A Chinese tycoon's purchase of vast wheat fields in France highlights China's increasing acquisition of foreign farmland as the Asian giant seeks to keep up with its massive population's growing appetite.
Indian businessman Sai Ramakrishna Karuturi has been booked for allegedly sexually harassing a 23-year-old woman staffer of a spa centre in Bengaluru and abusing policemen who rushed to her help.
Groups once again publicly denounce the alarming increase in violence and violations of rights of the communities in the Cerrado in Piauí, part of the region where the federal government is implementing its Matopiba Agricultural Development Plan
President Emmanuel Macron has promised farmers that he will stop foreign investors buying up land in France, after a Chinese fund purchased swathes of rich agricultural land in the centre of the country.
Foreign companies and private individuals will not be able to take farmland even for temporary use, Astana TV reports.
PNG Prime Minister Peter O’Neill and Agriculture Minister Benny Allan have promised the Philippines government at least one million hectares of land in Papua New Guinea for Filipino farmers to grow rice.
Despite repeated promises from the O’Neill government to cancel the agribusiness leases in Papua New Guinea, stretching back to 2013, almost nothing has been done.
Proterra Investment Partners, a private equity firm that was spun-off from agricultural giant Cargill, is raising $ 500 million to expand in Brazil, according to a person with direct knowledge of the subject.
FELDA’S investment in Indonesian oil palm planter PT Eagle High Plantations Tbk (EHP) is a bust according to International Palm Oil Monitor (IPOM), a due diligence report in relation to EHP’s acquisition detailed numerous concerns and improprieties.
Undersecretary of the Ministry of Economy says that investments in the fields of agriculture and food industries are among the prominent sectors that attract UAE investments abroad as the country currently imports about 80 per cent of its food needs.
Fonterra's owners are worried about the cooperative's $800m investment in establishing dairy farms in China, which yielded only $1m in earnings last year, despite a $38m subsidy of their operations by Fonterra's China ingredients division.
Sime Darby Plantation has planted only 10,000 hectares in Liberia and has not laid a seed in two years, stalled by uncertainties over new environmental standards.