Tropical Bio-actives

LISTED CANNABIS COMPANIES

Posted on
Canopy Growth Corporation is the biggest cannabis company by market value

We have arranged the listed cannabis companies by market capitalization in CA$ million.

  Companies Market value Website
1 Canopy Growth Corporation 20,900 Canopygrowth.com
2 Aurora Cannabis Inc. 10,590 Auroramj.com
3 Tilray Inc. 8,376 Tilray.com
4 Cronos  Inc. 5,210 Thecronosgrouo.com
5 Green Thumb Industries 1,250 Gtigrows.com
6 Organigram Holdings Inc. 1,240 Organigram.ca
7 Cann Trust Holdings Inc. 1,175 Canntrust.ca
8 iAnthus Capital Holdings Inc. 915 ianthuscapital.com
9 Aphria Inc. 767 Aphria.ca
10 KushCo Holdings.inc 659 Kushco.com
11 Acreage Holdings Inc. 618 Acreageholdings.com
12 Emerald Health Therapeutic 516 Emeraldhealth.ca
13 Medmen Enterprise Inc. 471 Medmen.com
14 Cannex Capital Holdings Inc. 320 Cannexcapital.com
15 VIVO Cannabis Inc. 298 Vivocannabis.com
16 Valens Groworks Corporation 252 Valensgroworks.com
17 Namaste Technologies 233 Namastechnologies.com
18 48North Cannabis Corporation 188 48nrth.com
19 Sunniva Inc. 183 Sunniva.com
20 C21 Investment Inc. 104 cxxi.com
21 Marijuana Company of America 40 Marijuanaofamerica.com
22 Cannabis Growth Company Corporation 32 Cgocorp.com

The biggest listed cannabis company is Canopy Growth Corporation with a market value of CA$20,900 million, based on its share price on 8th, March 2019. The listed cannabis companies are mainly headquartered in Canada. It is interesting to note that several of these cannabis companies are located in small towns like Delta in British Columbia. Thus, the smaller Canadian cities have benefited from the cannabis industry.

Please note the list of companies is not an investment recommendation. Readers should consult their investment advisers before investing in these companies.   

Tropical Bio-actives

The next US$1 trillion company will be from the cannabis industry

Posted on
Medicinal cannabis product

The other day, we were discussing with a friend, an old hand in investing in emerging companies in Silicon Valley and Asia, about what is the next hot companies to invest. He confidently said marijuana companies.

Yesterday, an article by Rob Davis in The Guardian noted big investment managers are betting on a marijuana boom.

It is reported that the European cannabis market will be worth Euro 123 billion by 2028 according to analysis from Prohibition Partners. Several forecasting companies projected that the world would witness the birth of an industry which could be worth from US$500 billion to US$1 trillion.

Rob Davis writes, as hallucinatory as that sounds, there is no denying that legal weed, particularly for medicinal purposes, ended last year as one of the hottest investment prospects. A number of established stockbrokers have been pumping out research on the industry. As of the beginning of 2018, there were already a dozen cannabis companies with a stock market value of more than US$1 billion. They include emerging household names as well as secretive companies.

The largest company, Canada’s Canopy Growth announced a partnership with the famous American TV chef Martha Stewart to promote CBD (cannabidiol) , a medicinal component of cannabis as opposed to the THC (tetrahydrocannabinol) component known for getting people high. The involvement of Martha Stewart indicates that cannabis products are entering the American households. The CBD and THC are natural compounds found in cannabis plant.

Cigarette companies are also entering the cannabis product markets to spur their new growth. Altria, the cigarette company behind Marlboro brand, paid US$1.8 billion for 45 per cent of Canopy’s Canadian competitor Cronos in December 2018. The beer company ABInBev, owner of Budweiser brand, has invested US$50 million in a joint venture with the cannabis company Tilray to conduct research in weed-infused beverages.

Today, the biggest cannabis companies are based in Canada. These include Canopy, Cronos and Aurora. This is because Canada had allowed recreational use of cannabis since 2008, 17 years after medicinal use. They are well placed to capitalize on the relaxation of the law in the US, particularly via the 2018 farm bill, which did away with one of the major roadblocks- a long-standing federal prohibition on hemp cultivation.

