General Atlantic Invests in Indonesian Dairy Company
US private equity firm General Atlantic has invested USD 130 million in PT Cisarua Mountain Dairy Tbk, an Indonesian dairy and food products company. Cimory has been in business for over 20 years and has become one of the leading dairy and food product brands in...
Vietnam Targets USD 34 Billion in Agricultural Investment by 2030
The government of Vietnam recently announced targets for foreign investment in agriculture to double to USD 34 billion by 2030. The country’s agricultural sector has grown by around 3% each year from 2010 to 2020, and today Vietnam’s rice exports account...
Philippine’s Metro Pacific and Israel’s LR Group to Build Integrated Dairy Farm in Laguna Province
Metro Pacific Investments Corporation (MPIC), a Philippine conglomerate that recently entered the dairy industry in early 2022, has announced its further expansion by partnering with the LR Group of Israel. The LR Group and MPIC’s Metro Pacific Agro-Ventures...