Socio-economic Background of Herbal Industry in Peninsular Malaysia

This is a 'must read book' for herbal related policy makers, programme implementers, investors, researchers, industry players and those who are interested to know more about herbal industry in Peninsular Malaysia. From the study conducted on 6545 chain players in 2014-2016, this book highlights the herbal industry is is infancy. Nevertheless, under Malaysia's Economic Transformation Programme (ETP), it has huge potential to contribute significantly to the economy. Faced with gaps, issues and challenges, the government needs to play a key role by providing various assistances to enable the industry entering "the take off" stage in herbal industry development. The three most important strategies to further develop the herbal industry are strengthening R&D, enhancing capacity building and transferring technology. There is a need to have a one stop centre to provide and coordinate comprehensive abd holistic information on the herbal industry.