Growers in other countries are also riding the cannabis investment wave. An example is Alexandra Chong, chief executive of Jacana, a medicinal cannabis company with a farm in Jamaica. She raised capital for her farm from venture capital companies.

She said that the industry’s growth potential was rooted in very simple economics. There is far more demand for cannabis and its derivative products, particularly for medicinal use, than there is supply. “Black market” cannabis cannot enter the medicinal market as the latter has a tracking system from seed to sale and the regulation on the industry right now is very tight. Restrictive legal frameworks in existing markets such as Canada and the US are one reason why supply is lagging behind demand.

“Patients are in need of this product and there is supply shortage, “ said Chong. There are 48 countries that have legalized medicinal cannabis and we a very long way away from being able to fill the demand. Legalization is happening very quickly and production cannot keep up.”

Tropical Jamaica has an advantage for growing cannabis

Chong said Jacana was at an advantage because growers in Canada’s icy climate had to find and pay for indoor spaces to grow their product, using facilities that look like “prisons in the snow”. Jacana’s 100,000 kg-a –year capacity is in the sun shine that rivals and even eclipses farms that were owned by Canadian billion-dollar companies. Jacana’ s products have the advantage of Jamaican provenance too, something Chong believes gives it a branding advantage akin to that enjoyed by champagne in France. Thanks you Bob Marley with No Woman No Cry.

Jamaica would have economic boom thanks to Bob Marley

Another large market is developing in the UK. Legalization of medicinal marijuana in the UK took effect in December 2018, long after many of the world’s most developed countries had already taken the plunge. Many UK companies are racing to enter the industry.

Listed companies in the cannabis sector

The next article will cover the listed cannabis companies in the US and Canada. My son, who is a trader for US and Canadian stocks for a Malaysian bank noted that there were high interests on these listed cannabis companies when the drink giant Coca Cola announced that it would introduce cola beverages infused with cannabis.    

Very few people will bet against us that the next company with a market capitalization of US$ 1.0 trillion will be a cannabis company.

Interlude

The beauty of Perlis, the small northern state of Malaysia

Posted on

We had a short trip to Perlis last weekend. During this period, the mango trees, named sweet and fragrant mango (harum manis in Malay) are flowering profusely now. The sweet and fragrant mango fruits will be ready to be plucked by May, 2019. Be sure to visit Perlis during that time.

The big flower of mango of Perlis

Perlis shares its border with Thailand. The border town of Padang Besar is popular with locals to buy various types of Thai’s fruits, other products and clothes at reasonable .

The border town of Padang Besar. Thailand is in the distance
Bougainvillea in Perlis as well

Also enjoy the beauty of my wife’s orchids flowering side by side.

Guest Contributor

Nasi dagang: “Trader’s dish” of Terengganu

Posted on

The simple but delicious nasi dagang

Nasi dagang, “trader’s dish” is a dish of rice and curry. Ubiquitous in the east coast of Peninsular Malaysia, it is a popular meal for breakfast as “nasi lemak” is in the west coast. It can even be found in the Southern Thai provinces of Narathiwat, Yala and Pattani. Nasi dagang or “trader’s rice” in Malay could have originated from the dish concocted by the early traders for their packed provision while plying their trades at the time, hence the name of the dish that has stuck until today.

An indigenous dish of the region, it makes use of abundant natural resources readily available – rice, herbs and spices from the land and ikan tongkol (tuna fish) from the sea for the curry. Unique to the east coast, nasi dagang has two main versions, Nasi dagang Kelantan and Nasi dagang Terengganu. The Nasi Dagang Kekantan is made from long grain reddish brown rice.The Terengganu version of nasi dagang is a mixture of white fragrant rice and white glutinous rice. Visually, Nasi dagang Kelantan is generally reddish brown while Nasi dagang Terengganu is generally white and glossy. As for its accompanying curry, the Kelantan version uses normal curry powder while nasi dagang Terengganu uses specially concocted herbs and species

