01/24/2011

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MALAYSIA: Ministry to cut middlemen out of rubber trade

The government plans to increase profits for rubber small holders by implementing various initiatives, including reducing the role of the middleman.

Rural and Regional Development Minister Datuk Seri Shafie Apdal said with the current price of rubber at RM16.29 per kilo, small holdings could only take in half the amount as they depended on middlemen.

He said the ministry also plans to establish factories to process rubber in holdings that are 5,000 ha or bigger.(Syed Rashid Ali, Karachi, Pakistan)

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