural activities, utilising unused land, and intensifying research and development (R&D), as well as commercialisation and innovation (C&I) to encourage planting of high protein plants as alternative food sources.
Also, other programmes such as the National Agrofood Empowerment programme, the Nextgen Agropreneur and the Pengganda30 will carry on with more young agropreneur participation with assistance from industry players and civil society associations, and strengthened to reduce food waste and to promote the concept of zero waste.
The 13MP document also outlined various improvements to import source diversity policies to strengthen the food supply chain security, including the entry process of imported food, such as import permits, safety inspections and certification, and to reduce dependence on several main exporting countries.
Other measures include addressing post-harvest losses, strengthening enforcement under existing acts and introducing targeted agricultural disaster protection schemes through collaboration with the private insurance sector.
The government will also upgrade marketing infrastructure, including agriculture collection, processing and distribution centres to ensure a smooth supply chain, with small and medium retailers empowered to be involved in agrofood marketing hubs, while a real-time price and supply repository will be set up to ensure price transparency, with enforcement on price and competition stepped up to curb market manipulation.
In addition, self-sufficiency targets for 2030 have been set for rice (80 per cent), vegetables (79 per cent), fruits (83 per cent), beef and buffalo meat (50 per cent), poultry (140 per cent), duck and chicken eggs (123 per cent) and fishery (98 per cent), along with value-added agriculture contribution targets for 2030 in the vegetable subsector, from RM19.4 billion to RM21.8 billion, fisheries from RM11.8 billion to RM14 billion, livestock from RM17.4 billion to RM19.7 billion, and rice from RM2 billion to RM2.5 billion.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Straits Times
17 minutes ago
- New Straits Times
Ringgit rises as softer US inflation boosts rate cut expectations
KUALA LUMPUR: The ringgit extended its uptrend against the US dollar on Wednesday, supported by a 0.43 per cent drop in the US Dollar Index (DXY) to 98.097 after the headline US inflation rate came in lower than expected. At 8am, the local note rose to 4.2115/2285 against the greenback from Tuesday's close of 4.2290/2320. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is likely to be well supported today, with the US dollar-ringgit (USD/MYR) expected to trade between RM4.20 and RM4.23 amid a high probability of a US interest rate cut. He noted that the softer US inflation rate of 2.7 per cent in July was largely driven by a moderation in the Owner's Equivalent Rent (OER) to 4.1 per cent, after holding at 4.2 per cent for two straight months. OER accounts for about 25 per cent of the Consumer Price Index (CPI) weightage, he said. "The US benchmark equity indices rose more than one per cent, while the yield on the two-year US Treasury note fell by four basis points to 3.73 per cent. "This suggests that the lower-than-expected headline inflation has strengthened expectations for a US rate cut, fuelling the rally in the equities market," he told Bernama. At the opening, the ringgit, however, traded mostly lower against major currencies. It fell versus the Japanese yen to 2.8502/8619 from Tuesday's close of 2.8490/8512 and declined against the euro to 4.9182/9380 from 4.9090/9125 yesterday. But against the the British pound, the local note appreciated to 5.6876/7106 from 5.6905/6946. The ringgit trended higher against regional peers. It advanced against the Singapore dollar to 3.2825/2960 from 3.2867/2893 at yesterday's close and strengthened versus the Thai baht to 12.9965/13.0570 from 13.0135/0300. The local note also appreciated versus the Indonesian rupiah to 258.5/259.6 from 259.6/259.9 previously and rose vis-a-vis the Philippine peso to 7.38/7.41 from 7.41/7.42


The Star
17 minutes ago
- The Star
Ringgit rises as softer US inflation boosts rate cut expectations
KUALA LUMPUR: The ringgit extended its uptrend against the US dollar on Wednesday, supported by a 0.43 per cent drop in the US Dollar Index (DXY) to 98.097 after the headline US inflation rate came in lower than expected. At 8 am, the local note rose to 4.2115/2285 against the greenback from Tuesday's close of 4.2290/2320. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is likely to be well supported today, with the US dollar-ringgit (USD/MYR) expected to trade between RM4.20 and RM4.23 amid a high probability of a US interest rate cut. He noted that the softer US inflation rate of 2.7 per cent in July was largely driven by a moderation in the Owner's Equivalent Rent (OER) to 4.1 per cent, after holding at 4.2 per cent for two straight months. OER accounts for about 25 per cent of the Consumer Price Index (CPI) weightage, he said. "The US benchmark equity indices rose more than one per cent, while the yield on the two-year US Treasury note fell by four basis points to 3.73 per cent. "This suggests that the lower-than-expected headline inflation has strengthened expectations for a US rate cut, fuelling the rally in the equities market,' he told Bernama. At the opening, the ringgit, however, traded mostly lower against major currencies. It fell versus the Japanese yen to 2.8502/8619 from Tuesday's close of 2.8490/8512 and declined against the euro to 4.9182/9380 from 4.9090/9125 yesterday. But against the the British pound, the local note appreciated to 5.6876/7106 from 5.6905/6946. The ringgit trended higher against regional peers. It advanced against the Singapore dollar to 3.2825/2960 from 3.2867/2893 at yesterday's close and strengthened versus the Thai baht to 12.9965/13.0570 from 13.0135/0300. The local note also appreciated versus the Indonesian rupiah to 258.5/259.6 from 259.6/259.9 previously and rose vis-a-vis the Philippine peso to 7.38/7.41 from 7.41/7.42. - Bernama


The Sun
17 minutes ago
- The Sun
TNB profit and 5G progress in focus at Dewan Rakyat today
KUALA LUMPUR: The Dewan Rakyat sitting today is expected to spotlight Tenaga Nasional Berhad's (TNB) annual profit following the recent electricity tariff hike. Progress on Malaysia's 5G network rollout will also be a key discussion point during the session. Lim Guan Eng (PH-Bagan) will question the Energy Transition and Water Transformation Minister on TNB's profit surge after the July 1 tariff adjustment. He will also inquire if the 14.2% hike for the commercial sector can be postponed or staggered. TNB reportedly recorded a profit increase of over 70% last year, raising concerns about affordability. Tanjong Karang MP Datuk Dr Zulkafperi Hanapi will seek updates on the 5G project's latest developments from the Communications Minister. The government's strategy to expand 5G coverage to rural areas will also be addressed. RSN Rayer (PH-Jelutong) will ask the Transport Minister about measures to prevent accidents like those in Teluk Intan and Gerik. Recent tragedies involved fatalities among Federal Reserve Unit (FRU) officers and UPSI students. Muhammad Islahuddin Abas (PN-Mersing) will question the Higher Education Minister on USIM's teaching hospital relocation from Nilai to Kota Tinggi. The session will later shift to debates on the 13th Malaysia Plan (13MP), which began last Monday. So far, 78 MPs have participated in discussions on the RM611 billion development plan. Tabled by Prime Minister Datuk Seri Anwar Ibrahim, the 13MP focuses on 'Redesigning Development' from 2026 to 2030. The current Dewan Rakyat session will continue until August 28. - Bernama