About Nasi Dagang Terengganu

In Terengganu, nasi dagang is considered its traditional rice specialty. Simple, delicious, and wholesome are among the common descriptions given to this food. True that it is a very simple dish consisting of just rice, fish curry, pickles and chilly sauce.  And yet it can be very gastronomically fulfilling – a complete meal by itself that has most of the nutritional value that matters. Visually appealing to some due to the white glossy color of the rice, it is also a versatile dish for any meal of the day, be it breakfast, lunch or dinner. And it is fitting enough for those special occasions like hari raya, thanksgivings and similar events. It is available from various outlets and settings – posh hotels, restaurants & eating shops, hawkers, kiosks, and even night markets

At its most basic, the nasi dagang Terengganu comprises of a rice dish with a side dish of ikan tongkol (tuna fish) curry and mixed pickles of cucumber, carrots and onions together with chilly sauce. Hard boiled eggs whether separate or put together into the curry with the fish can be an added option. If preferable, the tuna fish can be substituted with mackerel or other types of fish. The dish is prepared by steaming a mixture of fragrant rice and glutinous rice infused with coconut milk over low heat. The result is a white glossy rice dish that is both fragrant and creamy. Preparation of the dish will take 8 hours as the rice need to be soaked overnight (or at leas 8 hours) while the cooking itself will take about 2 hours.

The nasi dagang Terengganu has not been commercialised. Hardly any cafes or restaurants promote this delicacy in Kuala Lumpur lamented a writer in a column of an online news portal recently. That aptly describes the sad truth concerning this delicacy outside its state of origin, Terengganu. It has the potential to expand its market reach, not just confined to Terengganu but there are no takers.

Well, that is about to change as a company owned by the state of Terengganu has ventured into the making of Terengganu traditional foods. And the company has produced a line of frozen foods that includes nasi dagang Terengganu. The frozen foods in packs form are not just for the domestic market but for the overseas markets as well. The company’s frozen nasi dagang Terengganu in packets are currently available in several selected T Mart convenient stores and Shell petrol stations in the Klang Valley and other parts of the country.

Frozen nasi dagang

For the overseas markets, a trial shipment of 20,000 packs of nasi dagang Terengganu and keropok lekor Terengganu (fish sausage) made recently to the British capital was reported to be well received. The news report also said that the foods are marketed by a UK fast food chain Chicken Cottage, which is also owned by the state of Terengganu. The frozen packs of keropok lekor and nasi dagang Terengganu are available in selected supermarkets selling frozen Asian foods.

Now that is certainly good news for all the diehard fans of nasi dagang Terengganu outside the state. Now, one can easily get this delicacy when that cravings start to act.

However, the frozen nasi dagang packs do not have the real taste of freshly prepared version. You have to be in Terengganu.

About the guest contributor:

Mr Ahmad Rozi Daud is a stingless bee farmer in Kuala Terenganu, Malaysia. He resides near Rantau Abang, Terengganu . He also provides training for those who are interested to be a stingless beekeeper or apiarist. Please contact us at 6016 3220 952 for assessment of suitability of your location for stingless bee farming.

Plant-Based Meat

The Plant-Based Meat Market Part II

Posted on

The US Plant Based Food Association (PBFA) reported growing consumer interest in vegan alternatives to traditional foods. Plant-based meat had reached sales of US$670 million in 2017, showing that plant-based food industry has gone from a relatively niche market to fully mainstream.

PBFA also adds that plant-based meat and dairy alternatives are not just for vegetarians or vegans anymore; now even mainstream consumers are enjoying delicious plant-based foods.

In the UK, sales of meat alternatives are also gaining acceptance. Major supermarkets like Tesco and Sainbury’s are offering a wider range of vegan products.

A website, www.plantbasednews.org, predicted that the global meat alternative market is set to grow over the coming years, with a market forecast predicting it will reach US$6.3 billion by 2023. It is currently valued at US$4.63 billion.

The report puts the growth down to the “increased preference for vegetarians and vegan foods” as well as changing trends toward healthy diet.

