MANILA, Philippines — Food conglomerate Del Monte Pacific Ltd. has obtained approval in-principle from Singapore Exchange Ltd. to pursue the acquisition of the consumer food business of privately held American corporation Del Monte Foods.   In a disclosure to the Philippine Stock Exchange on Thursday, DMPL said the approval-in-principle grantedContinue Reading

The total area of papaya reduced by 16.1% in 2013 against the previous year, totaling 14,100 acres, continues to decrease year by year. According to employees of the Centre for Advanced Studies in Applied Economics (Cepea), high production costs, mainly labor, have discouraged investments in the last year. Another factor was theContinue Reading

MASHAV, the Israeli Agency of International Development Cooperation, in cooperation with the German GIZ and the Ministry of Food and Agriculture (MoFA) will be training citrus farmers and technical officers of MoFA from the Eastern and Ashanti regions to upgrade their knowledge and enhance their capacity in citrus production.  Continue Reading

In a bid to meet rising domestic demand, the government will more than double the import volume of fruit and vegetables in 2014 from last year. Trade Ministry director-general for foreign trade Bachrul Chairi confirmed that the government would allow the import of 17 horticulture products, including apples, mangoes, oranges,Continue Reading