logo
Agriculture now lucrative, tech-driven sector for youth

Agriculture now lucrative, tech-driven sector for youth

GOPENG: Agriculture is no longer viewed merely as a traditional livelihood but has evolved into a lucrative sector offering high-income potential and modern opportunities.
Deputy Agriculture and Food Security Minister Datuk Arthur Joseph Kurup said the agriculture and agri-food sector remains vibrant and promising, particularly for the younger generation.
"The issue of ageing farmers is not unique to our country; it is a challenge faced globally.
"The ministry has several initiatives to attract more young people to venture into agriculture," he told reporters after attending the closing ceremony of the Perak Fama Fest 2025.
The event was officiated by Perak Menteri Besar Datuk Seri Saarani Mohamad at RTC Gopeng here today.
He was commenting on Deputy Prime Minister Datuk Seri Fadillah Yusof's remarks that there is a need to rejuvenate the agriculture sector by attracting more participation from the younger generation.
This follows the findings of the 2024 Agriculture Census, which revealed that 458,395 agricultural operators are aged 60 and above; 326,287 are between the ages of 46 and 59; and 224,147 are aged between 15 and 45.
Arthur also outlined several initiatives by the ministry to attract more youth into agriculture.
"Our first initiative is expanding market opportunities through programmes like Fama Fest. This not only helps farmers market their products effectively but also highlights the sector's high-income potential.
"Secondly, we are introducing modern farming methods. We encourage farmers to adopt technology and innovation rather than relying solely on conventional practices.
"This approach not only enhances productivity but also appeals to young people by integrating elements like manufacturing, maintenance, and operations into the agricultural value chain," he added.
He said other initiatives include providing technical and vocational education and training (TVET) courses.
"The ministry offers fully funded TVET programmes in areas such as livestock, fisheries, and vegetable cultivation. These courses include accommodation and daily allowances to support participants," he said.
He also emphasised the need for collaboration with state governments to ensure adequate funding and land availability to support young farmers in expanding and developing the agriculture sector.
"Only through collaboration can we empower the next generation to lead the agriculture industry into the future," he said.
Commenting on the event, Arthur said that Perak has been a key pillar of the Fama Fest programme, now in its seventh year.
"Last year, our sales target for Perak Fama Fest was RM2 million. Due to the overwhelming response, we surpassed that target with RM2.6 million in sales.
"This year, we've set a higher target of RM3 million. With 210 exhibitors participating over five days, we are confident of achieving this goal," he added.
He added that Perak typically contributes the largest share of sales to the national Fama Fest programme, accounting for about 30 per cent of total sales last year.
"This year, our target is RM6 million nationwide for the entire Fama Fest series," he said, adding that the festival will continue in other states, including Sabah, Selangor, and Negri Sembilan.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Eight GLCs chosen for Bengkel Inovasi GLC programme with RM10.7 million grants
Eight GLCs chosen for Bengkel Inovasi GLC programme with RM10.7 million grants

The Sun

timea day ago

  • The Sun

Eight GLCs chosen for Bengkel Inovasi GLC programme with RM10.7 million grants

PUTRAJAYA: Eight government-linked companies (GLCs) have been chosen to participate in the Bengkel Inovasi GLC (BIG) programme, a joint initiative by the Ministry of Finance (MOF), the Ministry of Science, Technology and Innovation (MOSTI), and Cradle Fund Sdn Bhd. Each selected GLC will receive matching grants of up to RM2 million, totalling RM10.7 million in funding. The participating GLCs are Bank Islam, CelcomDigi, EDOTCO, Malaysia Aviation Group, Sime Darby Property, S P Setia, Tenaga Nasional Bhd, and Cenviro. According to Cradle, the selection was based on their use of innovative digital technology and artificial intelligence (AI) to improve operational efficiency and business growth. 'The selection of the GLCs is based on the use of innovative digital technology and artificial intelligence (AI) that have been highlighted and have high potential to enhance operational efficiency, support business growth and scaling in their respective industries,' said Cradle. MOSTI Minister Chang Lih Kang emphasised that BIG aligns with the government's efforts to bridge the gap between startups and corporations. 'MOSTI is proud to support this initiative through the National Technology and Innovation Sandbox (NTIS) and our deep tech network,' he said. Finance Minister II Datuk Seri Amir Hamzah added that the programme aims to foster corporate innovation and strengthen ties between GLCs and startups. 'If successful, the MOF hopes to expand this programme to the private sector in the future,' he said. Over the next six months, the selected GLCs will work with startups and business developers under two tracks: the Venture Client Track and Venture Co-Creation Track. They will develop proof-of-concept projects to be showcased in a Demo Day session. Startups interested in collaborating with the GLCs can register via the BIG website at - Bernama