Vegetarianism by country

A posting on Wikipedia lists countries with large population of vegetarians. Some countries have strong or cultural or religious traditions that promote vegetarianism, such as in India, while in other countries secular ethical concerns dominate, including animal rights and environmental protection along with health concerns. In many countries, food labeling laws have made it easier for vegetarians to identify foods which are compatible with their diets. . A study from 2010 by ESPRI, www.espri.ie/pubs/WP340.pdf, estimated that there are 1.45 billion vegetarians of necessity and another 75 million of choice. They represent approximately 22 per cent of the world’s population. The table shows the number of vegetarians in selected countries.

Country Approximate number of individuals
India 375,000,000 to 500,000,000
China 54,428,000 to 68,035,000
Brazil 29,260,000
Japan 18,370,000
Mexico 23,370,000
US 12,646,000 to 20,233,000
Germany 8,000,000
Russia 4,380,000 to 5,480,000
Italy 4,246,000
UK 3,250,000
France 3,300,000
Taiwan 3,297,011
Poland 3,072,000
Thailand 2,300,000
Israel 1,046,000
Switzerland 1,176,156
Sweden 969,000

Source: Wikipedia

Malaysian vegetarian restaurant need improvement in taste

Last week we took the opportunity to sample vegetarian dishes at a restaurant in Johor Bahru, the capital of Malaysia’s southern state, Johor. We glanced through the menu and settled for a mushroom steak, together with a bowl of rice and mashed potato. When the food came, it was not visually appetising. The mushroom steak was three pieces of fried battered mushroom, which was not tasteful at all.

The restaurant was well designed as a modern café as compared to the traditional vegetarian restaurants found throughout Malaysia. Nevertheless, there is a long way to go before Malaysian vegetarian restaurants can entice typical customers to taste vegetarian foods occasionally. In the meantime, we opt for fish burger in a McDonald.

In Malaysia, the mainly Muslim Malays are still devouring meat, such as beef and chicken. In a typical Malay function, such as wedding, meat alternative is yet being served. The beef “rendang” is always the main dish, supplemented by tomato chicken.

Still no plant-based meat alternative to beef rendang
Plant-Based Meat

Plant-Based Meat: From Niche to Mainstream Market Part 1

Posted on
Soybean is a main ingredient used to produce imitation meat

A good indicator whether a niche market has become mainstream is to look at the merger and acquisition activities. In the last few years, major food companies have acquired growing companies in the meat alternative sector. According to livekindly.com, in 2016, there were just four global plant-based acquisitions, whereas there were seventeen in 2017.Some notable acquisitions included Daiya Foods, which was bought by Otsuka, a Japanese pharmaceutical company for US$405 million. Nestle, the giant food company bought vegan food company, Sweet Earth Food so that they can continue to expand their healthy food range.

Other companies are considering to raise their capital by the capital market instead of selling to bigger companies. An example is Beyond Meat Inc, which was covered earlier.

The road of plant-based meat from a niche food to a large market can be observed from the case of Vegetarian Butcher, a Dutch company which was recently acquired by Unilever, the food giant. Its main challenge has been to produce meat products from plants that are both visually appetizing and tasteful.

Vegetarian Butcher  

The eight-year-old company was founded by Jaap Korteweg, and a business partner, Niko Kofferman, a Dutch Senator from the Party for the Animals, which champions animal rights and welfare. The company collaborated with scientists at Wageningan University , who had been working on substitutes for a long time.

Jaap Korteweg co-founded Vegetarian Butcher

Soybean is a major component of its many recipes. It also uses other bases. For example, a  “ filet American” is made from wheat. A Bloomberg report by Mark Ellwood on September 14th, 2018, reported that Vegetarian Butcher’s facility uses many machines familiar to traditional mat processing. In addition, the company is developing special machines for processing plant-based meat. Most of the meat substitutes are produced by cooking specific kinds of bean until its proteins are denatured. The resulting slurry is then passed through an extruder. As it emerges from the nozzle, this bean paste expands, resulting in a spongy mass that can then be flavoured. The challenge is texture: it is almost impossible using this method to evoke the muscle and fibre in a steak. The company has successfully developed a processing machine that can be programmed to mimic protein, be it fish, chicken or pork, up to 1,000 times more precisely than extrusion. There is no limit to the size of the resulting vegan steak-they can be printed by the foot.

