AQI Participates in Vietnam’s Bespoke Lifestyle Industries

AQI Participates in Vietnam’s Bespoke Lifestyle Industries

Aquarius International Development (AQI), a company specializing in high-end travel experiences and owned by the Norcal Venture Capital Group, will invest USD 250 million into its expansion across the South East Asian region. The investment will encompass luxury...
HDC to Expand Overseas to Boost Halal Industry

HDC to Expand Overseas to Boost Halal Industry

The Halal Development Corporation (HDC), Malaysia’s federal government halal promotion agency, plans to expand its operations in the next five years to Japan, Korea, Taiwan, and China. The East Asian countries were identified as HDC’s potential markets due to the high...
Indonesia to Develop New Plantations in Borneo

Indonesia to Develop New Plantations in Borneo

The Indonesian government plans to expand a national “food estate” program centered in Borneo, by establishing millions of hectares of new crop plantations. The program’s aim is to help secure domestic food supplies and decrease Indonesia’s reliance on food...
PHILMech Starts Bidding of Farm Machines Valued at PHP 3 Billion

PHILMech Starts Bidding of Farm Machines Valued at PHP 3 Billion

The Philippine Center for Postharvest Development and Mechanization (PHilMech) announced that it is in the process of bidding and acquiring farm machines worth PHP 3 billion (USD 61.9 million) under the Rice Competitiveness Enhancement Fund (RCEF) which collects...
Singapore Food Agency to Develop High-Tech Agri-Food Cluster

Singapore Food Agency to Develop High-Tech Agri-Food Cluster

To ramp up local food production, the Singapore Food Agency (SFA) announced that the Lim Chu Kang area, a largely undeveloped area in north-west Singapore, will be developed into a high-tech, highly productive, and resource-efficient agri-food cluster. The master...
Thai E-Commerce Logistics Firm Raises USD 200 Million

Thai E-Commerce Logistics Firm Raises USD 200 Million

Thailand-based full-service e-commerce logistics provider Flash Express announced that it has completed a Series D funding round of USD 200 million, led by PTT Oil and Retail Business Public Company Limited with participation from Durbell and Krungsri Finnovate. Flash...
Mondelez to Grow its Biscuit Business in the Philippines

Mondelez to Grow its Biscuit Business in the Philippines

Mondelez Philippines announced that it is expanding its snack products portfolio by entering the fast-growing and high-penetration cracker segment of the biscuits category in the Philippines. Traditionally, Mondelez Philippines’ growth has been led by the Powdered...
Vinamilk Investing in Hi-Tech Dairy Farms in Laos

Vinamilk Investing in Hi-Tech Dairy Farms in Laos

Vietnamese dairy giant Vinamilk has announced plans to increase its investment in Lao-Jagro, its Laotian subsidiary, by USD 41 million. The funds will be used to complete a hi-tech organic dairy farm in the northern province of Xiangkhouang with 4,000 cows and also...
Mastercard Builds Alliance to Digitalize Retail Supply Chains in Asia

Mastercard Builds Alliance to Digitalize Retail Supply Chains in Asia

Mastercard has formed an alliance with N-Frnds, SGeBIZ and Finastra, with support from the Asian Development Bank (ADB), to create technology solutions for the retail supply chain and increase wholesalers’ access to credit in Asia. The collaborative solution would...
DKSH and Uhrenholt to Bring Emborg Dairy Products to Thai Consumers

DKSH and Uhrenholt to Bring Emborg Dairy Products to Thai Consumers

DKSH Thailand has become Uhrenholt’s official partner to promote the signature Emborg brand of dairy products across Thailand. The target of this partnership is to introduce the Danish company’s portfolio of shredded cheese, processed cheese, butter and spread, cream,...