News

Peru begins exporting its grapes to Japan

The Peruvian Ministry of Agrarian Development and Irrigation (Midagri) has announced that exports of grapes to Japan are scheduled to begin on the morning of from tomorrow. Vice Minister for Agrarian Development Policies and Supervision of Midagri Segundo Regaladosays "Grape exports for Japan begin tomorrow after numerous years of negotiations. This is an excellent task for the sector particularly those who work for the National Agrarian Health Service of Peru (Senasa)." The Midagri official said that Peruvian agriculture has successfully fought off the pandemic, and the same can be expected in the current crisis caused by rainfall and overflows of rivers [...]

Westfalia Fruit India marks beginning of a new exciting and strong season of avocados

Westfalia Fruit India is delighted to confirm the arrival of the first container for the avocado season coming from Tanzania in parallel with the first air cargoes from India by Westfalia Fruit Peru are received. It marks the start of a new exciting and strong season for 2023. "We began selling avocados direct in India in 2022. The initial year was devoted to developing direct relationships with the major retailers as well as in establishing the distribution network. Westfalia Fruit India has appointed three national distributors : Work In Business Pvt Ltd, NGK Trading & Sam Berry Exotics Pvt Ltd. In [...]

Minister McConalogue announces assistance to Irish potato industry

Minister of Agriculture, Food and the Marine, Charlie McConalogue, has announced the launch to the 2023 Scheme of Investment Aid for the Seed Potato and Chipping Potato Sector. Apart from providing aid for the seed potato industry The scheme was extended in 2023 to encompass producers of Irish chipping potatoes. The 2023 Scheme of Investment Aid for the Seed Potato and Chipping Potato Sector will aid developing capacity in the Irish chipping and chipping potato fields and helps improve the manufacturing, storage and infrastructure for marketing of chipping and chipping potato by offering grants to farmers towards the cost of capital [...]

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 [...]