Myanmar

Gulf states covet Asian farms

Once committed largely to perceived safe-haven investments in the United States, Gulf nations are now looking to send their petrodollar surpluses towards a more exotic global destination: Southeast Asian farmland.

Qatar, Vietnam set up US$1b fund, eye agriculture, paper

8Natural gas exporter Qatar and Vietnam have set up a US$1 billion fund to invest in sectors including agriculture. Sovereign wealth fund Qatar Investment Authority will provide 90% of the fund's equity, Gulf Times reported, citing Phung The Long, Vietnam's Ambassador to Doha. "We have exchange ideas about setting up an animal farm for breeding cattle and lambs," The Long said.

Govt, India Inc plan to farm land abroad

Contributing their bit to the global Indian takeover, the government and India Inc plan to buy sizeable land abroad for cultivation. Seen as a long-term answer to keep prices of farm products under control, the grand plan envisages acquisition of large tracts of land in neighbouring countries like Myanmar and far off places like Paraguay.

Several agreements signed on PM's Asian tour

In Cambodia, Laos and Myanmar, His Highness the Prime Minister od Kuwait’s visit was of great importance given the promising financial investment opportunities in those nations. One of the main topics discussed was food imports from these countries as a means for securing food supply, facilitating a Kuwaiti energy supply to them, as well as cooperation in oil exploration and the agricultural field.

China Farms Abroad

As other countries have pushed their industrial bases thousands of miles offshore in search of resources and labor, China is doing the same thing with agriculture, expanding as far away as Africa in its effort to feed its people.

China farms the world to feed a ravenous economy

As Beijing scrambles to feed its galloping economy, it has already scoured the world for mining and logging concessions. Now it is turning to crops to feed its people and industries. Chinese enterprises are snapping up vast tracts of land abroad and forging contract farming deals.

Seedlings of evil growing in Myanmar

A military-driven Chinese hybrid rice-for-opium crop-substitution program in the northern part of Myanmar's Shan state has resulted in four consecutive years of poor harvests and driven many ethnic-minority farmers into heavy debt or out of rice farming altogether.