The difference between vegan and vegetarian

According to Alina Petre of healthline.com, vegetarian diets have been reportedly around as early as 700 BC. Several types exist and individuals may practice them for a variety of reasons, including health, ethics, environmentalism and religion.

The most common types of vegetarian include:

  1. Lacto-ovo- vegetarians: Vegetarians who avoid all animal flesh and eggs but do consume dairy products and egg products.
  2. Lacto vegetarians: Vegetarians who avoid animal flesh and eggs, but do consume dairy products.
  3. Ovo vegetarians: Vegetarians who avoid all animal products except eggs.
  4. Vegan: Vegetarians who avoid all animal products and animal-derived products.

Those who do not eat meat or poultry but do consume fish are considered pescatarians, whereas part-time vegetarians are often referred to as flexitarians. Although sometimes considered vegetarians, pescatarians and flexitarians do eat animal flesh. Therefore, they do not technically fall under the definition of vegetarianism.

Note:

The next article will focus on market for plant-based meat. 

Guest Contributor

Will the giant leatherback turtle return to Rantau Abang, Terengganu, Malaysia?

Posted on

The Rantau Abang beach in the state of Terengganu, Malaysia , is one of the few places on earth that the giant leatherback turtles (leatherbacks) choose to come ashore to nest. Once, they helped put this normally quiet small village on the world map. Tourists, foreign and domestic as well as locals flocked by the thousands to this village to watch the leatherbacks come to nest and lay eggs on its beach between the months of March and October. It once had the largest nesting population in the world, hosting 10,000 nests per year.

Rautau Abang town is now a quite town

Leatherbacks’ Facts

The Leatherbacks (Dermochelys Coriacea or Penyu Belimbing to locals) are both the largest sea turtles and the oldest living reptiles. Leatherbacks can live to 50 years or more. Male leatherbacks can reach up to 2.6 metres in length and weigh 900 kg.

A leatherback is easily distinguishable by its leathery soft shell or carapace, and by its long front flippers. Seven ridges run down the length of its white spotted carapace. All other species of turtles have hard shells. Leatherbacks are found in all of the world’s oceans except the Arctic and the Antarctic. Females spend their entire lives at sea except to nest, while males never left the water.

Leatherbacks and other turtles play an important role in the marine ecosystem. They feed on jellyfish and help check its population. The leatherback’s extra-long esophagus is lined with spines to facilitate digestion of jellyfish.  Leatherbacks lay eggs on dry, sandy, tropical or subtropical beaches. They lay between two and six clutches of eggs in a single nesting season. Each clutch contains 65 to 180 eggs and is laid approximately every two weeks. Incubation takes about 60 days. As with other reptiles, the temperature during incubation will determine the sex of the turtles. For leatherbacks, temperatures above 29 degrees centigrade will result in female hatchlings. Hatchlings or baby leatherbacks are not cared for by the adults and are left to fend for themselves. The young ones that survive stay back in tropical waters until maturity. It takes 15 – 20 years for them to reach breeding age and become adults and then began their oceanic migratory journeys.

Adult leatherbacks prey on jellyfish and subsist almost entirely on them. They migrate thousands of miles in their lifetimes through ocean basins and high seas for the purpose. Migration occurs between the cold waters where mature leatherbacks feed, to the tropical and subtropical beaches in the regions where they hatch. These great swimmers complete their marathon journeys normally every 2 to 3 years to return to the same breeding grounds to nest. They can also dive much deeper than any other marine turtles. The deepest dive recorded was 1,230 meters

Odds Stacked Against Survival

Female leatherbacks lay hundreds of eggs each nesting season. Sadly however, very few of these hatchlings survive into their first year. They are very vulnerable to become prey to crabs, monitor lizards and birds while on their way out to sea, soon after hatching. In the shallow waters, many more hatchlings are eaten by fish. Only about 6% of these young leatherbacks survive their first year. Over the next 15 – 20 years more mortality among these young leatherbacks will reduce their survival rate further. And their chances of becoming adults and to regenerate will slide as well. Getting caught in trawling activities as well as succumbing to predators such as sharks are reasons for increase mortality among young and adult leatherbacks alike. Mistakenly consuming plastic bags floating in the seas and oceans as jellyfish is another contributing factor as well.

