Philippines

Cambodia holds land deal talks

Cambodia is in talks with several Asian and Middle Eastern governments to receive as much as $3bn in agricultural investment in return for millions of hectares in land concessions, according to a senior government official.

Welcome fades for wealthy nations

The initial welcome given to rich countries’ investment in African farmland by agricultural and development officials has faded as the first ventures prove to be heavily weighted in favour of the investors. The FAO warned of such a trend when it said this year that the race to secure farmland overseas risked creating a “neo-colonial” system.

Philippines keen on UAE investments

Margarito B. Teves, Finance Secretary of the Philippines, spoke to Gulf News about the potential for joint investment initiatives between the UAE and the Philippines. "The UAE can count on the Philippines as a reliable supplier of food products permissible under Sharia."

RP-China Farm Deals And Local Agriculture: Feast Or Famine?

China is looking at the Philippines to meet its domestic food and energy requirements even as the Chinese economy is being restructured into an enormous assembly hub of manufactured goods for the American, Japanese and European markets.

Saudi Arabia: Buying food security with petrodollars

The Arabian Peninsula is currently flooded with petrodollars, giving the Gulf Arabs a wide array of investment options abroad. But while these countries are winners in the oil market, they are losers in the food market. As a result, the Gulf Arabs - with Saudi Arabia at the fore - are pursuing a strategy to buy their food security through overseas agribusiness investment.