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Indonesia now country with world’s highest deforestation rate

Indonesia has double the deforestation rate in Brazil and has become the largest destroyer of forests housing some of the world’s most endangered species according to a report recently published in the...

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Vietnam plans industrial zone in Myanmar

Vietnam has expressed interest in a setting up of industrial zone focused on the manufacturing of basic wood products and gems and jewelry, according to a bilateral meeting. Vietnamese firms intend to...

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Thailand to reclaim top rice exporter spot after poor Indian season

Thailand is set to reclaim its status as the world’s top rice exporter as weak monsoon rains curb India’s crop, helping the Southeast Asian country’s new military government offload bulging stockpiles....

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Itochu in $1 billion tie-up with Thailand’s CP group

Japan’s trading conglomerate Itochu Corp entered into a $1 billion tie-up with Thai billionaire Dhanin Chearavanont’s Charoen Pokphand Group (CP) to target rising demand for meat and livestock products...

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Thai economy struggles as manufacturing output declines

Thailand’s economy continued to struggle in the second quarter of 2014 amid declining growth and manufacturing activity – underscoring concerns over the junta’s ability to revive consumption and...

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Philippines to spend nearly $4 billion on rebuilding after typhoon Haiyan

The Philippine government plans to spend nearly $4 billion to rehabilitate areas devastated by super typhoon Haiyan last year, a senior adviser to President Benigno Aquino said on August 1. Haiyan...

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Mergers & acquisitions wave set to hit Vietnam, say analysts

An ambitious plan to privatise more than 400 of Vietnam’s state-owned enterprises (SOEs) by the end of next year will fuel a new wave of mergers and acquisitions (M&A) in the country, analysts say....

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Philippines ‘must improve food production standards’

With increasing demand, both global and regional, for agricultural products, safety in food production is one of the most urgent issues that the Philippines has to face to meet expectations in time for...

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What’s next for Laos after joining the WTO?

Earlier this year Laos celebrated the first anniversary of its World Trade Organisation (WTO) membership. Laos’ accession to the WTO has been less talked about than that of its neighbours China and...

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Vietnam seafood exports surge 25% in first 7 months

In the first seven months of 2014, Vietnam exported 24.5 per cent more seafood than the in the previous year. Seafood exports to the world market totaled $4.2 billion, reports the Daily Times, citing a...

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Papua New Guinea seeks more trade with the Philippines

Papua New Guinea (PNG) plans to expand its trade and investment links with the Philippines. Citing a letter to Trade Secretary Gregory Domingo, the Philippine Exporters Confederation, Inc. said PNG’s...

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Laos launches plan to stem illegal logging after revenue drop

Authorities in Laos have launched a pilot programme to track the source of timber from sawmills and wood-processing plants after Lao Prime Minister Thongsing Thammavong disclosed that illegal logging...

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Singapore signs investment treaties with Burkina Faso, Ivory Coast

Trade ties between Singapore and Africa are growing. Singapore entered into a Bilateral Investment Treaty (BIT) with two African nations, Burkina Faso and Ivory Coast, at the 3rd Africa Singapore...

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Brunei collaborates with Malaysia and IDB to boost rice production

Brunei’s Ministry of Industry and Primary Resources (MIPR) is collaborating with the Malaysian government and the Islamic Development Bank (IDB) under a $6 million project to increase rice production...

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Philippines’ Aboitiz group expanding in ASEAN food sector

The food subsidiary of Philippines industry conglomerate Aboitiz group is looking to diversify and expand across the region with the potential acquisition of overseas flour mills and food companies....

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High cost to pull down Thailand’s rice exports in next decade: Study

Thailand’s share in the international rice market will drop further in the next 10 years if the plantation system is not altered to lower the production cost, said an academic of the University of Thai...

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Myanmar to expand private investment in forest plantations

Myanmar is inviting foreign and domestic companies to invest in forest plantations on more than 100,000 hectares of government land, state media reported on October 11. The Forestry and Conservation...

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Malaysia plans rubber roads as prices struggle

Malaysia plans to build rubberised roads from 2015 in a bid to boost domestic consumption and shore up battered prices of rubber, after a price-floor plan by major producing nations proved tough to...

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Thailand’s GDP growth forecast cut to 1%

Thailand’s National Economic and Social Development Board (NESDB) says economic growth in 2014 will be a mere one percentage point against 2.9 per cent last year. In its report on economic outlook...

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Japan’s halal food funds meet strong investor interest

Japan, a country that is currently pursuing a foray into the global halal industry, is experiencing strong interest for the country’s first-ever halal fund, launched last year with the aim of providing...

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