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Post forecasts that consumption of corn and wheat in Malaysia will marginally increase in Marketing Year (MY) 2022/23, assuming an eventual stabilization of commodity prices following the disruption caused by the crisis in Ukraine.
The Malaysian food manufacturing and processing industry is an important component of the country’s economic recovery and growth.
Malaysia currently does not have any domestic production of plant biotechnology.
Malaysia’s hotel, restaurant and institutional (HRI) industry is one of the fastest growing sectors in the country’s economy and is largely driven by robust tourism and consumer spending.