"We need to adjust taxes, regulations, and finance so that holding farmland for real estate speculation or investment becomes ‘futile.’ We must lower land prices.”
PT Inecda, a Samsung subsidiary, violated the RSPO sustainability standards by failing to obtain consent from an Indigenous community in Sumatra before clearing more than 5,000 hectares of forests for palm oil plantations.
Russia could provide North Korean farmers with agricultural land in the Far East, a scheme that one expert said could be a DPRK attempt to improve its food situation and earn cash for the regime.
The Korean corporation aims to secure 850,000 ha of arable land and produce grain through joint ventures in major farming countries such as Australia, North America and South America.
The Korean corporation POSCO International is in talks with the government of Uzbekistan for a US$196 million textile investment, that includes lands for the cultivation of cotton.
PT Kenertec Power Systems, a company belonging to the Korindo group has agreed to end a long-running lawsuit intended to silence a civil society campaign to protect rainforest, in Indonesia’s Papua province, threatened by Korindo’s extensive palm oil operations after a judge in Germany set to dismiss the case.
Le projet de transformer Madagascar en futur grenier de l’océan Indien risque de ressusciter le scandale relatif à la location de terre érable pour des investisseurs sud coréens, selon la presse malgache
Korean palm oil giant, Korindo has been rejected from the world's green certification body in the wake of a BBC investigation. Korindo controls more land in Papua than any other conglomerate. The company has cleared nearly 60,000 hectares of forests inside its concessions - an area the size of Chicago or Seoul.
Indonesia is the world’s largest exporter of palm oil and Papua is the new frontier. Kinggo indigenous group that owns the customary forest in Boven Digul Regency, Papua is fighting to protect their land against subsidiary of Korean palm oil giant, the Korindo Group.
Germany’s Rainforest Rescue (Rettet den Regenwald) and Washington, D.C.-based Center for International Policy (CIP) blasted a baseless defamation lawsuit brought to the Hamburg Regional Court by a supplier to the Korindo conglomerate, a notorious Korean-Indonesian palm oil, logging and wind tower manufacturing giant.
Indonesia is the world's largest exporter of palm oil, and Papua is its newest frontier. A visual investigation suggests fires have been deliberately set on the land by Korean palm oil giant that has been buying up swathes of Asia's largest remaining rainforests for their plantations.
Giant South Korean conglomerate Hanwha Group is looking to make an exit from the Warragundi aggregation in Australia, just over a year after taking control of the largest acreages in NSW’s Mudgee region.
