Tag Archives: palm

Palm oil giant Olam accused over sourcing

Palm oil giant Olam has been accused of using suppliers that may use unsustainable practices in parts of Southeast Asia. The claims against the agricultural commodities trader were made in a report by Mighty, a US-based environmental lobby group. Mighty also accuses Olam and its main stakeholder, Singapore state-owned investment company Temasek, of turning a blind eye to… Read More »

Overseas investors continue to shun oil palm industry

The government’s decision to allow 100 per cent foreign direct investment (FDI) in oil palm plantations in November last year has failed to draw even a single investor. “There has not been even a single enquiry for FDI till now,” Sanjay Goenka, President of Oil Palm Developers and Processors Association (OPDPA) told The Hindu. Plantation tag “No FDI… Read More »