Malaysias Far East Holdings Berhad reported a drop in quarterly net profit due to higher costs
Agriculture
Malaysian government looking to nearly double urban farming communities

Malaysia is looking to grow the number of urban farming communities to 20,000 by2020. (Image source: kenneth ng/Flickr)
The Malaysian government is looking to nearly double its urban farming communities by 2020 in an effort to improve food security and ease living costs in the country
China’s Alibaba Group and Thailand boost agri-trade between the countries

The partnership will see export of Thailand’s agri-products tom China. (Image source: alain01789/Flickr)
Thailand and Chinese multinational Alibaba entered into a strategic partnership to drive the development of Thailands digital economy and the Eastern Economic Corridor under the Thailand 4.0 policy, as well as developing smart tourism and Thai agricultural exports to China
Myanmar ready to implement crop insurance scheme for paddy farmers
Myanmar has approved a crop insurance scheme for smallholder farmers to assist them in facing agricultural challenges and fighting uncertainties
Better Life Farming to unlock potential of smallholder farmers in developing countries

The alliance aims to help ensure more safe, nutritious and affordable food for the growing world population. (Image source: World Bank Photo Collection/Flickr)
Bayer, International Finance Corporation (IFC), Netafim and Swiss Re Corporate Solutions have launched a global alliance, Better Life Farming, to help smallholder farmers in the developing world in growing their farms into sustainable businesses