Tensions in the Red Sea are not expected to impact the country’s agriculture and food sectors, according to Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.
Maersk announced yesterday that it will pause vessels bound for the Red Sea and the Gulf of Aden "in light of the recent incident involving Maersk Hangzhou and ongoing developments in the area".
Oil prices rallied on Monday due to naval and commercial ship attacks in the Red Sea that raised fears of possible disruptions to oil supply routes, as well as the greater possibility of Russia reducing oil exports earlier than planned, reported Anadolu.
A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
Datuk Seri Saarani Mohamad said the process was carried out legally, adding that MB Inc held a series of direct negotiations with the farm operators since 2021, in addition to offering ex-gratia at a reasonable rate.