Malaysia’s crude palm oil prices fell to their lowest in nearly six weeks after the country announced that taxes will be reimposed on exports of the vegetable oil starting April 2015
Agriculture
Myanmar’s agriculture sector gets foreign investment worth US$928mn
As many as 65 foreign companies will invest capital into agricultural sector of Myanmar. (Image source: Paul Arps/Flickr)
Myanmar has received US$928mn in foreign aid to support 16 agricultural projects in the country
Vietnam and Thailand secure contracts to supply rice to Philippines
Existing bilateral rice agreements allow the Philippines to import stocks from Thailand, Vietnam and Cambodia through government-to-government procurement mode. (Image source: Jim Waldron/sxc.hu)
Vietnam and Thailand have won contracts to supply a total of 500,000 metric tonnes of rice to boost the Philippines’ buffer stock for this year’s lean months that starts in July, Vietnam’s National Food Authority (NFA) has announced
Agricultural employment in Indian records sharp increase
India has been taking steps to create rural infrastructure and to ensure timely delivery of credit and other inputs. (Image source: Arun Kumar/Flickr)
India has recorded an increase in agriculture employment from 234.1mn workers in 2001 to 263.1mn workers in 2011, revealed the Indian population census 2011
Philippines to import 500,000 tonnes of rice from Thailand and Vietnam
According to the USDA, the Philippines may import 1.6mn tonnes of rice in 2015. (Image source: Paul Suesskind/Flickr)
The Philippines will sign deals with Thailand and Vietnam to import 500,000 tonnes of rice as the country looks to boost buffer stock ahead of the lean harvest season
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