Welcome!
Olam International
Commerce
Sheng Siong wins again; CAO and Olam have highest returns and profit growth respectively
SINGAPORE (Sept 16): Supermarket chain Sheng Siong Group is the overall winner in the commerce sector for the second year running. The company’s return on equity (ROE) of 25.68% made it the leader in this category as well.
September 13, 2019
Commodities
Asia's chocolate bonanza sparks quest for locally grown beans
(Aug 22): Asia's cocoa industry is scouring for ways to boost local bean supplies as the region's chocoholics munch through more candy than ever.
August 22, 2019
Results
Olam says trade war helped sales to surge
(Aug 15): In a world where many global trading houses have taken a hit from the US-China trade war, a giant food trader in Singapore says the spat has been a boon for them -- at least in grains.
August 15, 2019
Results
Olam reports 34.5% drop in 2Q earnings to $61.5 mil on higher costs, exceptional losses
SINGAPORE (Aug 14): Olam International reported 2Q19 earnings of $61.5 million, or 1.49 cents per share, down 34.5% from a year ago.
August 14, 2019
Sector Focus
Olam announces third palm plantation to achieve RSPO certification
SINGAPORE (May 2): Olam International says its Mouila Lot 3 palm plantation in Gabon has become Roundtable on Sustainable Palm Oil (RSPO) certified.
May 02, 2019
In print this week
The palm oil complex
Consumers and investors in Europe want the palm oil industry to be sustainable. It comes with a cost that is likely to be paid by the oil’s biggest market — Asia. In this first of a two-parter on the industry, we look at the complexities of certificat
April 29, 2019
M&A
Olam offers to buy Nigeria's Dangote Flour amid focus shift
(Apr 24): Olam International made a cash bid to buy Dangote Flour Mills Plc of Nigeria as the Singapore-based agriculture trader looks to expand in West Africa as part of a rejig of its portfolio.
April 24, 2019
Results
Olam 4Q and FY18 earnings fall on absence of exceptional gain, lower PATMI
SINGAPORE (Feb 28): Olam International reported 4Q18 earnings of $75.3 million, down 71.6% from a year ago due to a large exceptional gain of $155.4 million recorded in 4Q17.
February 28, 2019
M&A
Olam acquires 85% stake in BT Cocoa, Indonesia’s largest cocoa processor, for $121 mil
SINGAPORE (Feb 26): Olam International, the global food and agri-business, is acquiring Indonesia’s largest cocoa processor, BT Cocoa.
February 26, 2019