Agribusiness
Weak crude palm oil prices could hurt Golden Agri
Demand contraction in EU and India could persist.
Here's a silver lining for agri stocks amidst the escalating trade war
Wilmar International and First Resources could benefit from cost reduction due to their currency exposure in Indonesian rupiah.
SEEDS Capital on the lookout for partners to invest in agrifood tech
They will provide up to $4m per deep tech startup.
Wilmar International buys rival Bunge's sugar operations
It includes both raw and refined sugar contracts.
Acquisitions could bolster Wilmar International to access new markets
The firm is on a buying spree with the latest acquisition priced at US$600m.
Wilmar International eyes China IPO
China contributed around 60% to the firm's pre-tax profits.
Golden Agri hit by $53.6m Q2 loss amidst weaker palm oil prices
Its oilseeds segment also succumbed to uncertainties caused by the trade wars.
Olam International profit crashed 36.4% to $93.91m in Q2
Weaker performance from the coffee, peanuts and edible oils segment hit earnings.
Wilmar International profit ballooned 436.6% to US$316.4m in Q2
It was pushed by the strong performances of oilseeds and grains and tropical oils segments.
Singapore-based feed producer Gold Coin sold majority stakes for US$550m
Shares were bought by the Aboitiz Group's Pilmico.
Falling CPO prices threaten Golden Agri Resources's growth
Prices have been down 6% so far, whilst GAR’s shares have dropped by 16%.
Wilmar could benefit from soybean prices hit by trade tensions
Soybean prices have fallen 4.6% since the US and China resumed announcing tariffs.
Daily Briefing: GrabCycle pauses sign-ups after oBike closes; Wilmar cuts ties with suppliers accused of deforestation
And a Singapore-based digital lender bags funding from SIG Asia Investments.
OCBC loans Wilmar US$200m with sustainability-based interest rate
The interest will be lowered in tiers if the sustainability target is met.
Plantation firms' Q1 profits hit by lower crude palm oil and FFB output
Production of fresh fruit bunches ranged from -2% to -35% for most companies.
Malaysian timber firm Jawala launches IPO
It expects proceeds worth $4m to go into plantation development.
Wilmar International bags loan facility of US$1.5b
It will be used to refinance its existing debt.
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