100pc jump in Sabah OGSE participation target: Chief Minister
100pc jump in Sabah OGSE participation target: Chief Minister

Daily Express

time2 days ago

  • Daily Express

100pc jump in Sabah OGSE participation target: Chief Minister

Published on: Friday, July 04, 2025 Published on: Fri, Jul 04, 2025 By: Larry Ralon Text Size: Phoong (standing, second left) representing the Chief Minister in witnessing one of the signings documents, while Petronas' Malaysia Petroleum Management (MPM) Senior Vice President Datuk Ir Bacho Pilong (standing, second right), Industrial Development and Entrepreneurship Ministry's Permanent Secretary Datuk Thomas Logijin (standing, right) look on. Kota Kinabalu: The State Government jointly with Petronas and industry partners has set a target of 100 per cent increase in Oil and Gas Services and Equipment (OGSE) contracts for Sabah companies this year, said Chief Minister Datuk Seri Hajiji Noor. 'In terms of employment, the target is clear: 100 per cent of non-technical roles and at least 80 per cent of technical roles in the OGSE sector must be filled by Sabahans. Advertisement 'These targets reflect our firm commitment to strengthening local participation and building a resilient, home-grown energy ecosystem,' he said at the 12th Sabah Oil, Gas and Energy Conference and Exhibition (SOGCE), Thursday. His speech was read by State Industrial Development and Entrepreneurship Minister Datuk Phoong Jin Zhe. In 2021, Hajiji said the total contracts awarded to Sabah companies for local oil and gas services jobs stood at RM341 million, while by the end of last year, it soared to over RM2 billion for jobs awarded both in and outside Sabah. He said Sabah's oil and gas industry is an essential pillar of the state's economic growth, and continues to play a pivotal role to that of Malaysia's, contributing nearly 40 per cent of the country's oil production and approximately 20 per cent of its gas output. 'However, we believe our role must extend beyond mere production. We aspire for Sabah to become a centre of excellence for OGSE innovation and sustainable energy practices and a hub where investment, talent and technology converge to create long-term value,' he said. Hajiji said the State Government through SMJ Energy has taken decisive steps in securing equity in key upstream and downstream assets, including the Samarang PSC and the Samur petrochemical plant, as well as interests in exploration blocks SB403, SB409, SB306A and SB306B. He said Sabah Energy Corporation (SEC) has also strengthened its position as Malaysia's largest domestic supplier and transporter of natural gas, following its successful takeover of Petronas' onshore gas contracts in Sabah. 'I wish to take this opportunity to thank Petronas and all our operating partners in Sabah for your continuous efforts, commitment and investment in local content development. The Commercial Collaboration Agreement (CCA) signed in December 2021 with Petronas was significant and its implementation through initiatives such as the subcommittee for OGSE industry, co-chaired by the Sabah Industrial Development and Entrepreneurship Ministry and Petronas, has yielded tangible results. 'To sustain this momentum, we have established the Sabah Local Content Council under the purview of SMJ Energy and implemented a Joint Task Force for Mandatory Partnerships. 'These initiatives, coupled with the transparent insights provided by the Kinabalu Activity Outlook (KAO), are designed to ensure our local companies are well-informed, well-prepared and well-partnered for success,' he said. Hajiji commended the Sabah Oil and Gas Services Council (SOGSC) and the Persatuan Kontraktor Petroleum Bumiputera Sabah (PKPBS) for their role in championing Sabahan participation in the OGSE sector. He also called on everyone to support the effort of the SOGSC and PKPBS to organise this OGSE conference next year. 'Our vision is to build a pipeline of OGSE opportunities that extends far beyond short-term contracts. We want to promote knowledge transfer, technology exchange and joint ventures that scale our local players into regional champions. 'We are laying the foundations now not just for current prosperity but for a resilient, innovative and sustainable OGSE ecosystem for generations to come. 'Hence, let us work together to ensure Sabah not only remains a key energy player but becomes a model for sustainable, inclusive growth in the oil, gas and energy industry,' he said. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

