Both ENDS
The planned initial public offering (IPO) of Malayan state-owned enterprise Felda Global Ventures Holdings (FGVH) will take place this month (28th June). It will be underwritten by Deutsche Bank, JP Morgan and Morgan Stanley; with an expected valuation of around 2.5 billion Euro this will be the second biggest IPO ever, trailing Facebook. A significant detail is that FGVH is controlled by the governing part UMNO, led by Prime Minister Mohd Najib Abdul…
Over the past 15 years the production of palm oil has increased enormously, and not without reason: palm oil, pressed from the fruit of the oil palm, is cheap and is used in many different products. It is processed in ice cream, chocolate, margarine and sauces, but also in personal care products and cosmetics such as lipstick, detergent, toothpaste, soap and biofuel. Unfortunately, the large demand for palm oil has quite some negative side effects:…
Together with five women from the Platform Suace Pyvyvõhára, I travel to Mingã Pora in the east of Paraguay. Around 45 families from the indigenous Tekohá Suace community settled here in 2016. In Guaraní, Tekohá means 'the place where we are what we are'. They reside in tents - self-made out of…
“I will not go!” Sena Alouka yells in the bus along the highway as we pass a desolate farm that is totally surrounded by bulldozers and soil that has been turned and ploughed. A familiar sight for most of the riders in the bus, which includes nine Africans, an Indonesian and a handful of Dutch people. Evictions and land expropriations are an almost daily occurrence in Africa and Indonesia. And then the whole group spontaneously chants: “I will not…
More than 100 international experts and social activists gathered from 5-8 November in Brussels, Belgium, for a 'Week of Action' to call attention to…