Why the Steep Drop in Nesting Numbers?

Globally, the leatherbacks are now classified as endangered while in Malaysia, where the situation is much worse; it is classified as critically endangered. Nowadays very few of these graceful leatherheads return to Rantau Abang to nest.  Where 10,000 nesting was recorded in the 1950s, this  had dropped to fewer than 10 nesting by 1999 and just 2 in 2008 and 2010. There was only a solitary nesting in 2017.

Poaching and human consumption of the leatherbacks’ eggs are often cited as the most significant factor for the species decline. Gross abuses towards the leatherbacks by the locals and tourists during nesting and when returning to sea, most likely discourage the leatherbacks from returning to nest. They were trapped in net by trawling activities, and these further add to this dwindling population of leatherbacks coming to nest. Mortality due to ingestion of floating marine debris like discarded plastic bags which resemble their favourite prey, jellyfish is also a contributing factor. Ineffective conservation efforts initiated in the 1960s had not helped either as exposure of the eggs to high temperatures inadvertently results in only female hatchlings.

The Department of Fisheries Malaysia (The Department) now has a Turtle Information Centre at Rantau Abang. Besides disseminating information concerning turtles; the Centre and the Department are also involved in conservation efforts: Rangers are patrolling the beaches to protect the turtles and their eggs from poachers when they come ashore to nest. Collection (except by licensed turtle egg collectors) or eating of turtle eggs are forbidden.

The Rantau Abang Fisheries Protected Area was established in 1991 covering the entire 30km beach and extends 18.5km out to sea. Gill nets of a mesh size 25.4cm, which killed up to 400 turtles a year, were subsequently banned from Malaysian waters altogether. The department is now enforcing these requirements and protective measures.

The Department is continuing and improving on its hatchery activities in its efforts to help increase the turtle population, particularly the leatherbacks

Will these giant leatherbacks make a come-back to Rantau Abang?

Rantau Abang is now returning to its quiet days of old – no more bustling with tourists as it used to be. And the reason is due to the dwindling number of turtles coming to nest at its beach, especially the leatherbacks. Given its relatively unspoiled and undisturbed stretch of beach, Rantau Abang is thought as the right place for leatherbacks to come to nest. The beach terrain is favorable. Its soft sandy beach is steep and is close to vegetation allowing the leatherbacks to quickly find suitable nesting spots – just a short crawl from the water edge. Minus the crowd of turtle watches and their attendant disturbing antics of old, the place would be ideal for the leatherbacks to return and nest again. So given time, these giants of all turtles might just come back more often. But for how soon I’m not willing to guess.

Dato’ Dr Anuar’s Comment 

The lesson for Rantau Abang is that it is costly for the folks of the town and Terengganu as a whole. By selling eggs of the leatherbacks continuously over many years for a fistful of RM, the town lost its important economic assets that come onshore voluntarily. Consuming the eggs means that future generation of leatherbacks is gone forever.

About the guest contributor:

Mr Ahmad Rozi Daud is a stingless bee farmer in Kuala Terenganu, Malaysia. He resides near Rantau Abang, Terengganu . He also provides training for those who are interested to be a stingless beekeeper or apiarist. Please contact us at 6016 3220 952 for assessment of suitability of your location for stingless bee farming.

Guest Contributor

Honey from Stingless Bees – A New Superfood

Posted on
A stingless bee

Honey of the stingless bees is a sweet, viscous food substance produced by stingless bees from floral nectar. It is quite similar to honey from the common honey bees (genus Apis) in most aspects but with its own distinctive physicochemical profiles, minerals and bioactive compounds.

There are more than 500 species of stingless bees worldwide. They can be found in most tropical or subtropical regions of the world, such as Australia, Africa, Southeast Asia and tropical America. Malaysia has its share of 33 species.

Stingless bees are closely related to the common honey bees (genus Apis) as both belong to the same Apidae family. However stingless bees are categorized under the Meliponini tribe while the common honey bees (genus Apis) are from Apini. Even though they cannot sting as their name suggests, these bees are able to protect their colonies by using their strong mandibles to grip their intruders.

