PHILMech Starts Bidding of Farm Machines Valued at PHP 3 Billion

PHILMech Starts Bidding of Farm Machines Valued at PHP 3 Billion

The Philippine Center for Postharvest Development and Mechanization (PHilMech) announced that it is in the process of bidding and acquiring farm machines worth PHP 3 billion (USD 61.9 million) under the Rice Competitiveness Enhancement Fund (RCEF) which collects...
Singapore Food Agency to Develop High-Tech Agri-Food Cluster

Singapore Food Agency to Develop High-Tech Agri-Food Cluster

To ramp up local food production, the Singapore Food Agency (SFA) announced that the Lim Chu Kang area, a largely undeveloped area in north-west Singapore, will be developed into a high-tech, highly productive, and resource-efficient agri-food cluster. The master...
Thai E-Commerce Logistics Firm Raises USD 200 Million

Thai E-Commerce Logistics Firm Raises USD 200 Million

Thailand-based full-service e-commerce logistics provider Flash Express announced that it has completed a Series D funding round of USD 200 million, led by PTT Oil and Retail Business Public Company Limited with participation from Durbell and Krungsri Finnovate. Flash...
Mondelez to Grow its Biscuit Business in the Philippines

Mondelez to Grow its Biscuit Business in the Philippines

Mondelez Philippines announced that it is expanding its snack products portfolio by entering the fast-growing and high-penetration cracker segment of the biscuits category in the Philippines. Traditionally, Mondelez Philippines’ growth has been led by the Powdered...
Vinamilk Investing in Hi-Tech Dairy Farms in Laos

Vinamilk Investing in Hi-Tech Dairy Farms in Laos

Vietnamese dairy giant Vinamilk has announced plans to increase its investment in Lao-Jagro, its Laotian subsidiary, by USD 41 million. The funds will be used to complete a hi-tech organic dairy farm in the northern province of Xiangkhouang with 4,000 cows and also...