Author: Hithaishi CB

Corteva focusing on Biodiversity with TNFD LEAP framework in Agriscience  As a first step towards integrating nature-positive financial decision-making into Corteva’s core business strategy, the company launched the TNFD pilot project, which highlights both innovative products in its pipeline and partnerships to advance biodiversity and set new standards for corporate governance. Following the announcement of the biodiversity goal in 2022, Corteva has been an active partner in piloting how to report on biodiversity risks and opportunities, including the recently released Taskforce on Nature-Related Financial Disclosures (TNFD). Organizations can report and act on evolving nature-related impacts of their operations using the…

Operating extensive rubber plantations spanning nearly 7,000 hectares in 19 provinces of Thailand, STA holds a significant position in the global natural rubber market.  Bangkok’s Sri Trang Agro-Industry PCL (STA) has joined the Global Platform for Sustainable Natural Rubber (GPSNR) in the producers, processors and traders category. STA, a prominent natural rubber company founded in 1987, is dedicated to promoting sustainable and fair production of natural rubber on a large scale. Operating extensive rubber plantations spanning nearly 7,000 hectares in 19 provinces of Thailand, STA holds a significant position in the global natural rubber market. By joining GPSNR, STA demonstrates…

Agrifood market projected to reach $9.73 trillion in 2023 and $12 trillion by 2027, representing a CAGR of +6%. Agrifood market growth is expected to reach $8.67 trillion by 2022, up from $8.28 trillion as per the market analytics. Moreover, the sector is projected to reach $9.73 trillion in 2023 and $12 trillion by 2027, representing a CAGR of +6%. Several factors contribute to this growth, including population growth, technological advancements, and shifting consumer preferences. Although the ongoing Ukrainian war has increased the industry’s challenges and uncertainties, resulting in a drop in production and sales, the non-reducible nature of food…

The expansion programme will enhance access to childcare and promote sustainable rural entrepreneurship in Indonesia’s Riau province Three regencies in Indonesia’s Riau province will benefit from enhanced funding for rural development programmes, following an agreement signed today by humanitarian organisation Tzu Chi Indonesia, agribusiness Golden Agri-Resources (GAR), and nutrition company ADM. A new Community Learning Centre in Riau will provide education on integrated sustainable farming to encourage community entrepreneurship Funded by a grant from ADM Cares, the social investment programme of ADM, the one-year agreement will implement two projects targeting communities within GAR and ADM’s supply chain. This partnership will expand GAR and Tzu Chi Indonesia’s…

Partner with Europe’s leading precision-fermentation company Formo, Europe’s leading precision-fermentation company, has partnered with the Singapore Management University (SMU) to examine consumer demand for a new class of products – precision-fermentation egg consumers products. The study ‘Not getting laid: consumer acceptance of precision fermentation made egg’ published in Frontiers, a peer-reviewed journal and open science platform, was conducted by Formo Bio GmbH researcher Oscar Zollman Thomas, and SMU’s Professor of Communication Management Mark Chong, Professor of Psychology Angela Leung, research fellow Tricia Marjorie Fernandez and Psychology PhD student Shu Tian Ng. They surveyed 3,006 from across three continents in Germany, USA and Singapore to assess consumer demand, demographic predictors and motivating factors behind the embrace of an egg product…

China’s Angel Group, a leading biotechnology firm, driving progress and innovation in sectors like bio-agriculture and bio-healthcare. Recently, Angel successfully achieved large-scale production of the Dangxiong LB VIII probiotics strain, a significant breakthrough that marks a milestone in Angel’s strategic transformation from yeast towards biotechnology. The DB-8 hails from Dangxiong, which is at an altitude of 4,500 meters where there are towering snow mountains and vast grasslands. This edible probiotic strain belongs to Lactobacillus delbrueckii subsp. Lactis, and at its core Angel has brought its first self-developed yogurt starter culture Yo-Fru1. Angel’s R&D team regularly visited Tibet and collected over…

“Terra Agri,” a new service aimed at sustainable agriculture globally to advance technology-driven precision agriculture from Southeast Asia to the world.  Terra Drone Corporation, a leading drone and Urban Air Mobility (UAM) technology provider, expands into the precision agriculture sector by acquiring the business of Avirtech, a leading startup providing agricultural drone spraying and mapping service in Southeast Asia. Terra Drone establishes a new company Terra Drone Agri in Malaysia. And develops its business in Malaysia and Indonesia under the new business brand “Terra Agri”. Leading drone research firms, including Drone Industry Insights, recognize Terra Drone as one of the top drone service providers worldwide. Terra Drone has successfully completed over 3,000 surveys and inspection projects in…

GetBlok Farms© has entered into a two-year renewable energy agreement with ENGIE Resources LLC, a subsidiary of ENGIE North America (ENGIE). This renewable energy purchase includes Renewable Energy Credits (RECs) from the Priddy Wind Project (Mills County, Texas). GetBlok Farms© will receive RECs to match the forecasted consumption for its hydroponics farm in West Aliquippa (PA).  The Green-e® certified RECs in this agreement are determined by the Center for Resource Solutions to be independently verified to represent the environmental benefits of one MWh of renewable energy. Over the term of this agreement, the RECs will equal 100% of GetBlok Farms© demand and avoid the equivalent CO2 emissions from…

The new market access supports the horticultural sector in meeting their target of becoming a $20 billion sector by 2030 A new shipment of Hass avocados from Western Australia has arrived in Thailand. Following an agreement signed earlier this year between the two countries to export avocados through a new market access deal, two shipments of nearly six tonnes of avocados arrived in Thailand this week.  Australian avocado growers have wanted to export to Thailand for a number of years, and this signed agreement is a great step forward in our trading relationship. The new market access supports the horticultural…

The partnership will accelerate customs clearance of agro-fishery goods, promoting trade and investment in agricultural and aquatic products to boost businesses The Vietnam Ministry of Agriculture and Rural Development and the People’s Government of Guangxi Zhuang Autonomous Region of China on September 16 signed a Memorandum of Understanding (MoU) on agricultural cooperation in China’s Nanning city. Under the MoU, the two sides agreed to jointly develop cooperation in agriculture and rural development as well as promote trade and investment in the agricultural sector, toward the goals of achieving sustainable growth in agro-fishery trade and investment in agriculture between the two…