DPM Fadillah: MPOB channelled RM983,000 to smallholders until August 2023

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KUALA LUMPUR, Oct 30 — The Malaysian Palm Oil Board (MPOB) has approved RM983,000 to 117 oil palm smallholders, with a maximum value of RM16,250, until August 2023 to finance...

Deputy Prime Minister and Plantation and Commodities Minister Datuk Seri Fadillah Yusof said MPOB has approved RM983,000 to 117 oil palm smallholders, with a maximum value of RM16,250, until August 2023 to finance agricultural input loans for fertilisers, pesticides and seeds.

He also advised smallholders to have good agronomic management practices such as recycling empty oil palm fruit bunches, good fronds management and selective use of weed control to improve the fertilisation process.Fadillah said bulk purchases of fertilisers and herbicides in large quantities involving several smallholders would also help to reduce the prices compared to individual purchases.

On the need to set up the Sabah and Sarawak Palm Council, Fadillah said there is no necessity for that currently because MPOB has branches in each state.

 

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