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BDO Mango Tree Audit Completed

BDO, a global leader in audit and assurance, on July 4, 2023 confirmed the outstanding success and high survival rate of the mango trees at Plantations International's Kanchanaburi site. Following an extensive and rigorous audit, the international accounting firm counted a total of 14,400 mango trees, with an impressive 99.62% flourishing in optimum health, shattering the industry standard. The independent tree count audit undertaken by BDO, a firm known for its stringent standards, revealed that 14,344 of the total mango trees are growing healthily and robustly. In contrast, only 56 trees were found to be struggling – a mortality rate of [...]

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 rejoint le Pacte mondial des Nations Unies

Le groupe d'entreprises Plantations International est très heureux d'annoncer qu'il a été accepté dans le prestigieux Pacte mondial des Nations Unies. Plantations International s'engage à soutenir les dix principes du Pacte mondial des Nations Unies sur les droits de l'homme, le travail, l'environnement et la lutte contre la corruption. Par cette communication, nous exprimons notre intention de mettre en œuvre ces principes. Nous nous engageons à intégrer le Pacte mondial des Nations Unies et ses principes dans la stratégie, la culture et les opérations quotidiennes de notre groupe, et à nous engager dans des projets de collaboration qui font progresser les [...]

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 [...]

How Investing in Agriculture Can Save Your Portfolio From Inflation

Inflation Is Here! – And Smart investors are putting their money into Agricultural projects to hedge against inflationary pressures. Central banks and public financial institutions are increasingly finding themselves caught between a rock and a hard place. First, the global COVID-19 pandemic forced banks to adopt unprecedented stimulus policies, pumping money into the economy at record levels. This move likely prevented a catastrophic double-crisis – one epidemiological, one financial – from occurring at the same time. However, this move probably did not eliminate the threat of a financial crisis entirely. Instead, it looks like it may have simply delayed it for [...]

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