Papua New Guinea

Kulim buys PNG oil palm estates for US$175m

Plantation company Kulim Bhd is paying US$175 million to buy some 25,000ha of oil palm estates in Papua New Guinea from the world's largest agribusiness company, Cargill Inc, and Singapore government investment arm Temasek Holdings.

Land for farming on sale

Will Malaysia be emulating other nations by looking abroad to plant staple crops like rice, or rear cows, goats, chicken and fish to secure a sustainable food supply?