Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Stats Dept introducing agricultural production index to aid national food security
    Commodities

    Stats Dept introducing agricultural production index to aid national food security

    June 17, 20252 Mins Read


    KEPALA BATAS: The Statistics Department will introduce a National Agricultural Production Index to strengthen food security by addressing critical data gaps in the agriculture sector.

    Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the index, to be pushed quarterly, would offer a more comprehensive view of agricultural output, supporting evidence-based policymaking in a sector central to both livelihoods and economic stability.

    The index is being developed in collaboration with several government agencies and will mirror existing statistical frameworks used for the manufacturing, electricity and services sectors.

    “This data will help identify which areas are experiencing increases in agricultural output and the information can be shared across agencies for planning and policy-making purposes,” he said on Tuesday (June 17) after launching the 2024 Penang Interim Agriculture Census Report, officiated by Penang agrotechnology, food security and cooperative development committee chairman Fahmi Zainol here.

    Until now, national agricultural statistics have focused primarily on palm oil and padi production, which he described as ‘not comprehensive.’ The new index, he said, would offer more structured and detailed coverage of the broader agricultural sector.

    Preliminary findings from the 2024 Agriculture Census indicate that the sector recorded sales of RM161bil in 2023, employing 1.7 million people. These figures underscore the industry’s potential if backed by strategic policies and innovation.

    In Penang alone, agricultural sales reached RM3.5bil, despite the state’s small size. Individual farmers accounted for 93.1% of agricultural holdings, with organisations making up the remaining 6.9%.

    The census also highlighted the active role played by senior citizens, with more than half of Malaysians aged 60 and above still engaged in agriculture.

    Mohd Uzir noted that the presence of older farmers in the field remains strong, while youth involvement presents further opportunities to enhance sector productivity. – Bernama

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Davis Commodities parie sur le bitcoin dans une stratégie de 30 millions de dollars sur les actifs numériques

    Commodities

    Agricultural waste can become clothes of the future – new research

    Commodities

    “C’est la plus grosse scène du plus gros festival” : Benjamin, ingénieur et batteur de Luci Sue, va se produire sur la main stage du Hellfest

    Commodities

    Matières premières : La sécurité énergétique au coeur des tensions au Moyen-Orient

    Commodities

    China, Central Asia agricultural cooperation deepens, yielding tangible results: industry experts

    Commodities

    Sound Energy et Gaia Energy s’allient pour développer 270 MW de solaire au Maroc – Telquel.ma

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Property

    Les bénéfices distribuables de Starwood Property Trust pour le premier trimestre dépassent les estimations

    Fintech

    Argentina’s economic shock therapy and fintech boom are wiping out peso notes

    Exhibitor information given for Wilkes Agricultural Fair

    Editors Picks

    123 agricultural shows secure department funding for season

    April 1, 2025

    What will a Trump or Harris administration mean for climate and energy policy?

    October 30, 2024

    Could Fort Knox revaluation spark a global gold market boom?

    February 25, 2025

    Webinar: Artificial Intelligence Patenting In FinTech – – Technology

    October 18, 2024
    What's Hot

    Property For Industry envisage de proposer des obligations -Le 25 février 2025 à 02:23

    February 24, 2025

    Basket-ball. « Beaucoup de villes candidates », Adam Silver entretient le flou sur un match NBA à Paris en 2026

    January 22, 2025

    Razor-thin solar panels could be ‘ink-jetted’ onto your backpack or phone for cheap clean energy

    August 9, 2024
    Our Picks

    Sókn Engineering Is Driving Commodity Returns with Quantum Quantitative Models

    July 30, 2024

    A water-tower conversion on the north Devon coast with 360º views of the countryside

    October 25, 2024

    Check rates of Dogecoin, Tether, Bitcoin, Ethereum

    August 11, 2024
    Weekly Top

    The Digital Currency Monetary Authority (DCMA) Unveils Its Whitepaper For An International Central Bank Digital Currency (CBDC)

    June 17, 2025

    The Digital Currency Monetary Authority (DCMA) Launches An International Central Bank Digital Currency (CBDC)

    June 17, 2025

    Datavault AI to Deploy AI-Driven Supercomputing for Biofuel Innovation

    June 17, 2025
    Editor's Pick

    LVMH Founder Arnault’s Family Firm Invests in AI Companies

    August 19, 2024

    HSBC Launches New Cross-Border Virtual Account Solution For Banks

    October 22, 2024

    Dans les usines de BMW, les voitures se déplacent toutes seules

    February 8, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.