Stingless bees are efficient pollinators and until recently are mainly used for such purposes, though the Mayans of Central America had been known to be using their honey for medical purposes a long time ago. Stingless bees honey is now gaining popularity and more and more people are rearing stingless bees for their honey, including Malaysia. For Malaysia this phenomenon only began around 2012.

Two Recommended Species of Malaysia

Out of the 33 Malaysian species identified so far, two that stand out more are Heterotrigona Itama and Geniotrigona Thoracica. These two have been recommended and promoted by the Malaysian Agricultural Development Institute (MARDI) as more suitable for meliponiculture – the propagation and culturing of the stingless bees for their honey. These two species are known for their high honey production, more tolerance to diseases and parasites as well as for their ease of keeping. Stingless bees of Itama species can produce 0.5 – 1.5 kg of honey per hive per month, while the Thoracica species twice as much.

Honey from stingless bee

By-products of Stingless Bees

Besides honey as their primary products, stingless bees also produce bee bread and propolis as secondary by-products. Bee bread is an extremely nourishing food derived from pollen and serves as the main source of protein for stingless bees and their larvae. The propolis on the other hand is produced by stingless bees from resin of trees collected by their worker bees. Propolis acts as the main building block for their hives. This includes pots for storage of honey and bee pollen as well as chambers for the queen and her brood. Studies done have shown that propolis displays antioxidant and antimicrobial properties and so has useful medicinal benefits.

Color of Stingless Bees Honey

Honeys of stingless bees originate from floral nectar with light golden color as almost always the norm. However they can exhibit any color from light brown to dark brown or almost black depending on a combination of factors. Among the factors are stingless bee species, the predominant flowers visited and stage of fermentation of the honey among others. Fermentation of stingless bee honey occurs naturally while still in the pots and continues post harvest, changing the tone of its color slightly darker in the process.

Physicochemical Composition of Stingless Bees Honey

Stingless bees honey has higher water content than honey of the Apis bees. It is less sweet and contains less sugar. It has more antioxidant, antimicrobial, anti-inflammatory as well as moisturizing properties than honey of the Apis bees. Stingless bees honey also contains minerals such as potassium, calcium, sodium, magnesium as well as manganese

Why Stingless Bees Honey?

Stingless bee honey is generally more palatable because it is not overly sweet or thick and is nutritious. It is also believed to have medicinal properties more than honey of the Apis bees.

Interest as well as studies done on stingless bee honey is still quite new and there lies potential for more benefits still unknown to us today to be discovered. It is comforting to know that people are opening up to accept stingless bee honey as a worthy or even superior competitor to the Apis bee honey. The Mayans were correct in pioneering its uses long time ago and they might have just helped us found the food that could well become our new superfood for today.

About the guest contributor:

Mr Rozi Daud is a stingless bee farmer in Kuala Terenganu, Malaysia. He also provides training for those who are interested to be a stingless beekeeper or apiarist. Please contact us at 6016 3220 952 for assessment of suitability of your location for stingless bee farming.

Must-Read Reports

Asia Rising in GDP

Posted on
China is projected to have GDP at PPP of US$ 58,299 billion in 2050, first in GDP ranking

PWC, the global auditing company, regularly issued reports under the title, The World in 2050. The latest report, The World in 2020: The long-term view-How will the global economic order change by 2020? was published in February, 2017. The report showed some interesting highlights.

Among the highlights are:

  1. Other than the usual countries of China, US and Japan, new countries such as India, Indonesia and Brazil are moving the GDP ladder.
  2. Countries such as Pakistan, Vietnam and Bangladesh would move up the GDP ladder.
  3. Nigeria would have the largest GDP in the African continent.
  4. European countries such as Germany, France, Italy and Britain will move down the GDP ranking in 2050.

The projected rankings of economies based on GDP at PPP (purchasing power parity) in constant 2016 in US$ billion are shown in the table below.

