...Introduction 2 History of Palm Oil 2 History of Palm Oil in Malaysia 2 Importance of Palm Oil in the World 3 Analysis of Economic Environment 5 Supply-Side Environment 5 Demand Side Environment 7 Palm Oil Economy in Malaysia 7 Key Inferences 8 Analysis of Political, Legal & Institutional Environment 8 FELDA, FELCRA & RISDA 9 Government Policies 9 Analysis of Social & Environmental Impact 11 Analysis of Technological Environment 12 Skills & Knowledge Development 12 Research & Development 12 Overview of Business Environment & Conclusions 13 Introduction History of Palm Oil The oil palm tree (Elaeis Guineensis Jacq.) is said to have originated in West Africa, somewhere between Angola and Senegal. The earliest archaeological evidence of palm oil has been found in an Egyptian Tomb in Abydos. These two facts point to two inferences. One, that palm oil production was happening even 5000 years ago. Secondly, as no palm oil was produced in Egypt, this means that Palm Oil trading also was prevalent at that time. Thus, Palm Oil has been used by mankind since historical times. A basic description of the palm oil extraction process is shown below: (Source: Malaysian Oil Palm Publication Annual Report 2011) History of Palm Oil in Malaysia Palm Oil was introduced in Malaysia by in 1910 by Scotsman William Sime and English banker Henry Darby as a plantation crop, as Malaysia was a British Colony at the time. The plantations operated by British...
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...com/locate/energy Oil palm biomass as a sustainable energy source: A Malaysian case study S.H. Shuit, K.T. Tan, K.T. Lee*, A.H. Kamaruddin School of Chemical Engineering, Universiti Sains Malaysia, Engineering Campus, Seri Ampangan, 14300 Nibong Tebal, Pulau Pinang, Malaysia a r t i c l e i n f o a b s t r a c t Article history: Received 24 October 2008 Received in revised form 13 May 2009 Accepted 14 May 2009 Available online 13 June 2009 It has been widely accepted worldwide that global warming is by far the greatest threat and challenge in the new millennium. In order to stop global warming and to promote sustainable development, renewable energy is a perfect solution to achieve both targets. Presently million hectares of land in Malaysia is occupied with oil palm plantation generating huge quantities of biomass. In this context, biomass from oil palm industries appears to be a very promising alternative as a source of raw materials including renewable energy in Malaysia. Thus, this paper aims to present current scenario of biomass in Malaysia covering issues on availability and sustainability of feedstock as well as current and possible utilization of oil palm biomass. This paper will also discuss feasibility of some biomass conversion technologies and some ongoing projects in Malaysia related to utilization of oil palm biomass as a source of renewable energy. Based on the findings presented, it is definitely clear that Malaysia has position herself...
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...Berhad TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts...............................................................................................................3 Business Description...........................................................................................4 History...................................................................................................................6 Key Employees...................................................................................................10 Key Employee Biographies................................................................................12 Major Products and Services............................................................................20 Revenue Analysis...............................................................................................22 SWOT Analysis...................................................................................................24 Top Competitors.................................................................................................30 Company View.....................................................................................................31 Locations and Subsidiaries...............................................................................36 Sime Darby Berhad © MarketLine Page 2 Sime Darby Berhad Company...
