EDITION
  • English
  • 中文
  • Bahasa
  • eCommerce
Monday, August 15, 2022
uLearnMoney Subscription Events
No Result
View All Result
Money Compass

Media and partner organizations:

cmc bmc ulearnmoney mylife mcm
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
Subscription
Newsletter
Money Compass
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE
No Result
View All Result
中文 Bahasa eCommerce
Money Compass

E-commerce platforms can stabilise agro-food prices

by moneycompass
December 2, 2021
in Local Market News
e-commerce
Share on FacebookShare on WhatsApp

SERDANG – E-commerce platforms can be a medium to stabilise and lower prices of agro-food products in the country by reducing the involvement of middlemen, Agriculture and Food Industry Minister Datuk Seri Dr Ronald Kiandee said.

“With the e-commerce platform, producers can market products directly to buyers at a price lower than the market price, without being manipulated by middlemen,” he said.

“We really want to reduce the involvement of middlemen so that producers can maximise their income,” he told the media after launching the agro product e-commerce platform, Agro Tradzt, at the Malaysian Agricultural Research and Development Institute (MARDI) here on November 30.

He said the online bazaar operated by the Federal Agricultural Marketing Authority (FAMA), ‘Agrobazaar Online’, recorded sales of almost RM4 million from Jan 2020 to October 31, while online store AgroBazaar Malaysia, which can be accessed via the Shopee e-commerce platform, and AirAsia Farm recorded sales of almost RM1 million in the same period.

“The use of these platforms that market fresh agro-food products have become the new norm since Malaysia was hit by the COVID-19 pandemic,” he said.

 

Read more: 5 Ways to Stop Living Pay Cheque to Pay Cheque

Tags: Covid-19e-commerce
ShareSendShareSendTweetShare
Previous Post

MEDAC introduces MyMall app to reduce costs borne by entrepreneurs

Next Post

Financial systems jeopardized, infostealers and cryptocurrency attacks: A look at financial threats in 2022

Related Posts

Bank Negara Malaysia (BNM) believes Malaysia's economic expansion would be between 5.3% to 6.3% this year, due to its stellar performance of 6.9% in the first half of 2022. 
Local Market News

Malaysia’s economic growth projection at 5.3% to 6.3% for 2022 – BNM

12 Aug 2022
The banks in Malaysia's banking industry are taking proactive steps towards combating climate change and are aware of the required adjustments that are needed to implement and encourage sustainable practices.
Local Market News

Malaysian banks taking proactive steps towards combating climate change

12 Aug 2022
Malaysia's property market exhibited an anticipated trend of gradual improvements, noting an overall increase of 7.93% quarter-on-quarter (Q-o-Q) in the demand index, a recovery from the contraction seen in the previous quarter.
Local Market News

Property market outlook positive after 7.93% growth in demand index

12 Aug 2022

Discussion about this post

MOST POPULAR

  • PhillipCapital Group successfully concluded its first hybrid Phillip Investment Conference 2022, on July 30, at the Berjaya Times Square Hotel, in the presence of over 2,800 delegates both physically and virtually.

    PhillipCapital Concludes First Hybrid Conference With A Bang

    0 shares
    Share 0 Tweet 0
  • Malaysian ringgit ranked as cheapest currency in region

    0 shares
    Share 0 Tweet 0
  • Top 100 SMEs Defy Economic Headwinds to Post Triple-Digit Growth

    0 shares
    Share 0 Tweet 0
  • FWD Group unveils “press play” brand campaign

    0 shares
    Share 0 Tweet 0
  • Malaysia’s exports to contract in 2020 at 8.3% amid MCO, COVID-19 crisis

    0 shares
    Share 0 Tweet 0

MEMBERSHIP SUBSCRIPTION

Subscribe Now

Sign Up for Our Free Newsletters

Stay up-to-date with the latest personal wealth-related articles, breaking financial market news, and more.

Follow us on Social Media

News
Special Feature
Compass
Money Tube
Smart Lifestyle
Corporate Profile
Advertise
Subscriptions
Career
Contact Us
eLearning
Events
Privacy Policy
Terms of Use
Strategic Partners

Copyright © . Money Compass. All Rights Reserved.

Design and Development by Ant Internet Sdn Bhd

No Result
View All Result
  • HOME
  • NEWS
    • Global Market News
    • Local Market News
    • Corporate News
    • PLC News
  • SPECIAL FEATURE
  • COMPASS
    • Financial
    • Investment
    • Start Up
    • Capital
    • Infographics & Quotes
  • MONEY TUBE
  • LIFESTYLE
  • PR NEWSWIRE

© 2020 Money Compass

Career

SUBSCRIBE FREE NEWSLETTER