Balance of prudence, ambition forecast in 13MP
Balance of prudence, ambition forecast in 13MP

The Star

time2 days ago

  • The Star

Balance of prudence, ambition forecast in 13MP

PETALING JAYA: Malaysia's upcoming 13th Malaysia Plan (13MP) is set to mark a turning point for the nation's economic trajectory, aligning public policy with structural shifts at home and abroad. Amid an evolving geopolitical backdrop, the five-year development roadmap for 2026 to 2030 is expected to balance ambition with fiscal prudence while anchoring long-term socioeconomic transformation. According to BIMB Research, the government is likely to prioritise measures that cushion the economy against external headwinds and support broad-based growth. 'Given the challenging external environment, we anticipate the government will place greater emphasis on strengthening and sustaining domestic demand,' the research house said in its report. This, it added, could involve further salary adjustments for civil servants and a potential increase in the minimum wage to above RM2,000 by 2030. Development of human capital is likely to feature prominently, BIMB Research said. 'The continued rollout of training and upskilling initiatives could raise the share of skilled labour in the workforce to over 35%, which could push the national median salary to beyond RM4,000 by 2030,' it highlighted. However, BIMB Research cautioned that global uncertainty would remain a dominant factor in shaping Malaysia's macroeconomic strategy. 'US President Donald Trump is expected to remain a central figure on the geopolitical and economic stage through 2028,' it said. Over that time frame, international markets are likely to face continued uncertainty due to the potential volatility and unpredictability of US trade and economic policies, the research house added. Simultaneously, geopolitical tensions in both Europe and the Middle East are anticipated to persist well into the next half of the decade. In such a climate, commodity prices are expected to remain broadly stable at current levels through at least 2029, BIMB Research pointed out. On a positive note, the tabling of 13MP is expected to inject fresh confidence into Malaysia's capital markets. 'Malaysia's equity landscape is poised to benefit significantly from the strategic initiatives laid out in the 13MP,' BIMB Research said. Sectors including construction, technology and utilities may see renewed investor interest as positive spillovers emerge from increased alignment between public investments and private-sector participation, it added. On the macro front, the research house projects Malaysia's gross domestic product (GDP) to grow at an average of 4.5% a year between 2026 and 2030, with nominal GDP expected to rise by 6.4% annually. 'Highlighting nominal GDP is critical, as it serves as a key benchmark in shaping Malaysia's fiscal policy framework under the 13MP,' BIMB Research said. By 2030, the fiscal deficit is expected to narrow to 2.9% of GDP, helped by the reduction of subsidies, prudent spending and gradual decrease of pension payments. With development expenditure capped at 3.5% of GDP, annual allocations are forecast to reach up to RM99.4bil, BIMB Research projected. 'This is a substantial allocation that can significantly support domestic growth in the latter half of the decade, particularly through increased investment in construction and utility infrastructure,' it said. 'The 13MP is expected to be anchored on existing Madani policy frameworks such as the Public‑Private Partnership Master Plan 2030, New Industrial Master Plan 2030, and National Energy Transition Roadmap, all of which are designed with a 10-year implementation horizon,' it added. Key regional initiatives like the East Coast Rail Link, Johor–Singapore Special Economic Zone, and development projects in Sabah and Sarawak are also expected to receive further support. Overall, the 13MP would likely reflect a strategic recalibration, BIMB Research said, adding that it expects the plan to include key principles like resilience through diversification, leveraging long-term secular tailwinds, and systematically responding to changing external conditions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store