Bank publishes book on agriculture amid Covid-19


Mustapha says the publication of the book is part of Agrobank’s initiative in assisting the agriculture community.

DRIVEN by its mission to ensure the agriculture sector’s stability, especially the agrofood industry, Agrobank launched a special publication titled Kesan Covid-19 dan Jaminan Bekalan Makanan Negara – Isu, Cadangan dan Solusi.

Featuring a compilation of articles by key industry players in the agriculture sector, the publication documents issues, challenges and solutions related to food security due to the Covid-19 pandemic.

A report on the Global Food Crisis 2020 (GRFC) stated that Covid-19 could result in further deterioration of food security to acute or critical levels worldwide.

Agrobank chairman Datuk Mustapha Buang said, “The publication of this book is timely and it is part of Agrobank’s initiative in assisting the agriculture community while ensuring sustainability and stability of the nation’s food supply in facing the threat of any crisis.”

As a Development Financial Institution (DFI) with mandate to support the growth of the agriculture sector in Malaysia, Agrobank remains committed to providing financing programmes and initiatives to its customers.

In providing access to financing for agropreneurs, Agrobank actively carried out various financing programmes for entrepreneurs affected by the pandemic by providing “Agromakanan Fund” under Penjana.

From January to October, Agrobank approved more than 4,600 micro-financing applications with a total financing of RM202,714,320.03.

Agrobank also offers support and flexibility to its customers affected by Covid-19 who may be entering a phase of financial uncertainty, especially businesses in the agrofood industry by offering restructuring and rescheduling (R&R) programmes.

To date, Agrobank has approved over 9,000 R&R applications to micro, corporate, commercial and consumer customers affected by the Covid-19 pandemic to ease their cashflow.

During the movement control order period, Agrobank also assisted agropreneurs impacted by Covid-19 through various physical and online courses such as Business Guidance, Klinik Bisnes, online dialogue sessions such as Umbi Agro and webinar sessions which provided agropreneurs a platform to discuss issues, suggestions and solutions related to entrepreneurship in agriculture and agrofood sectors.

During the online launch of the book through Agrobank’s official Facebook page, Mustapha also thanked the writers.

“On behalf of Agrobank, I would like to express my deepest appreciation to the authors who have contributed their articles for this publication.

“May the book provide new knowledge and be used as a guide to all of us in our effort to improve the stability of the nation’s food security, ” he said.

The book contains nine articles and two case studies related to food security from Agriculture and Food Industries Ministry deputy secretary-general (policy) Datuk Haslina Abdul Hamid; National Agriculture Advisory Council member Prof Datin Paduka Fatimah Mohamed Arshad; Akademi Sains Malaysia fellow Datuk Dr Madeline Berma; Khazanah Research Institute senior research associate Dr Sarena Che Omar, as well as all the agencies involved, namely Federal Agricultural Marketing Authority, Malaysian Agricultural Research and Development Institute, Farmers Organisation Authority and the agriculture department.

There are limited copies of the book and the digital version can be obtained at www.agrobank.com.my.

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