Thailand

War in Ukraine Pushes Food Prices to Record High: FAO

The surge in food prices accelerated after the Russian invasion of Ukraine in late February. Russia and Ukraine are major exporters of wheat and corn. Global food prices have hit record levels in the wake of the Ukraine war, the latest data from the Food and Agriculture Organization shows, raising concerns over food security and the conflict's impact on vulnerable populations across the world. The U.N.'s food price index rose to 159.3 in March, up 17.9 points, or 13%, from February and jumped 34% from a year ago. The index measures the monthly change in international prices for a basket of [...]

Plantations International Joins United Nations Global Compact

The Plantations International Group of Companies is very pleased to announce that is been accepted into the prestigious United Nations Global Compact. Plantations International pledges to support the Ten Principles of the United Nations Global Compact on human rights, labour, environment, and anti-corruption. With this communication, we express our intent to implement those principles. We are committed to making the UN Global Compact and its principles part of the strategy, culture, and day-to-day operations of our group, and to engaging in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Plantations International has [...]

Plantations International Malaysia Receives USD 440,114,454 Revenue Valuation

United Tropical Fruit Sdn. Bhd. in Malaysia, an owned subsidiary of the Plantations International Group of companies is very pleased to announce that it has received a USD 440,114,454 projected revenue valuation for its Organic Musang King Durian Plantation from a leading International accounting and auditing firm. United Tropical Fruit's Organic Musang King Durian Plantation consists of 4,500 trees and is located on a 100-acre site in the Malaysian state of Pahang and has been secured by United Tropical Fruit on a 60-year leasehold basis. Mr. Gareth Cookson, the director of operations for Plantations International in ASEAN said "We are the [...]

Plantations International Thailand Receives USD 270,892,231 Revenue Valuation

Plantations International Co. Limited in Thailand a member of the Plantations International Agroforestry Group of companies is very pleased to announce that it has received a USD 270,892,231 projected revenue valuation. The valuation drills down into Plantations International’s two core agroforestry products in Thailand which are Mango and Agarwood trees. Plantations International's projected revenue value for these two products are: Agarwood Plantations: USD 158,678,364 Mango Plantations: USD 112,213,867 The report also takes into account the present value (PV) range of its Thailand plantation assets as of September 30, 2021 giving a present value range of  USD 29.4mn to USD 33.6mn and [...]

2021 Global Food Crises Report

The 2021 Global Food Crises Report highlights the remarkably high severity and numbers of people in Crisis or worse in 55 countries/territories, driven by persistent conflict, pre-existing and COVID-19-related economic shocks, and weather extremes. The number identified in the 2021 edition is the highest in the report’s five-year existence. While conflict continues to displace people, disrupt livelihoods and damage economies, the COVID-19 pandemic and related containment measures have exacerbated pre-existing drivers of fragility, widened inequalities and exposed structural vulnerabilities of local and global food systems, hitting the most economically vulnerable households particularly hard. The shocks come amid the frequent threat of [...]

China’s 2020 Fruit Imports Surpass $10 Billion – Durian Leading the Way

According to a report from the fruit branch of the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-Products, China’s customs statistics indicate that the value of fruit imports exceeded $10 billion for the first time in 2020, reaching a total value of $10.26 billion — an 8% increase over the previous year. In contrast, the total fruit import volume declined by 8%, reaching 6.302 million tons. The decrease in import volume was largely attributable to the coronavirus pandemic and its impact on global supply chains. The top nine fruits in order of import value [...]

European Association for Business and Commerce

January 29, 2021 - Plantations International Co. Limited in Bangkok, Thailand which is a part of the Plantations International group of companies, is very pleased to announce that it has been inducted into the European Association for Business and Commerce. The European Association for Business and Commerce (EABC), established in 2011, aims to be the unified voice of the European business community in Thailand. EABC's objectives are to advocate member interests, to support European business in Thailand and to promote Thailand as an attractive partner for European foreign investment and trade. EABC acts as the European chamber of commerce in Thailand, covering [...]