Insect protein companies are eagerly anticipating the upcoming regulatory framework from the Singapore Food Agency (SFA) that will allow the sale of insect-based food products. Expected to be introduced in the first half of 2024, this framework will approve 16 species...
Korea Ginseng Corp. (KGC), a subsidiary of South Korean tobacco giant KT&G Corp., focusing on health functional food products, has announced the launch of its red ginseng brand Jung Kwan Jang products in Malaysia. These products will be available through...
In June 2024, Vietnamese Deputy Minister of Planning and Investment Do Thanh Trung and Ireland’s Minister of State Martin Heydon signed a Memorandum of Understanding (MoU) to boost diplomatic and trade cooperation. Several Vietnamese officials participated in a...
The Ministry of Cooperatives and SMEs (Kemenkop UKM) is embarking in a cooperation with the Australian livestock company Austrex to enhance the governance of Indonesia’s livestock business sector. The Deputy for Entrepreneurship at Kemenkop UKM aims for this...
In May 2024, the Danish Minister for Food, Agriculture, and Fisheries, along with a delegation of Danish agri-food companies, visited Vietnam to engage in high-level discussions on sustainable food production and efficient supply chains. During this visit, Denmark and...
The Singapore Food Agency (SFA) is exploring ways to enhance fish farming infrastructure in the southern waters, following the announcement that the Barramundi Group, the sole operator in the area, intends to cease operations there. Before new fish farms take over in...
Leaders from some of Australia’s major food and wine representative groups met in Indonesia to foster trade opportunities between the two nations. The Roundtable Discussion featured representatives from Meat & Livestock Australia, other Australian Food and...
Mahindra & Mahindra, the world’s largest tractor manufacturer by volume, has formally announced its plan to enter the ASEAN market, beginning with Thailand. ASEAN, a significant agricultural hub, sees around 80,000 tractors sold annually, making it one of the top...
The Malaysian government has committed MYR 9.5 million (USD 2 million) to a new cocoa cultivation initiative that includes the establishment of a new 350-hectare plantation and a recovery project covering 2,126 hectares. This investment aims to boost local cocoa...
The Department of Foreign Affairs (DFA) announced that the Philippine government is considering partnerships in fruit crop development with Spain. A high-level delegation from the Department of Agriculture (DA) recently visited the Institute of Agrifood Research and...
Singapore-based vertical farming company VertiVegies has canceled its plan to construct one of the largest indoor vegetable farms in the country. The farm, planned on a 2-hectare plot in Lim Chu Kang, aimed to increase local vegetable production by 10%, producing six...
The Thai Feed Mill Association (TFMA) and the U.S. Soybean Export Council (USSEC) recently signed a memorandum of understanding (MoU) to support and advance sustainable sourcing practices for feed ingredients in Thailand. The MoU aims to establish a sustainable and...