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...Universiti Putra Malaysia TABLE OF CONTENTS 1 | INTRODUCTION | | 1 | 2 | MISSION AND VISSION STATEMENT | | 2 | 3 | MARKET POSITIONING MAP | | 5 | 4 | KLK CORPORATE STRUCTURE | | 6 | 5 | FIRM’S OPERATIONS MAP LOCATION | | 8 | 6 | FINANCIAL ANALYSIS | | 9 | 7 | COMPETITORS’ ANALYSIS | | 18 | 8 | STRATEGY FORMULATIONSWOT ANALYSISInternal Factor Evaluation (IFE) MatrixExternal Factor Evaluation (EFE) MatrixCompetitive Profile Matrix (CPM)SWOT MatrixSPACE MatrixBOSTON CONSULTING GROUP (BCG) MATRIXINTERNAL EXTERNAL MATRIXQUANTITATIVE STRATEGIC PLANNING MATRIX (QSPM)GRAND STRATEGY MATRIXEPS/EBIT ANALYSIS BALANCE SCORECARD | | 21212223252629323435394041 | 9 | CONCLUSION | | 42 | INTRODUCTION Kuala Lumpur Kepong Berhad (KLK) is a Malaysian multinational company involved in plantation, manufacturing, retailing and property development. While plantation remains KLK's core business, it has expanded downstream into resource-based manufacturing, in particular oleochemicals, cocoa processing and rubber processing and employs more than 35,000 employees worldwide. As at 30 September 2011, KLK is listed on the Main Market of Bursa Malaysia Securities Berhad and has a market capitalization of approximately RM22.5 billion. From a humble plantation company established more than 100 years ago in Malaysia and through strategic acquisition and sound management, the Group’s oil palm and rubber plantations today stand at approximately 250,000 hectares in Malaysia and Indonesia...
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...11 March 2011 Food Producers Palm Oil – Extracting Value Rachel Galvez +44 20 7444 0679 rachel.galvez@religarecm.com Palm Tree Nursery Palm Oil Sector – Extracting Value We launch coverage on the London listed Palm Oil sector with a positive view as we believe the industry will continue to grow and current production will struggle to meet global demand. In our view, companies (such as the ones under our coverage) that have; agricultural land rights in equatorial regions (where oil palms thrive), industry expertise, experienced management teams, and access to capital, have defensible competitive advantages and are likely to experience earnings growth and margin expansion going forward. New Britain Palm Oil (NBPO LN, BUY, 1,197p price target, 23% upside) NBPO produces sustainable and traceable Palm Oil in Papua New Guinea (PNG), which it sells to European markets. We believe the company’s competitive advantages, (the traceability and sustainability of its oil, above industry average yields, land and other assets, management team and industry relationships) will enable it to increase sales, expand margins and maintain a market leading position going forward. Asian Plantations (PALM LN, BUY, 345p price target, 29% upside) Source: MP Evans Palm Tree Plantation Asian Plantations is involved in the acquisition and development of Palm Oil plantation land in Sarawak, Malaysia. We believe the company will be able to execute on its strategy (acquiring undeveloped land...
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...UNILEVER 2 1.1 Company Background: Unilever 2 1.2 Overview of Unilever Indonesia 3 1.3 Unilever Indonesia Foundation 3 1.4 Overview of Dove Products 4 1.5 Environmental Record 5 CHAPTER 2 CASE STUDY: UNILEVER VS GREENPEACE 7 2.1 Indonesia Palm Oil Plantation 7 2.2 Unilever Palm Oil Suppliers 11 2.3 Environment Destruction Caused by Palm Oil Plantations 14 2.3.1 Deforestation 15 2.3.2 Destruction of Orang Utan Habitat 17 2.4 The Impact to Unilever 18 CHAPTER 3 CASE ANALYSIS 19 3.1 Ethical Theory 19 3.1.1 The Stockholder Theory 19 3.1.2 The Stakeholder Theory 20 3.1.3 The Social Contract Theory 20 3.2 Triple Bottom Line 21 3.2.1 People 21 3.2.2 Planet 22 3.2.3 Profit 22 3.3 Environmental Issues of Business Ethics 22 3.3.1 Business and Ecology 23 3.3.2 The Ethics of Environmental Protection 24 3.3.3 Who Should Pay the Cost of Environmental Damage 24 3.3.4 Regulation 24 3.3.5 The Value of Nature 24 3.4 Ethical Issues 25 3.4.1 Environment Destruction 26 3.4.2 Violating the RSPOs Principles 28 3.4.3 Unilever Failure of Screening its Suppliers’ Code of Conduct 30 3.4.4 Government Neglect of the Environment Issue 30 CHAPTER 4 CONCLUSION AND RECOMMENDATION 32 APPENDIX 1 Climate and Biodiversity Impacts of Unilever Palm Oil Suppliers in Kalimantan 35 APPENDIX 2 Dove Onslaugt(er) Video Capture 36 APPENDIX 3 Picture of People Support on the Greenpeace Campaign 37 Bibliography 38 WHAT LIES BENEATH THE BEAUTY An ethical case of Dove against Greenpeace in Indonesia...
