Federal Land Development Authority (FELDA) 33 per cent stake, as the single largest shareholder in Felda Global Ventures Holdings Bhd (FGV) is now represented with the appointment of three new directors (New Straits Times, July13, 2017). FGV is the world’s largest palm oil producer and oil palm plantation operator, based on planted hectares. You can read
Industry leaders have called on anxious pepper farmers to remain calm and refrain from selling their produce at low prices, saying the current price plunge is most likely a fleeting phenomenon.Vietnamese pepper exports now account for nearly 50 per cent of global output. You can read the original article at http://vietnamnews.vn/economy/377061/pepper-farmers-urged-to-keep-calm-and-carry-on.html#SpyiZCCcpBy4RSSX.99
The media is off to the races, blacklisting coconut oil again. Seems like every year there is another study contradicting the study before. First coconut oil was bad, then it was good, then it turned bad again. But is this really about coconut oil? Or is it just a scapegoat? You can read the original article at http://observer.com/2017/06/new-study-coconut-oil-ldl-cholesterol-levels/
Many sectors, including construction, fisheries and agriculture face labor shortages due to the new labor law. More than 5 million migrants are working in Thailand, but only half are documented. You can access the whole article at http://www.nationmultimedia.com/news/national/30320394
France will restrict the use of palm oil in producing biofuels to reduce deforestation, Environment Minister Nicolas Hulot said early June. Special tax bills have been tabled on the use of palm oil in food, citing environmental damage caused by plantations. Indonesia and Malaysia, the world’s two largest palm oil producers, opposed such a tax. You can
Sugar reduction is a trend among most consumers (84%), with millennials leading the charge citing more reasons than older consumers for following the health trend, according Mintel. You can access the whole article at http://www.beveragedaily.com/Ingredients/Mintel-talks-trends-in-sugar-and-sweeteners-at-IFT-2017
Indonesia has a low level of productivity per hectare compared to its ASEAN competitors. This is in large part due to the general older age of its rubber trees in combination with low investment capability of the smallholder farmers. Whereas Thailand produces 1,800 kilogram (kg) of rubber per hectare per year, Indonesia only manages to
Australia’s food and grocery sector turnover totalled $125.9 billion in 2014-15, comprising: Food and beverage processing $103.2 billion Grocery (non-food) manufacturing $16.9 billion Fresh produce (minimally transformed) $5.9 billion The defined industry represents 33.3 per cent of total Australian manufacturing by turnover with a combined value added of approximately $32.0 billion in 2014-15. The total value
THE Philippines is keeping the quantitative restriction on rice purchases in place for three more years, limiting supplies from major sellers like Thailand and Vietnam, according to an executive order released on Monday. The maximum volume of rice that private traders can ship in annually will remain at 805,200 tons until 2020, with the tariff
The value of Vietnam’s seafood exports is expected to increase by 5 percent this year to around USD 7.5 billion (EUR 7 billion) despite having to overcome many potential hurdles, according to the Vietnam Association of Seafood Producers and Exporters (VASEP). You can read the whole article here: https://www.seafoodsource.com/news/supply-trade/vietnam-expects-healthy-growth-for-seafood-exports-in-2017