The US Agency for International Development (USAID) will invest US$15m in a five year program, AMARTA II, in a bid to drive production of Indonesia’s high value commodities; cocoa, coffee and horticultural crops.
Swiss flavour and fragrance giant, Firmenich, will be able to better serve Southeast Asia’s market as it will be closer to clients and consumers with its new flavour production facility in Indonesia, according to the company.
India is engaging in rice diplomacy with Indonesia to whom it is willing to sell 500,000 tonnes of rice, but also wants the latter to cut its export tax on crude palm oil which is hurting Indian refineries.
Vietnam looks set to become one of Asia's primary cocoa producers,
with the government pledging to invest 40 billion
dong (€1.8m) in the country's burgeoning cocoa trade, according to
local news reports.
In Indonesia Nestlé and Coca Cola have announced the creation of a 50:50 joint venture, Water Partners Bottling (WPB). The new business is being used as a platform to acquire a 65 per cent share of PT AdeS Alfindo Putrasetia (AAPS), the number two player...
A recent report from the Lund University in Sweden on the ongoing
invasion of the golden apple snail in southeast Asia claims that it
is now having a devastating ecological effect, something that will
continue to seriously farming...