Deal with China should push up price of bird’s nest

Edible bird's nests.

BIRD’S nest export prices are expected to quintuple after Malaysia inked a deal with China to ship raw edible nests to the People’s Republic.

Malaysia’s deal with China, said Agriculture and Agro-Based Industry Minister Datuk Seri Ahmad Shabery Cheek, could bring about RM1.5bil in profits to the local bird’s nest industry, but this could also mean the price for the product for local consumption may increase.