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.
South Korea government has designated part of the Korea National Food Cluster, or Foodpolis, as a foreign investment zone (FIZ), making it easier for the cluster to attract global food firms seeking to set up a base in Northeast Asia.
Foto-foto satelit 13 Januari dan 10 Februari 2017 menunjukkan pembukaan lahan baru di kawasan konsesi PT Papua Agro Lestari (PT PAL) milik perusahaan kelapa sawit raksasa Korindo. Menunjukkan bahwa Korindo sedang mempersiapkan pembukaan hutan seluas 2.400 hektar di Papua.
According to a POSCO Daewoo official, Sunday, Korea's largest trading affiliate under POSCO group has secured construction and investment approval from the Myanmar government to build a rice processing complex (RPC) in Twante.