Germany funds US$22m initiative to boost agriculture sectors’ role in addressing climate change

GERMANY – Germany has launched a new €20m (US$22.3m) programme co-led by FAO and the United Nations Development Programme (UNDP) aimed at accelerating climate change action in developing countries’ agricultural and land use sectors. The […]

Circulate Capital launches US$106m fund to address Asia’s ocean plastic crisis

ASIA – Singapore-based venture capital firm Circulate Capital, with founding investors and partners PepsiCo, Procter & Gamble, Dow, Danone, Unilever, The Coca-Cola Company has launched the US$106 million Circulate Capital Ocean Fund. The fund, touted […]

Asia requires an additional US$800bn investment to achieve food security, new report says

ASIA – To grow Asia’s food and agricultural industry into a sustainable size and ensure the region reaches a point where it can feed itself, an additional US$800 billion investment is required in the region. […]

IRRI develops sustainable agricultural technologies to bolster production in Asia

ASIA – The International Rice Research Institute (IRRI) and the Asian Development Bank (ADB) are pursuing ways to increase investment for sustainable agricultural technologies. IRRI and ADB have completed a technical assistance project to help […]

FAO and the Shanghai Cooperation strengthen partnership on food security

ASIA – The United Nations Food and Agriculture Organisation (FAO) and the Shanghai Cooperation Organisation have agreed to boost joint efforts aimed at strengthening food security and sustainable development. The organisations recently signed a Memorandum […]

Private equity firms to invest US$785m in Asia’s food and beverage industry

ASIA – Global private equity firms have launched a series of funds that will see the companies invest upto US$785 million in the food and beverage industry across various markets in Asia. Bahrain-based alternative asset […]

Sacco and Jebsen & Jessen Ingredients form distribution partnership in Asia

ASIA – Sacco S.r.l Cadorago, an Italian biotech company have announced a new partnership with Jebsen & Jessen Ingredients to expand its dairy products presence in South East Asia. The agreement will see Sacco’s dairy […]

AB InBev Asian business resumes plans of Hong Kong listing

ASIA – World’s largest brewer, Anheuser-Busch InBev has resumed plans of listing its Asia Pacific business in Hong Kong, two months after back tracking from the planned initial public offering (IPO). AB InBeV now says […]

Barry Callebaut expands in Indonesia with second chocolate plant

INDONESIA – Switzerland-based chocholate and cocoa products producer, Barry Callebaut has inaugurated its second chocolate manufacturing plant in Rancaekek, Indonesia. The new factory follows Barry Callebaut’s “plant in plant” concept, where the Group integrates new […]

Carlsberg reports strong first half boosted by Asia, premium beers sales

DENMARK – Global brewing company, Carlsberg has reported strong first-half results, with solid profit improvement of 17.7% boosted by premium beer and sales in the Asian market. The Tuborg and Holsten owner reported a 6.5% […]