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
China has donated 5,400 metric tonnes of rice worth more than US$8mn to Zimbabwe to help alleviate food shortages in the African country
According to experts, higher output will add pressure on local prices, which is at the lowest level for four and a half years. (Image source: Maria Kaloudi/sxc.hu)
India’s sugar production has recorded an increase in the output to 19.4mn tonnes in February 2015 from 455 sugar mills, compared to 17.04mn tonnes produced until the same period last year
The Philippines’ San Miguel Pure Foods is looking to seal its purchase of firms in Vietnam and Indonesia engaged in the meat processing business this year as it seeks to bolster its operations abroad
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
