agri-business

SINGAPORE (Aug 8): Lower average selling prices and higher costs drove earnings for agri-food company Japfa down to US$5 million ($6.8 million) for the 2Q19 ended June, a steep 83% drop from a year ago.

SINGAPORE (Mar 28): Olam International says it has secured a total of US$163 million ($213.4 million) in loans from Asian Development Bank (ADB) and Japan International Cooperation Agency (JICA).

SINGAPORE (Dec 18): Olam International is selling a 50% stake in its wholly-owned subsidiary, Far East Agri, for US$100 million ($135 million) to Mitr Phol Sugar Corporation, Asia’s largest and the world’s fourth largest sugar producer.