According to the governor of the Tobacco Authority of Thailand (TOAT), the business value of cannabis and hemp could reach THB 10 billion ten (USD 315 million), which can compensate the state-held TOAT for a decline in tobacco income stemming from a decline in...
Vietnam’s agricultural products are benefiting from the country’s increasing integration into global value chains. However, industry experts highlight how the sector has yet to develop modern production methods due to its small scale and lack of technology...
World’s largest food and beverage manufacturer, Nestlé has partnered with South Korea’s leading fried chicken brand, KyoChon to introduce a meat-free menu via its all-new Harvest Gourmet plant-based range in Malaysia. This marks the companies’ expansion into the...
The Indonesian Ministry of Agriculture recently signed an agreement with Microsoft to provide smallholder farmers with technology-oriented solutions such as cloud-based technologies, machine learning and advanced analytics. FarmBeats, a purpose-built,...
The Singapore Food Agency (SFA) is establishing an SGD 60 million (USD 44.7 million) Agri-Food Cluster Transformation (ACT) Fund to support the transformation of the agri-food sector into one that is highly productive, climate-resilient and resource-efficient. The ACT...
Malaysia Digital Economy Cooperation (MDEC), the lead agency in driving the digital economy under the Ministry of Communications and Multimedia Malaysia, anticipates higher rates of drone technology adoption in 2021. This is expected to be driven by an increase in...
The Philippine government is fast-tracking policies to stabilize food supply and ensure that households affected by COVID-19 will not be doubly affected by the increase in food prices. One of the policies is the Philippine Department of Agriculture’s...
TaniHub, an Indonesian e-commerce company that focuses on the supply and distribution of agricultural produce, registered an increase of more than 600% gross revenue growth in 2020 – double the rate from 2019. Due to extended large-scale social restrictions imposed...
Vietnamese exports of agrifood products are expected to play an increasingly important role in the country’s trade flows as a consequence of a series of recent developments: The recently-signed EU-Vietnam and UK-Vietnam FTAs have created favorable conditions for...
Researchers from the Singapore-MIT Alliance for Research and Technology (SMART) are exploring the development of engineered plant nanosensors and portable Raman spectroscopy. These analytical tools can provide tissue-cell or organelle-specific information on living...
To facilitate the trade of value-added agricultural projects, Thailand is going ahead with the THB 350 million (USD 11.5 million) Eastern Fruit Corridor project. In this context, a Memorandum of Understanding on Cooperation on the Setting Up of the Blast Freezer and...
Unovis Asset Management has invested in Green Butcher, an Indonesian-based startup that is developing plant-based alternatives to chicken and beef using natural, whole-food ingredients. The USD 2 million funding will support additional R&D hiring and help the...
