APB, the Dutch pension fund for government and education employees, announced it would divest 300,000 euros from Posco Daewoo over deforestation in Indonesian Papua.
South Korea’s Daewoo is one of world’s largest transnational conglomerates and continues to expand a business empire that extends from manufacturing and trade to natural resources like oil and gas, minerals and food.
Madagascar, still chafing from a major broil in 2009 after Ravalomanana made a land deal with Daewoo, is set to have a presidential election in November.
Suite à une intenstification des investissements coréens au Madagascar, le Collectif TANY pose la question si on doit s'attendre à une reprise du projet foncier de Daewoo Logistics
Malaysia's Camcashew Company and South Korean Naroo Marine Company will invest $100 million in a cashew nut export project in Kampong Cham province, including a 4,000 ha plantation and a 40,000 ha contract farming scheme.
Indoor horticulture farms are attracting an increasing level of investment. Combined with the advent of artificial intelligence, it's taking factory farming technology to new heights. South Korea and Japan to join the race.
South Korea’s Dongbu Group will commit 45 billion won ($40 million) to a timberland and farmland fund managed by Boston-based Hancock Natural Resource Group..
Under fire from watchdogs and consumers of its smartphones, Samsung said it would not pursue a joint venture with Korindo amid an NGO campaign highlighting Korindo’s rainforest destruction for palm oil in Indonesia’s Tanah Papua region.
Egypt and the Korea-Arab Society (KAS) signed a cooperation protocol to build a $10 billion integrated agricultural city in the North African country. The city will be stretched over an area of 300,000 feddans (126,000 ha) in the southeast part of the Qattara Depression.
Samsung dan Daewoo dituding terlibat dalam deforestasi di Papua bersama Korindo Group, dua perusahaan Korea Selatan ini telah mengurangi hutan primer di Papua untuk perkebunan kelapa sawit, menyalahgunakan hak dan mata pencaharian masyarakat lokal.
Samsung subsidiary announced last week that it will be forming a joint venture with Korean-Indonesian agribusiness company, Korindo which was recently exposed for burning and clearing tens of thousands of hectares of Indonesia's rainforest for palm oil and timber production.
Subsidiaries of prominent South Korea’s conglomerates including POSCO and Samsung, plus South Korean-owned Indonesian conglomerate Korindo Group, have been cutting down primary forest to make way for oil palm plantations.