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...Assignment 4 – Group Assignment Palm Oil Dilemma in Indonesia Natural Resource Economics 601 – Lecturer: John Karasinski Word Count – 2,016 (not including Tables and Figures) Aaron Smith: 1662 4483 Leonardo Molinari: 1728 4820 Reuben Dias:1313 9900 Group Assignment 2 Palm Oil Dilemma in Indonesia Executive Summary Indonesia’s GDP is estimated at $US868 billion in 2013, which classifies it as a lower middle income country. GDP growth has averaged almost 6% over the last decade with a population growth averaging at 1.4%. Indonesia’s population is expected to grow at an annual growth rate of 0.57% to over 271 million by 2030. Indonesia’s industrial sector largely dominates production, contributing over 48% to aggregate economic activity (including oil and gas which accounts for 10% of GDP). The palm oil industry has the potential to generate significant social and economic development in Indonesia. It is Indonesia’s largest agricultural export and provides income and economic development to the large proportion of rural poor Indonesia. In recent decades the global market for palm oil has seen exponential growth with current production estimated at over 45 million tons, with Indonesia being one of the world’s, largest producers and exporters, producing over 18 million tons of palm oil annually. Although only contributing 8 % to GDP, the palm oil plantations provide for around two thirds of rural household incomes. Over 41% of plantations were owned by small land holders...
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...The Palm Oil Financing Handbook Practical guidance on responsible financing and investing in the palm oil sector © 2008 WWF International. All rights reserved. Any representation in full or in part of this publication must mention the title and credit the above-mentioned publisher as the copyright owner. The authors gratefully acknowledge the assistance of colleagues within WWF and other organizations in the preparation of this document. We would also like to thank Aswin Riva and Kisho Kumar for their technical advice, as well as Joel Posters (ABN Amro), Samantha Lacey (CIS), Maria Anne Van Dijk (Fortis), Simon Harris and Amol Titus (HSBC), Catherine Cassagne (IFC), Leonie Schreve (ING), Aninditta Savitry (Rabobank), Standard Chartered and Teoh Cheng Hai for their invaluable peer review comments on an earlier draft of this document. Design by Nina Narvsten (www.amazingearth.info). Production of this handbook has benefited from technical support by Profundo (profundo@profundo.nl). Profundo is an economic research consultancy specialized in the analysis of financiers, suppliers and clients of companies and policy options to stimulate them to operate in a socially responsible way. This publication also benefits from funding support to Profundo from Doen Foundation ( The Netherlands) This publication is made possible by the generous support of the American people through the United States Agency for International Development (USAID). The contents are the responsibility of WWF and...
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...annual report 2014 8 th annual general meeting Menara Hap Seng Jalan P. Ramlee, 50250 Kuala Lumpur, Malaysia. Monday, 25 May 2015 at 2pm. Contents Hap Seng Plantations Holdings Berhad | Annual Report 2014 16 Chairman’s Statement 56 51 Corporate Social Responsibility 2 3 14 16 22 35 Corporate Information Directors’ Profile Group Financial Highlights Chairman’s Statement Statement on Corporate Governance Statement on Risk Management and Internal Control 41 Board Committees 51 Corporate Social Responsibility Financial Statements 56 114 116 120 122 123 126 127 • Financial Statements Additional Information Particulars of Group’s Properties Plantation Statistics Share Buy-Backs Summary Analysis of Shareholdings Directors’ Shareholdings Notice of Annual General Meeting Proxy Form Hap Seng Plantations Holdings Berhad | Annual Report 2014 Corporate Information BOARD OF DIRECTORS Tan Sri Ahmad Bin Mohd Don Independent Non-Executive Chairman Datuk Simon Shim Kong Yip, JP Non-Independent Non-Executive Deputy Chairman Tan Sri Abdul Hamid Egoh Non-Independent Non-Executive Director Datuk Edward Lee Ming Foo, Managing Director Wong Yuen Kuai, Lucien Independent Non-Executive Director JP Lee Wee Yong Executive Director Au Yong Siew Fah Executive Director 2 Company Secretaries Cheah Yee Leng (LS 0009398) Lim Guan Nee (MAICSA 7009321) Registered...
