Author: Hithaishi CB

Exporters and Investors will have access to financial products, market knowledge and connections to boost major sectors like clean technology and renewables, agriculture, advanced manufacturing, infrastructure and more Export Development Canada (EDC), Canada’s export credit agency, states that Vietnam is welcoming Canadian exporters and investors take advantage of the vast potential within this market. ECD will soon open a new representation this fall in Vietnam’s Ho Chi Minh City to ensure it can provide Canadian exporters and investors what they need to enter this fast-growing market. With significant capital available to deploy in the region, on-the-ground market intelligence, connections to the right people and availability…

The startup expanded its leadership team with climate tech veteran Kristin Brief joining as CEO, Lee Lynd transitions to CTO Terragia Biofuel, a technology startup aiming to drive the next generation of biofuels, today announced it has raised a $6 million seed round led by Engine Ventures and Energy Impact Partners (EIP). The company will use the capital to commercialize its novel biology-based approach to converting cellulosic biomass into ethanol and other products, expand its employee headcount and initiate partnerships with major biofuel producers. Terragia uses engineered thermophilic bacteria to break down cellulosic biomass and convert it into ethanol and other chemical products. The…

Fund will be looking to invest in a variety of sectors, with a special focus on eight critical sectors including manufacturing, green energy, fisheries, agriculture, ports, logistics and more In line with the national directive to boost Oman’s economic development and attract international investors, Oman Investment Authority (OIA) has launched the ‘Future Fund Oman’ with a robust capital of $5.2 billion. Designated for deployment over the next five years at a rate of approximately $1 billion annually, the Fund will allocate 90% of its capital to investing directly in commercially and economically viable new or existing large-scale projects located in Oman. The Fund will also allocate 7% of its capital towards…

Sign Strategic Partnership Agreement to expand the range of target crops to strengthen support for farmers and contribute to sustainable agriculture NEC Corporation and Sumitomo Corporation have signed a strategic partnership agreement to expand global sales of NEC’s agricultural ICT platform CropScope. Based on this partnership, NEC and Sumitomo aim to develop markets mainly in South America and the ASEAN region by utilizing Sumitomo’s global network. To this end, NEC will expand the range of crops from the tomato farming support it has been focusing on and add functions to optimize and streamline a series of processes from cultivation to harvesting and processing.…

Soybean Cyst Nematode (SCN) is present in most areas where soybeans are grown, and because nematodes feed on the roots of the plant, the damage is often invisible without any above ground symptoms. To help farmers do the Biggest Job on Earth, BASF is launching SCNFields.com, a website dedicated to providing farmers with SCN sampling results from more than 4,000 collected samples across the United States. Soil sampling is the best way for farmers to determine SCN population levels and help inform decision-making as they work to protect soybean yields. SCNFields.com allows farmers to search SCN sampling results from their area…

Japan has donated JPY 90.1 million in funding to advance the promotion of energy efficiency and low-carbon related activities in the APEC region by supporting activities under the purview of the APEC Energy Working Group.   The contribution was confirmed in a Memorandum of Understanding signed by Tsuyoshi Okuyama, Japan’s Senior Official for APEC and Dr Rebecca Sta Maria, Executive Director of the APEC Secretariat earlier this month, on the sidelines of the First APEC Senior Officials’ Meeting held in Lima, Peru. “APEC member economies are facing an increasing and urgent climate change that threatens our economies and people’s livelihoods,” said Okuyama. “It is crucial for us now…

Philippines premiere trade event for the Philippine livestock, poultry, and aquaculture industries will open its gates to the public from May 22 to 24, 2024 at the World Trade Center in Pasay City. With the theme “Harnessing Innovation and Technology for Sustainable Farm Development,” this year’s edition of Livestock Philippines and Aquaculture Philippines aims to bridge the activities of public and private sectors, establish business opportunities for manufacturers and suppliers with potential distributors, partners, and buyers, and create an environment of knowledge and expertise sharing. “The livestock and aquaculture subsectors of the country’s agriculture industry are pivotal growth drivers of…

Plantation programs across New South Wales, Victoria, Tasmania, South Australia and Western Australia will be establishing the new plantations across New South Wales, Victoria, Tasmania, South Australia and Western Australia with added $73 million investment on Support Plantation Establishment program. This brings the total amount of grant funding awarded across the program’s “first round” will be more than $10 million. The 10 new softwood and 2 new hardwood projects, ranging in size from 22.5 to 660 hectares and consisting of both farm forestry and large-scale plantations, will help address the forestry industry’s demand for domestically sourced, sustainable timber. Minister for…

Collaborative effort to bolster rice research and development in Papua New Guinea The International Rice Research Institute (IRRI) will provide essential support to ensure the future of Papua New Guinea’s (PNG) rice industry. “For too long, the potential for a thriving rice industry in PNG has been a topic of discussion without fruition since 1975. This time, it must be different; it must become a reality,” said Agriculture Minister John Boito during the signing of a new Memorandum of Understanding between IRRI and PNG’s National Agriculture Research Institute (NARI). The agreement, signed by Dr. Ajay Kohli, Interim Director General of…

China has now become Chile’s largest trading partner Chile and China signed a protocol for the access of Chilean almonds to the Chinese market. The new agreement is intended to facilitate the export of Chilean in-shell almonds to China. This protocol allowed Chile to begin exporting fresh peaches and apricots to China, making Chile the first country in the world where all major categories of fresh fruit are permitted to enter the Chinese market. The signing was carried out by the Chilean Minister of Agriculture, Esteban Valenzuela, and the deputy director of the General Administration of Customs of China, Wang Lingjun, at…