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.
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.
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.