Latest news with #FAMA
Barnama
4 hours ago
- Business
- Barnama
Malaysia Fest Expo Serves As Gateway To Grow Local Product Market In Singapore
By Nur Ashikin Abdul Aziz SINGAPORE, July 31 (Bernama) -- Malaysia's agri-food exports to Singapore are expected to rise further beyond the nearly RM11 billion recorded last year, driven by increased participation of entrepreneurs in events such as Malaysia Fest 2025, which kicked off on Thursday. Malaysia's High Commissioner to Singapore, Datuk Dr Azfar Mohamad Mustafar, said the expo—now in its eighth edition—provides an ideal platform for Malaysian entrepreneurs to expand their market reach in Singapore, with support from the Federal Agricultural Marketing Authority (FAMA). bootstrap slideshow 'The value of Malaysia's agri-food exports to Singapore grew from RM8.5 billion in 2022 to nearly RM11 billion in 2024. 'This reflects strong interest and high demand for Malaysian products in the Singaporean market, particularly in food, tropical fruits, and health-related items,' he said at the official opening of Malaysia Fest 2025 on Thursday. Azfar also noted that the hosting of Malaysia Fest holds special significance this year, coinciding with Malaysia's ASEAN Chairmanship in 2025, and serves as a strategic platform to showcase the richness of local products, cultural heritage, and the country's unique tourism offerings on the international stage. Organised by MegaXpress International in collaboration with the Ministry of Agriculture and Food Security through FAMA, this year's expo features 321 booths—the highest in its history—with participation from 220 entrepreneurial companies. In addition to agri-food products, the expo also features tourism packages, cosmetics, and apparel. FAMA Chairman Aminuddin Zulkipli said the agency has observed increasing popularity of Malaysian exotic agri-food products among Singaporean consumers based on their participation in the expo.
Malay Mail
14 hours ago
- Business
- Malay Mail
Govt ends blanket egg subsidy, introduces targeted support from August 1
PUTRAJAYA, July 31 — The government today announced the restructuring of chicken egg subsidies, to take effect tomorrow (August 1), as part of a phased and targeted subsidy approach aimed at greater sustainability and higher impact. The Ministry of Agriculture and Food Security (KPKM), in a statement today, said the move is in line with efforts to ensure supply security and price stability for chicken eggs. As part of this initiative, it said, the industry has agreed to introduce Special Grade Eggs which will be offered at more affordable prices. It said the public can continue to purchase chicken eggs at competitive prices through the Agro Madani Sale and Rahmah Sale programmes, which are being widely implemented nationwide at sales locations managed by the Federal Agricultural Marketing Authority (FAMA) and the Farmers' Organisations Authority (LPP). According to KPKM, the government spent nearly RM2.5 billion to subsidise chicken egg prices between February 2022 and December 2024. 'It is a huge amount and temporary in nature to assist both the public and the industry during the Covid-19 pandemic and the global supply chain crisis,' said KPKM. With the market situation now stabilising, it said, the subsidy scheme has been restructured to become more targeted and comprehensive. It said the Ministry of Domestic Trade and Cost of Living (KPDN) will also continue to strengthen enforcement through close monitoring under the Price Control and Anti-Profiteering Act 2011 to combat any form of profiteering or price manipulation by irresponsible parties. 'This step is important to ensure that to ensure that prices charged to consumers remain reasonable and fair,' read the statement. Any inquiry or information regarding the issue of supply or prices of chicken eggs can be channelled to KPDN's official email at [email protected] or via its hotline at 03-8000 8000. — Bernama
Barnama
6 days ago
- Business
- Barnama
Perlis FAMA Implementing 30 Agro MADANI Sales From This Month To March 2026
KANGAR, July 25 (Bernama) -- The Perlis Federal Agricultural Marketing Authority (FAMA) is implementing 30 Agro MADANI Sales across the state from this month (July) to March next year to help the people of Perlis obtain essential goods at reasonable prices. Its director, Mohd Anzara Azizan said the programme will be implemented in housing areas, government complexes as well as mosque compounds, in collaboration with Perlis Islamic Religious Affairs Department (JAIPs). In this regard, he said the implementation of the Agro MADANI Sales targeted a total sales value of RM450,000 with the involvement of 450 traders offering goods such as meat, chicken, fish, seafood and vegetables.
