Author: Hithaishi CB

IBKR clients will now be able to trade Crude Palm Oil Futures (FCPO) and FTSE Bursa Malaysia KLCI Futures (FKLI) Interactive Brokers, an automated global electronic broker, announced that its clients will now have access to listed derivatives on Bursa Malaysia, one of the largest exchanges in the ASEAN region. IBKR clients will now be able to trade Crude Palm Oil Futures (FCPO) and FTSE Bursa Malaysia KLCI Futures (FKLI), along with global equities, options, futures, currencies, bonds, funds and more, all from a single, unified platform. The FCPO is a crude palm oil futures contract denominated in Ringgit Malaysia…

MHI and TFC to jointly assess the feasibility of developing a fuel ammonia value chain, including ammonia receiving, storage, handling, delivery, and combustion Mitsubishi Heavy Industries, Ltd. (MHI) has entered into a Memorandum of Understanding (MoU) with Taiwan Fertilizer Co., Ltd. (TFC) to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan. This is in support of Taiwan’s “2050 Net-Zero Emissions” goal. Under this MoU, MHI and TFC will assess facilities and economic feasibility of the fuel ammonia value chain, including ammonia receiving, storage, handling, and delivery to power plants, as well…

Pioneers New Seed Traits with Seed Company Partners BioLumic, the world’s only company treating seeds with light to activate genetic expression for new crop traits, has achieved a breakthrough in enhancing inbred corn lines. These genetically ‘pure’ parent seeds are crucial for producing the world’s high-performing hybrid seeds favored by most farmers. After achieving significant performance milestones in 2023 field trials, BioLumic is partnering with Beck’s Hybrids, Peterson Corn Genetics, Peterson Farms Seed, Breeder Direct and other seed companies to use BioLumic’s Genetic Expression Trait™ light-activated technology on a wide range of inbred and hybrid corn lines aiming to enhance…

MoU signed to strengthen small and medium enterprises in transactions, connecting trade with foreign businesses The Trade Promotion Department (VIETRADE) and Hong Kong Trade Development Council (HKTDC) signed a Memorandum of Understanding (MOU) on trade promotion cooperation during a ceremony held on August 1st. John Lee, Chief Executive of the Hong Kong Special Administrative Region (China), visited Hanoi and met Deputy Prime Minister Tran Luu Quang, as well as Lee Ka-Chieu, Chief Executive of the Hong Kong Special Administrative Region (China) and relevant ministries and agencies.  The Memorandum of Understanding signed by the two Parties includes the following main contents:…

Over a $1 Billion Valuation for its Tech-Enabled Superfruit Platform as Healthy Snacking Booms Agrovision, the healthy superfruit platform and the leading large-scale, fully vertically integrated superfruit business, has closed $100 million in equity financing from Aliment Capital, alongside other marquee new and existing investors, including Steve Kaplan, Co-Founder of Oaktree Capital Management. The funding comes after a period of meteoric growth as Agrovision, sold under the Fruitist and Big Skye brands, nearly tripled sales in the past three years. The company is disrupting the $100B healthy snacks market while supporting wellness for people and the planet. The financing will…

Biogold is a preeminent global supplier of citrus genetics and the partnership propels Sun World’s growth strategy Sun World International LLC has acquired Biogold Group, a significant South Africa-based global fruit variety rights manager, trading as Citrogold in South Africa. Biogold is recognized as the preeminent global supplier of citrus genetics. A strategic alliance between two industry leaders, combines forces to exponentially boost their innovation capabilities. With the acquisition of Biogold, Sun World intends to significantly increase their genetics offering to their 2,700+ licenses, with an emphasis on citrus, mangoes, and avocados. Biogold’s extensive citrus range is an exponential value-add to Sun World’s global…

Strategic joint venture aims to fast track development and De-Risk Scale-Up Primient, a leader in plant-based, renewable ingredients, and Synonym, a biomanufacturing infrastructure developer, have entered a strategic partnership to accelerate bioproduct innovation and commercialization, furthering the U.S.’ competitive advantage in the race to bring new, functional and affordable biomaterials to market. Primient and Synonym will begin work on their first project based at Primient’s Decatur, IL facility. The initial scope of work will focus on re-commissioning and upgrading existing fermentation assets at the site, as well as expanding current capacity and significantly expanding the downstream processing unit. Once completed,…

Signs MoU to make potatoes as a source of carbohydrate and an alternative to rice, Philippines Department of Agriculture (DA) signed a the Memorandum of Agreement (MOA) with Universal Robina Corporation (URC) on July 29, 2024 to harness the potential of potatoes as a source of carbohydrate and an alternative to rice, making it a valuable crop for addressing food needs of the Filipinos. “I am very hopeful that this will continue, because we need an alternative to rice, and potato is one of the best solutions available to us today. There are many things you can do with potatoes,…

Researchers uncover the crucial role of OpgD enzyme in enhancing Xanthomonas pathogenicity Plant diseases pose significant challenges to agricultural productivity, presenting formidable hurdles that require urgent attention. Left unchecked, these diseases can spread rapidly, inflicting widespread damage on crops and leading to reduced yields and substantial economic losses. Therefore, accurately identifying the pathogens responsible for these diseases is crucial. This identification allows for targeted interventions that minimize risks and effectively mitigate the agricultural impacts. Xanthomonas species are notorious plant pathogens that affect a broad spectrum of hosts, including key crops like rice, wheat, and tomatoes. These pathogens augment their pathogenicity by…

China continued to be the largest export market for Vietnamese fruits and vegetables Vietnam’s fruit and vegetable exports reached $477 million in July, an increase of 18% over the same period last year, reports Vietnamese Investment and Trade Promotion Center. A strong demand from export markets led to this increase in export turnover, according to experts. Increased exports of durians, dragon fruits, and bananas contributed to the increase in export value. A high growth rate was recorded by Vietnam’s fruit and vegetable exports to major markets. In particular, China continued to be the largest export market for Vietnamese fruits and…