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

    Royal Agricultural Winter Fair returns to Toronto this weekend

    Commodities

    US government shutdown muddies China trade as agricultural officials miss expo

    Commodities

    Syngenta Celebrates 25 Years of Agricultural Innovation, Backed by More Than 250 Years of Company History

    Commodities

    ZAPI GROUP Advances High-Voltage Capabilities for Sustainable Agricultural Machinery

    Commodities

    Valle Caudina Metal Fest: A Heavy Encounter

    Commodities

    Agricultural oil: EUR 18.63 million reimbursed to 82,624 beneficiaries

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Donald Trump appoints Tether’s Howard Lutnick as head of digital currency transition team

    Investments

    Purpose Investments annonce l’absorption temporaire des frais de gestion de la série F et de la série A du Purpose Premium Money Market Fund

    Investments

    Trump touts investments in the U.S. ‘pouring in from all parts of the world’

    Editors Picks

    Ontario County, New York: Embracing the Digital Currency Revolution

    October 31, 2024

    La perte attribuable de Salt Investments s’aggrave au cours du troisième trimestre fiscal ; les actions augmentent de 33%. -Le 17 février 2025 à 07:28

    February 16, 2025

    I’ve been a metal guitarist for almost two decades and not enough people talk about these incredible guitar-shredding albums

    October 6, 2025

    Mine waste eyed as source of rare metals

    July 14, 2024
    What's Hot

    Blockchain, crypto are coming to HUD?

    March 7, 2025

    When a cutout of Jarvis Cocker nearly killed a metal icon

    September 8, 2025

    5 Top Cryptocurrency Cloud Mining Platforms in 2024 (Earn passive income from home)

    July 22, 2024
    Our Picks

    All On Chairman urges bold investments to bridge energy gap in Nigeria 

    August 29, 2025

    H Samuel’s dainty gold necklace looks more expensive than it is

    September 7, 2025

    Real estate market’s new payment structure starts Saturday

    August 15, 2024
    Weekly Top

    AXS Investments Loads Up on 213,000 SQQQ Shares

    November 6, 2025

    Ukraine fails to secure restructuring of controversial growth-linked bonds

    November 6, 2025

    London Real Estate Leadership: 2026 Forecast in London

    November 6, 2025
    Editor's Pick

    UK fintech Revolut valued at $75 bn: source to AFP

    September 1, 2025

    Argosy Property annonce la succession de son PDG

    June 2, 2025

    British fintech Revolut valued at $45 billion in secondary share sale

    August 16, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

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