Barnama
18-07-2025
- Business
- Barnama
Sabah Records Highest Agricultural Holdings In Malaysia
SOOK, July 18 (Bernama) -- The interim report of the 2024 Agriculture Census shows that Sabah recorded the highest number of agricultural holdings in Malaysia, with a total of 159,259. Deputy Agriculture and Food Security Minister Datuk Arthur Joseph Kurup said the agricultural holdings refer to the number of individuals or organisations engaged in the agricultural sector, with Sabah's interior zone — comprising the districts of Keningau, Sook, Nabawan, Tambunan and Tenom — accounting for 26 per cent of the state's total agricultural holdings. 'This number is expected to increase further given the vast potential of undeveloped agricultural land in the interior areas,' he said when launching the Road to National Farmers, Breeders and Fishermen Day (HPPNK) 2025 Series 2 here today. In response to this development, he said the Ministry of Agriculture and Food Security, through its various agencies, has stepped up efforts to boost the agricultural sector in the interior areas. 'These efforts include the establishment of the Sook Area Farmers' Organisation (PPK); setting up a coffee processing facility in Sapulut, Nabawan; restoring padi fields in Tulid; and cultivating taro and onions in Sook. We are also working to introduce high market-potential crops such as MD2 pineapples,' he said. Arthur said the federal government, together with the state government, remains committed to strengthening the agricultural sector through policy planning, technical support programmes and rural infrastructure investments to continuously enhance agri-food productivity. 'As the lead agency for agri-food marketing services in the country, the Federal Agricultural Marketing Authority (FAMA) plays a key role in strengthening the agri-food security chain by focusing on accessibility and affordability for consumers, supply availability, as well as usage stability and sustainability,' he said. He said that last year, Sabah FAMA was allocated RM13.8 million for the implementation of 313 projects and programmes, benefiting over 29,000 entrepreneurs and contributing to sales worth RM83 million. 'With the upgrading of tamu (rural markets), strengthening of retail outlet networks, and strategic engagement with farmers and operators at the grassroots level, FAMA is confident that Sabah can become one of the key pillars in the national food security agenda,' he added.
Malaysian Reserve
17-07-2025
- Business
- Malaysian Reserve
FAMA encourages use of local fruits at govt functions
THE Federal Agricultural Marketing Authority (FAMA) encouraged government agencies to serve local fruits at official events, as part of efforts to support and promote the country's agro-based products. FAMA director-general Abdul Rashid Bahri said that such an initiative would not only help strengthen the economy of local fruit and vegetable entrepreneurs but also raise public awareness on the importance of prioritising locally produced goods. He added that the exemption of Sales and Service Tax (SST) on local fruits has also contributed to the growing demand for local produce. 'The local fruits and vegetables campaign this time is more focused and ongoing. We have also reminded government functions to prioritise local products and menus, and caterers have been informed of this directive. 'We can already see an increase in the use of local fruits at government events compared with the past, when imported fruits such as oranges, grapes and apples were commonly served,' he told reporters after opening the Kopiesatu branch at Petron Pedas, here, today. Abdul Rashid said that the growing demand for local products has encouraged farmers to increase production, while FAMA remains committed to promoting local sales campaigns, particularly for high-demand items, such as bananas, pineapples and watermelons. In another development, he said that FAMA would continue efforts to strengthen the local coffee industry through its Kopiesatu brand, a wholly-owned product of the agency, which has been in the market since 2001 and now operates 23 branches nationwide. 'This initiative not only delivers the taste of high-quality local coffee, but also serves as a platform for entrepreneur development, particularly in the food and beverage sector,' he added. 'The main objective of establishing Kopiesatu is to position it as a leader among small and medium entrepreneurs in the coffee industry, cater to the demand for local coffee products, and promote the country's agro-based sector. 'Kopiesatu also aims to raise public awareness about the availability of high-quality and competitive local coffee brands,' he said. He added that the Kopiesatu business model is offered through a licensing scheme, priced at RM20,000, which includes facilities and support such as administrative assistance, training, a POS software system, branded uniforms, marketing, monitoring, and continuous licensing support. The licensing packages available include kiosk setups, food trucks (new or existing), and push carts. — BERNAMA
