Malaysia

China Demands Premium Musang King Durian

MALAYSIANS will not have any durian to savour if all of the fruits are exported to China, says Deputy Agriculture and Agro-based Minister Sim Tze Tzin. “We are producing 300,000 tonnes of durians a year while we are currently exporting 5.8%, or 17,000 tonnes to China. “On comparison, Thailand exports 300,000 tonnes a year “And if China has the same demand for durians from Malaysia, there will be none left here,” he said in ministerial reply on issues raised during debates on the mid-term review of the 11th Malaysia Plan. However, he gave the assurance that there is adequate supply of [...]

China Buying up Musang King Durian Plantations

Malaysia’s Deputy Agriculture and Agro-based Minister Sim Tze Tzin has refuted a nightmare scenario for his durian loving countrymen, that claimed that Malaysians will have no Musang King durians left if demand for the 'king of fruits' increases in China. "We are producing 300,000 tons of durians a year, currently exporting 5.8% -or 17,000 tons- to China. In comparison, Thailand exports 300,000 tons a year and if China has the same demand for Musang King durian from Malaysia, there will be none left here," he said. However, he assured the people that there is an adequate supply of durians for locals, [...]

China’s Demand for Musang King Durian not affected by Covid-19

According to the Plantations International's Market Dynamics Research Team  (MDR), the demand for Malaysian Musang King durians on the Chinese market remains as robust as ever. Even though the spread of the novel coronavirus has interrupted supply chains to various degrees, lets not confuse supply chains with market demand. The overall all market demand for Malaysian Musang King durians in the Peoples Republic of China market place is as strong as ever and many Chinese buyers where rushing to pre-order Musang King durians to get ahead of any potential short term supply issues that the epidemic may cause. A large number [...]

Brisk Business for Agarwood in Kuala Lumpur

Jalan Bukit Bintang is known for its glitzy malls and bars, which tourists make a beeline for. However, among the bustling nightspots and shopping centres, there are at least six agarwood shops and perfumeries along that street alone, attracting the stream of Arab visitors looking for the expensive scent used to, among others, spray on the curtains that cover the Kaabah in Mecca and for incense burnt in their homes. Preparing for the coming “Arab season” in August, these thriving shops have boxes and boxes of the rare wood in stock, mostly sourced from Malaysian rainforests. Shopkeepers said they buy their [...]

How Does Plantations International Invest in Farm Land

For real estate investing, there are laws, procedures, theories and probabilities to contend with, but the human element is also a concept that must be factored in, just as important. However, there's one line of thinking that virtually, all investors would probably agree on, that investing in undeveloped farm land or "Strategic farm land Investment" as we like to call it, is one of the safest real estate investment vehicles there is, as long as you invest at the right place, at the right time, and for the right price. For hundreds of years around the globe, vast fortunes have been [...]

Malaysia’s Customs Officers are Helping Keeping the Timber Trade Legal

Malaysia Legal Timber Trade More than 100 customs officers, forestry officials, timber trade enforcement and private sector representatives from across Malaysia met in Putrajaya to develop timber trade guidelines to assist frontline customs authorities in their work at a national workshop organized by the Ministry of Plantations Industries and Commodities (MPIC), Malaysian Timber Industry Board (MTIB), Royal Malaysian Customs and TRAFFIC, in collaboration with the World Customs Organization (WCO) and ITTO, as part of ITTO’s Biennial Work Programme for the years 2015-2016. Timber is the most valuable natural resource commodity traded globally with an annual turnover estimated in excess of US$300 [...]