BTG Pactual undermined the case for investing in Brazilian farmland, saying it offered "negative returns" thanks to blows from lower crop prices, and the South American country's high interest costs.
Meeting notes how land conflicts as a result of agribusiness expansion are proliferating throughout SE Asia and urges pause in the hand out of licenses while community and indigenous peoples’ land rights are secured.
In its letter to the RSPO, Plantaciones de Pucallpa claims to have divested all its palm oil estates, land, related activities and equipment and PdP has no involvement in the Palm oil industry.
PT Nabire Baru plantation encroaches on the customary lands of the Yerisiam Gua peoples, who have written letters and protested peacefully against the project for the last four years. In 2012, the company was reported to have cleared 32,000 hectares in Nabire province.
Olam has started developing a second 13,500 ha fully irrigated paddy farm on a greenfield site in Ondorie, Nasarawa State.
Interior and Local Government Secretary Ismael Sueno said he will meet with leaders of the Moro Islamic Liberation Front to help Chinese investors set-up a 6,000 ha tea plantation within the rebels' controlled territory in Mindanao.
As the global rush for land intensifies, provoked in particular by the demand for alternatives to fossil fuels, governments across Southeast Asia have welcomed investments by both local and foreign agribusiness companies
The amount of agricultural land owned by Chinese interests has soared above 3 million hectares, more than double the 1.46 million declared by the Australian Taxation Office last month, according to a Fairfax Media analysis of reported land sales.
A worrying number of land grabs in developing countries involve European companies or are backed by European money – from banks, equity and pension funds, for instance.
A case study of the situation in Lamu, Isiolo and Siaya Counties by the Land Development and Governance Institute (LDGI)
New animated video shows how a global farmland fund, managed by US financial giant TIAA-CREF, used a complex company structure to avoid restrictions on foreign investment in farmland in Brazil.
New report: European and US development funds are bankrolling palm oil company Feronia Inc despite land and labour conflicts at its plantations in the Democratic Republic of the Congo (DRC).
