Author: Hithaishi CB

[ hithaishi.cb@mmactiv.com ]

The multi-year program will cost around P93 billion Philippines Department of Agriculture (DA), Agriculture Secretary Francisco Tiu Laurel, Jr. unveiled his plan to increase agricultural productivity, lower food cost, ensure food security, and make farming and fisheries a more bankable investment alternative. “Our goal is to modernize Philippine agriculture to spread benefits across  the entire value chain. Farmers and fisherfolk should get fair value for their produce, prices of goods should be affordable,  while traders, processors and retailers should be able to generate  reasonable profits. It’s important to address the decades old inequity where  farmers and fishers do not really benefit from the fruits of…

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Beverley Postma, Executive Director, Grow Asia reveals Grow Asia’s projections with the Theme “Consolidate, Focus, and Scale” though four public-private programs and funds: GrowVentures, GrowHer, GrowRight, and GrowBeyond The multi stakeholder partnership platform in Southeast Asia, Grow Asia works to catalyze inclusive agriculture development by convening governments, farmers, NGOs, private sector and other stakeholders co-create value chain initiatives aimed at empowering smallholder farmers and protecting the and environmental sustainability of agriculture. Grow Asia was established by the World Economic Forum, in collaboration with the Association of Southeast Asian Nations (ASEAN). Grow Asia’s work guided by four operating principles: Smallholder-focused, keeping the farmer at the center of…

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Total investment capital at Vietnam site reaches more than $500 million Nestlé Vietnam has announced an additional investment of $100 million to increase the capacity of Nestlé Tri An factory, Dong Nai province, bringing the total investment capital at this factory to more than $500 million. The additional investment in the Nestlé Tri An factory will help increase capacity and capacity to meet the increasing demand for coffee, continuing to make the Vietnamese market a center for coffee production and supply. High value for domestic and world markets. To date, Nestlé Group has invested nearly $830 million through Nestlé Vietnam…

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The discovery of novel chemistry for fungal control demonstrates digital technologies reduce the time needed for R&D discovery, while building in safety guardrails early Syngenta Crop Protection, a global leader in agricultural innovation, and crop health company Enko announced the discovery of novel chemistry to control fungal disease in crops, using a platform that reduces the time required for R&D discovery. With its newest collaboration, Enko and Syngenta will focus on discovering herbicide solutions to combat widespread resistance and eliminate aggressive weeds, such as Palmer Amaranth. The new chemistry features a new mode of action designed to target diseases that…

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BII and ADB Trade and Supply Chain Finance Program sign $100 million risk sharing agreement to promote green trade in Asia British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, and Asian Development Bank (ADB), the regional development bank for Asia and the Pacific, today announced a new partnership to finance up to $100 million of green trade transactions in the region. The partnership will be managed through ADB’s Trade and Supply Chain Finance Program (TSCFP) and will focus on renewable energy, energy efficiency and climate-smart agriculture to support the region’s energy transition and climate resilience. In South and South East Asia, two of…

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AI, Data Analytics and NTT Smart Management Platform will help regenerate section of Daintree while speeding new models for environmental restoration NTT and ClimateForce have partnered to create the world’s first Smart Rainforest using NTT’s Smart Management Platform technology. This groundbreaking initiative aims to regenerate a section of Australia’s Daintree Rainforest and establish sustainable and cost-effective models for environmental restoration efforts around the world. ClimateForce is regenerating a section of Australia’s Daintree Rainforest that had been razed for agriculture decades ago. The land, which is adjacent to the Great Barrier Reef, has since become infested with invasive plant species. NTT’s…

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President Joko “Jokowi” Widodo Friday (01/12) met with President of the Socialist Republic of Vietnam Võ Văn Thưởng for a bilateral meeting at Vietnam’s Presidential Palace in Hanoi, Vietnam. According to the President during the press statement after the meeting, the meeting has resulted in cooperation agreement between the two countries, with measures to boost new bilateral trade targets being one of them. President Jokowi also said he welcomed more investment between the two countries, large companies, and unicorns from Indonesia which have invested significantly in Vietnam. “I am confident they will be given ease and secure protection and I…

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Successful pilot has resulted in 2.4 million bushels (64,000 metric tons) of verified, fully traceable U.S. soybeans shipped from U.S. to Europe ADM, a global leader in sustainably sourced solutions from nature, has loaded and shipped its first vessels of verified, fully traceable soybeans from the U.S. to Europe. With the completion of the initial phases of the program, and in anticipation of the new EU deforestation regulations becoming effective at the end of the year, ADM now intends to expand these capabilities to other key locations across North America in the 2024 growing season. Matt Hopkins, ADM’s vice president,…

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Study indicates farmers who used Pivot Bio’s PROVEN 40 witnessed reduced rate of nitrogen with a 0.91 increase in tonnage per acre, representing a 4.2% advantage over the grower standard An extensive new study conducted in collaboration with over 30 dairy producers during the 2022 and 2023 growing seasons demonstrated that replacing up to 40 pounds per acre of synthetic nitrogen with Pivot Bio PROVEN® 40 significantly improved silage tonnage without sacrificing quality. The results, presented at the Dairy Business Association’s Dairy Strong event in Green Bay, Wisconsin, showed that farmers who used PROVEN 40 and a reduced rate of nitrogen saw a…

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Proxima has developed proprietary technology to better isolate, characterize, and engineer microbes for applications within agriculture, food, and pharma Saskatchewan’s Global Agri-Food Advancement Partnership (GAAP) has made an undisclosed investment round into Proxima Research and Development in Canada and to expand in Canadian agriculture market. Proxima has developed proprietary technology to better isolate, characterize, and engineer microbes for applications within agriculture, food, and pharma. Proxima offers unique microbial solutions along with developing pro-priority technology solutions. Proxima has a vibrant and diverse R&D program which focuses on the isolation and genetic characterization of microbes with applications in food, biofuel, bioproducts, and…

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