Latest news with #RubberProductionIncentive
Borneo Post
04-06-2025
- Business
- Borneo Post
MRB activates May rubber incentives for Sabah and Sarawak
MRB said IPG for May 2025 is triggered when the average monthly farmgate price for cuplump rubber falls to RM3.00 per kilogramme (kg) or below, with the IPG for latex activated concurrently. — Bernama photo KUALA LUMPUR (June 4): The Rubber Production Incentive (IPG) for smallholders has been activated in Sabah and Sarawak for May 2025, according to the Malaysian Rubber Board (MRB). In a statement, MRB said IPG for May 2025 is triggered when the average monthly farmgate price for cuplump rubber falls to RM3.00 per kilogramme (kg) or below, with the IPG for latex activated concurrently. In May 2025, the custodian of Malaysia's rubber industry noted that the average farmgate prices for cuplump were RM3.00 per kg in Peninsular Malaysia, RM2.75 per kg in Sabah and RM2.65 per kg in Sarawak. In Sabah, the IPG rate for cuplump and latex is 25 sen per kg for 50 per cent dry rubber content (DRC) and 50 sen per kg for 100 per cent DRC. In Sarawak, the rate is 35 sen per kg for 50 per cent DRC and 70 sen per kg for 100 per cent DRC. For latex, the IPG rate is fixed at 90 sen per kg for material with 100 per cent DRC. The MRB said smallholders in Sabah and Sarawak are eligible to receive IPG payment from June 1-30, 2025, based on the rubber production in May 2025. 'The IPG for cuplump and latex remains inactive for Peninsular Malaysia in May 2025, hence, no IPG payment will be made for this month,' MRB added. rubber rubber production incentive smallholders
Borneo Post
22-05-2025
- Business
- Borneo Post
Sarawak plants 1,049 ha of rubber trees in Tebedu to boost industry, says deputy minister
Martin says his ministry is actively implementing various programmes to strengthen the rubber industry while encouraging youth involvement. – Photo by Roystein Emmor KUCHING (May 22): A total of 1,049 hectares of land in Tebedu have been planted with rubber trees as of last year, as part of ongoing efforts to boost the rubber commodity sector, said Sarawak Deputy Minister of Food Industry, Commodity and Regional Development, Datuk Martin Ben. He said his ministry is actively implementing various programmes to strengthen the rubber industry while encouraging youth involvement. 'Among the measures taken are the Rubber Production Incentive (IPG) and Latex Production Incentive (IPL), which are provided during periods of low rubber prices to stabilise the income of smallholders,' he said at the Sarawak Legislative Assembly (DUN) today responding to a question by Tebedu assemblyman Dr Simon Sinang Bada. In addition, Martin said the ministry offers a range of aid schemes, including the Rubber Development Programme, Replanting Assistance, and support from Marketing Productivity and farm infrastructure development. To further enhance the capabilities of smallholders, various training sessions and dialogue programmes are regularly conducted. 'We also hold discussions and training on modern rubber cultivation techniques, farm management practices, and efficient tapping methods,' he added. 'Other efforts include promoting the use of modern technology, mechanisation, and automation in the rubber sector, as well as strategic partnerships with investors to improve farm management efficiency.' Highlighting efforts to attract younger generations to the rubber sector, he noted the introduction of specific initiatives such as the Pergerakan Wanita Pekebun Kecil (PWPK) and Program Generasi Muda Pekebun Kecil (Gempak). 'These programmes are aimed at ensuring the younger generation remains active and competitive in the rubber industry,' he said. DUN Martin Ben rubber tree Tebedu
