Agribusiness
UOB grants green trade finance facilities to Musim Mas, Barramundi Group
UOB grants green trade finance facilities to Musim Mas, Barramundi Group
More than S$90b of trade flows meet green and sustainable requirements in Singapore.
First Resources net profit drops by more than 60%
Higher export taxes in Indonesia stabbed at the palm oil producer’s profits.
Olam gets US$1b loan to acquire US spice manufacturer
Olam International Limited, through a subsidiary, has two years to pay for the acquisition of Olde Thomson.
Bumitama Agri suffers 36.4% profit decline over taxes
The company’s profit was affected by Indonesian government's CPO levy and export tax.
Wilmar net profit doubles to a record-breaking US$450.2m
All of the food processing firm's core business segments grew in the first quarter.
Japfa net profits up 36.9% amidst pandemic, swine flu
Japfa's net profits were up 36.9% to US$35.5m.
Olam expands business with US spice manufacturer acquisition
Olam Food Ingredients is set to acquire Olde Thompson for US$900m.
Mondelez, Olam Food to develop cocoa farm in Indonesia
The project will use advanced climate and plant science technology.
Olam International to issue $100m perpetual securities
Thise will be consolidated with its existing $250m securities, issued under the same programme.
Golden Agri records better performance on higher CPO prices: analyst
It has posted a 15% drop in its FY2020 net profit to US$230m.
Japfa profits soar by 168% in 2020
The agri-food firm's profits were driven by its operations in Vietnam and China.
Golden Agri posts 15% loss in 2020
The Indonesian agriculture firm expects the demand in palm oil to recover in 2021.
Wilmar International FY2020 net profit surges 18.6% to US$1.53b
Its revenue for FY2020 increased 18.5% to US$50.53b.
ABC World Asia invests in agribusiness firm
Agri-tech firm CropIn will use the capital infusion for global expansion and analytics platform.
UOB grants $272m sustainability-linked loan to Wilmar
ESG ratings provider Sustainalytics will measure Wilmar’s performance.
Archer Daniels Midland to cut stake in Wilmar, sell shares for $685.28m
The company had a 24.6% effective stake in Wilmar as of 4 March.
Olam posts 44.4% profit growth to $332.7m in H1
It was thanks to a net exceptional gain of $130.6m from the divestments in Far East Agri.
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