Agribusiness
Daily Briefing: Wilmar may invest up to $1.38b in Russian soybean production; Lee warns ASEAN may need to choose over US or China amidst trade war escalation
Daily Briefing: Wilmar may invest up to $1.38b in Russian soybean production; Lee warns ASEAN may need to choose over US or China amidst trade war escalation
And Scoot to move its operation to Changi Airport Terminal 1 by 2019.
Golden Agri's 6% output growth trailing behind peers and industry: analyst
The firm’s ‘floating rate’ borrowings also pose a threat to its earnings.
Wilmar set to weather through trade jitters
It is poised to be the largest downstream player in palm oil processing.
Olam International Q3 profits fell 14.2% to $20.7m
It blamed tough trading conditions in coffee and weaker performance from its peanut business and commodity financial services.
Golden Agri-Resources hit by $74.51m loss in Q3
Revenue from the oilseeds segment dropped 23.2% to $499.93m.
Wilmar Q3 profits jumped 18.2% to US$434.91m
It was backed by higher sales especially in its tropical oils segment.
First Resources Q3 profits climbed 22.2% to $53.76m
The increase was mainly driven by higher production volumes.
Chart of the Day: Here are the returns of the 5 biggest agri stocks in Q3
Wilmar’s returns hit 6.4%.
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.
Read Here
Advertise
Sign Up
Commentary
AI and uncertainty: Can Singapore enterprises turn risk into resilience?
Why a HQ in Singapore is the perfect springboard to enter the global market
Why Singapore’s intellectual property regime gives clean-tech startups a regional advantage
Customer experience at full throttle: How Singapore’s F1 turns pressure into performance
Bootstrapping in Singapore: How small startups can thrive without investors
How outdated financial solutions are fuelling the SME exodus
The role passwordless plays in securing Singapore’s digital future