Malaysia To Give Incentives, Subsidies To Rubber Smallholders

 

28 October 2015

By Niluksi Koswanage and Anuradha Raghu

 

Bloomberg – Government to spend as much as 200 million ringgit on subsidies and incentives from January, Prime Minister Najib Razak says in budget speech in Parliament.

 

* Government to subsidize farmers if rubber prices fall below 5.5 ringgit/kg; previously subsidy level was if prices fell below 4.6 ringgit/kg

 

* NOTE: Malaysia Boosts Cash Incentives for Rubber Smallholders