SHAH ALAM: Sirim Bhd is working towards increasing jackfruit exports globally by commercialising the fruit as a meat substitute. President and chief executive officer Datuk Dr Ahmad Sabirin Arshad said that based on demand from Europe, the fruit had been accepted as an alternative to meat by people on a vegetarian diet. “As part of…
Jackfruit or Artocarpus heterophyllus, the spiky, green, bulky fruit is a common sight in the backyard of almost every household on the south coast of India. When ripe and cut open, its yellow, fleshy and stringy interior wafts a very intense tropical smell. Besides being unique in their look and smell, they are also known…
By Anna J. ParkLocal Korean private equity companies are increasing their investment in Southeast Asia venture capital businesses, as they see further growth potential in the region.Vietnam, in particular, is one of their favored areas. Korea-headquartered STIC Investments recently decided to participate in the Series E round investment for Tiki, one of Vietnam’s largest e-commerce…
Cambodia is on course to be the next Asian Tiger, and that is good news for America. Ford Motors recently announced that it is building a $21 million assembly plant in the Pursat province of Cambodia. And the recent virtual business summit showcased the ease of doing business in Cambodia experienced by U.S. companies in…
BANGKOK: Bangkok will reopen to international tourists on Oct 15 when at least 70 per cent of its residents are expected to have been fully vaccinated. The decision came after a discussion between Tourism and Sports Minister Pipat Ratchakitprakan and Bangkok Governor Aswin Kwanmuang on Wednesday (Sep 15). “Our mutual decision is that we want…
Through a period of economic volatility, investment trusts have proven their attraction to investors. Investment trusts are reaping the rewards from interest in alternative assets, ESG and EM. They have out-performed alternative options such as open-ended funds over recent years, and their structural strength has been clearly demonstrated in the face of Covid-19. Indeed, investment…
A floating solar power farm covering an area of 45ha was unveiled in Singapore on July 14, becoming one of the largest of its kind in the world. With 122,000 panels on Tengeh Reservoir, this is the city-state’s most ambitious project, built by the energy and urban development company Sembcorp Industries with support from the…
The government has decided to relocate the venue for the ASEAN Tourism Forum 2022 (ATF 2022), which was originally scheduled to take place in Phnom Penh on January 16-22, to Sihanoukville, according to a letter from the Council of Ministers. The letter, signed by the Council’s permanent secretary of state Hing Thoraksy on July 8,…
SET-listed Gunkul Engineering, a renewable energy developer and builder, is allocating capital spending worth almost 2 billion baht to develop a new cannabis plantation and cannabis oil production facility over the next two years. “We want to take advantage of the state’s policy that delists marijuana and hemp from the narcotics category to earn extra…
Quarantine requirements will be waived for vaccinated foreign visitors arriving on the resort island of Phuket from July 1, the first destination to reopen since the Covid-19 pandemic struck last year. The Centre for Economic Situation Administration, chaired by Prime Minister Prayut Chan-o- cha, on Friday approved the proposal by Phuket’s private sector and business…
Gunkul Engineering Plc, a key renewable energy developer and construction company, is diversifying into cannabis development and hemp-based products by turning some of its wind farms into cultivation and production facilities. The company wants to take advantage of the state policy that delists marijuana and hemp from the narcotics category to earn extra revenue as…
