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The Federal Land Development Authority (Felda) is contributing towards sustainable forest management in its own way by undertaking various initiatives on environmental protection, the agency's top official said.
Turning food to fuel may not be the answer to the world's energy woes and global warming, after all.
Mergers provide global benchmarks, says Kuala Lumpur Kepong CEO Datuk Seri Lee Oi Hian. The challenge lies in their superb management. Unlike in the previous boom and bust years, Lee hopes that the edible oil industry has entered into a more sustainable and equitable price regime. The Pelikan group, under the stewardship of Loo Hooi Keat, is again raring to go. Having completed a series of acquisitions in its full financial year, Pelikan is eyeing fast growing markets in Asia and Latin America. Green Packet's new overseas ventures are expected to see strong financial impact in 2008, says managing director and CEO Puan Chan Cheong. He sees buoyant growth in China, the Middle East and North Africa.
The Government has launched a RM20mil Palm Oil Wildlife Conservation Fund to promote ideas and proposals to enhance biodiversity linked to palm oil production worldwide.