the sun malaysia ipaper logo 150x150
Friday, July 24, 2026
26.4 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

RISDA urged to explore new programmes to increase smallholders’ income

KUALA LUMPUR: The Rubber Industry Smallholders Development Authority (RISDA) needs to explore new programmes to increase the income of smallholders, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

He said RISDA should take new steps to bring about reforms and not rely solely on the rubber sector.

“The problem is when the price of the commodity fluctuates, according to the demand of the international market, we have to compete with artificial rubber or synthetic rubber.

“This is the most bitter challenge facing us to an extent that the government has to increase the ceiling price but the increase still cannot resolve the problems facing the smallholders,“ he said when officiating the Excellent Student Appreciation Ceremony of RISDA Rakyat Tuition Programme Year 2023 here today.

A total of 640 students who attended the tuition programme under KKDW achieved excellent results in the 2023 Sijil Pelajaran Malaysia (SPM) examination.

Also present were RISDA chairman Manndzri Nasib and the new Ministry of Rural and Regional Development secretary-general Datuk Mohd Khair Razman Mohamed.

Ahmad Zahid, also the Minister of Rural and Regional Development, said he hoped to see changes in RISDA under the new leadership.

He gave one year for the top management in RISDA to bring out changes, not only in terms of profit but also in terms of benefits for the smallholders.

“I also want the subsidiary companies to continue to contribute to RISDA and RISDA to contribute to them. It is not impossible that something new can be done. Don’t use the conventional approach, the old way should be changed.

“The use of technology must be introduced, not only in tapping the rubber trees but also in processing the latex, we need a game changer,“ he said and instructed Mohd Khair Razman to discuss with the management of RISDA regarding the direction of new changes by the agency.

“We must cooperate with other ministries including the Ministry of Plantation and Commodities, in terms of production of downstream products where we are heavily dependent on the sale of unprocessed materials.

“For example, we have to import more than RM6 billion in unprocessed rubber from a neighbouring country even though we are a rubber producer,“ he said.

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

RZOLV and Alkemio Bioscience forge strategic collaboration to advance rare earth and critical minerals...

RZOLV Technologies has signed a non-binding letter of intent with Argentina-based Alkemio Bioscience to jointly develop an integrated modular platform for recovering, separating and refining rare earth elements and critical minerals, paving the way for pilot-scale validation and commercial deployment.

“Across the Table” – Iconic chefs come together for luxury dining series at The...

The Naka Island, Phuket, will host the "Luxury Dining Series: Across the Table" from 12–15 August 2026, featuring Michelin-starred chefs, renowned mixologists and immersive culinary experiences that celebrate fine dining, Thai hospitality and the island's rich culture.

Shopee strengthens support for Malaysian businesses with new growth initiatives

Shopee Malaysia has introduced new seller growth initiatives under Shopee Lindung Niaga, including fee waivers, reduced commission rates, free advertising credits and fulfilment incentives to help local MSMEs start, scale and grow sustainably.

Watsons unveils “Watsons Evergreen” with Pantone to celebrate 185 years of trusted care and...

Watsons has launched "Watsons Evergreen" in collaboration with the Pantone Color Institute to celebrate its 185th anniversary, introducing a signature colour that represents trusted care, everyday vitality and the brand's enduring connection with customers across global markets.

STAMPEDE creates 11,000 free business pages to bring Singapore’s AI push to local F&B...

STAMPEDE has launched 11,000 free business pages to help Singapore F&B operators adopt AI-powered loyalty programmes, enabling hawkers, cafés and restaurants to improve customer retention, referrals and repeat visits without complex technology or additional hardware.

Alylytiq launches AI-powered research solutions to make big-brand insights affordable for Singapore SMEs

Market research consultancy Alylytiq LLP today announced the launch of Automytiq, a suite of AI-powered research solutions designed to make professional-grade market insights accessible to Singapore's small and medium-sized enterprises.

Thailand secures $43.6bn 1H 2026 investment surge as big tech accelerates Southeast Asia AI...

Thailand recorded US$43.6 billion in investment applications during the first half of 2026, led by AI data centres, digital infrastructure and renewable energy projects, strengthening its position as a key Southeast Asian hub for technology, manufacturing and foreign direct investment.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings