HDC to Expand Overseas to Boost Halal Industry

HDC to Expand Overseas to Boost Halal Industry

The Halal Development Corporation (HDC), Malaysia’s federal government halal promotion agency, plans to expand its operations in the next five years to Japan, Korea, Taiwan, and China. The East Asian countries were identified as HDC’s potential markets due to the high...
Indonesia to Develop New Plantations in Borneo

Indonesia to Develop New Plantations in Borneo

The Indonesian government plans to expand a national “food estate” program centered in Borneo, by establishing millions of hectares of new crop plantations. The program’s aim is to help secure domestic food supplies and decrease Indonesia’s reliance on food...
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...