India would have projected GDP at PPP of US$44,128 billion in 2050, 2nd in GDP ranking

2016 Rankings in constant 2016 in US$ billion

GDP PPP ranking Country GDP at PPP
1 China 21,269
2 US 18,562
3 India 8,721
4 Japan 4,932
5 Germany 3,979
6 Russia 3,745
7 Brazil 3,135
8 Indonesia 3,028
9 United Kingdom 2,788
10 France 2,737
11 Mexico 2,307
12 Italy 2,221
13 South Korea 1,929
14 Turkey 1,906
15 Saudi Arabia 1,731
16 Spain 1,690
17 Canada 1,674
18 Iran 1,459
19 Australia 1,189
20 Thailand 1,161
21 Egypt 1,105
22 Nigeria 1,089
23 Poland 1,052
24 Pakistan 988
25 Argentina 879
26 Netherlands 866
27 Malaysia 864
28 Philippines 802
29 South Africa 736
30 Colombia 690
31 Bangladesh 628
32 Vietnam 595

2030 Rankings in constant 2016 in US$ billion

GDP PPP ranking Country Projected GDP at PPP
1 China 38,008
2 US 23,475
3 India 19,511
4 Japan 5,606
5 Indonesia 5,424
6 Russia 4,736
7 Germany 4,707
8 Brazil 4,439
9 Mexico 3,661
10 United Kingdom 3,638
11 France 3,377
12 Turkey 2,996
13 Saudi Arabia 2,755
14 South Korea 2,651
15 Italy 2,541
16 Iran 2,354
17 Spain 2,159
18 Canada 2,141
19 Egypt 2,049
20 Pakistan 1,868
21 Nigeria 1,794
22 Thailand 1,732
23 Australia 1,663
24 Philippines 1,615
25 Malaysia 1,506
26 Poland 1,505
27 Argentina 1,342
28 Bangladesh 1,324
29 Vietnam 1,303
30 South Africa 1,148
31 Colombia 1,111
32 Netherlands 1,080
Indonesia would become the fourth largest economy in 2050 based on GDP at PPP, behind the US

       2050 Rankings in constant 2016 in US$ billion

GDP PPP ranking Country Projected GDP at PPP
1 China 58,499
2 India 44,128
3 US 34,102
4 Indonesia 10,502
5 Brazil 7,540
6 Russia 7,131
7 Mexico 6,863
8 Japan 6,779
9 Germany 6,138
10 United Kingdom 5,369
11 Turkey 5,184
12 France 4,705
13 Saudi Arabia 4,694
14 Nigeria 4,348
15 Egypt 4,333
16 Pakistan 4,236
17 Iran 3,900
18 South Korea 3,539
19 Philippines 3,334
20 Vietnam 3,176
21 Italy 3,115
22 Canada 3,100
23 Bangladesh 3,064
24 Malaysia 2,815
25 Thailand 2,782
26 Spain 2,732
27 South Africa 2,570
28 Australia 2,564
29 Argentina 2,385
30 Poland 2,103
31 Colombia 2,074
32 Netherlands 1,496

Changes in Rankings of Asian Countries

Countries
Ranking in 2016

Ranking in 2030

Ranking in 2050
China 1 1 1
India 3 3 2
Indonesia 8 5 4
Japan 4 4 8
Saudi Arabia 15 13 13
Pakistan 24 20 16
Iran 18 16 17
South Korea 13 14 18
Philippines 28 24 19
Vietnam 32 29 20
Bangladesh 31 28 23
Malaysia 27 25 24
Thailand 20 22 25

Note: PPP (purchasing power parity) estimates of GDP adjust the price level difference across countries, providing better measure of the volume of goods and services produced by an economy as compared to GDP at current market exchange rate, which is a measure of value. Essentially GDP PPP controls for different costs of living and price levels, usually relative to US dollar, enabling more accurate estimate of a nation’s level of production.

Observation

In 2050, two Asian countries, China and India, would occupy the top two spots in GDP ranking. In addition, Indonesia would move from 8th spot in 2016 to 4th spot in 2050. Japan, which occupied 4th spot in 2016 would drop to 8th spot in 2050.

Our country, Malaysia, would slightly improve its spot from 27th in 2016 to 24th in 2050. The greatest mover would be Vietnam, moving from 32nd spot in 2016 to 20th spot in 2050.

Please click below for the full report