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...EXECUTIVE SUMMARY PLUS OUD PLANTATION PROJECT THROUGHOUT PLUSHIGHWAY IN MALAYSIA USING EXTREME PROJECT MANAGEMENT METHOD The project will provide means to: (i) Contribute additional income to PLUS by using Extreme Project Management Method (ii) Rehabilitate the PLUS land bank to be the profitable agricultural area, and (iii) Provide a sustainable economic livelihood and job in the area and as a tourist attraction. The main objective of this project is to develop an Agarwood plantation on the land bank belong to plus highway using the Extreme Project Management Method. The plantation is located along north region of the plus highway from Perlis to Perak area. In the first Phase the total of 500,000 Agarwood tree will be planted on the plus land bank in 4 month started from 31 Jan 2016 until 15 May 2016. The total investment cost will be RM 11 million. The project life cycle is estimated for 15 years. Based on the financial analysis, the NPV IRR and MRR figures show that the project is financially viable. The projected cumulative net profit before tax estimated at RM392 million after 15 years life cycle. The company can ensure the success of this project based on the followings: i. The land is owned by Plus Highway. ii. The financial support by Plus. iii. The Oud Project is managed by an experience team consisting of two planters, one accountant and one engineer. There is no apparent serious risk or uncertainty involved as the Malaysian...
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...of the five busiest ports. Singapore has developed rapidly from a third world to a first world country in five decades by prioritizing the twin goals of developing a competitive economy and pursuing environmental sustainability. Both are important in order to attract investors and enhance quality of life. Singapore is resource-constrained, and imports most of its food, water and natural resources. As an island city-state, it has its own share of existing environmental challenges, particularly with air quality levels, in part due to regional transboundary haze. Having developed its industrial base and achieved high economic growth in the last four decades, current day Singapore is highly urbanized and industrialized. This has had a major impact on the environment—more pollution and waste generated. The challenge is especially great for Singapore as it is an island city-state with an area of only 704 square kilometers and a population of 4.59 million people. Its population density of over 6,500 persons per square kilometre is the fourth...
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...MASTERPLAN ACCELERATION AND EXPANSION OF INDONESIA ECONOMIC DEVELOPMENT 2011-2025 R EPUBLIC OF I ND ON ES IA Doc. Wijaya Karya Masterplan for Acceleration and Expansion of Indonesia Economic Development © Copyright Coordinating Ministry For Economic Affairs, Republic of Indonesia Published by Editor Design by : Coordinating Ministry For Economic Affairs : Deputy Minister for Coordinating Infrastructure and Regional Development, Coordinating Ministry For Economic Affairs : IndoPacific Edelman First Published 2011 All Rights Reserved Coordinating Ministry For Economic Affairs, Republic of Indonesia Masterplan for Acceleration and Expansion of Indonesia Economic Development Jakarta: Coordinating Ministry For Economic Affairs, 2011 212 pages; 28 x 30 cm ISBN 978-979-3754-14-7 Masterplan aCCeleratIOn anD eXpansIOn OF InDOnesIa eCOnOMIC DeVelOpMent 2011-2025 Coordinating Ministry For Economic Affairs Republic of Indonesia 6 Masterplan P3EI Abstract Doc. Astra Otoparts Doc. Wijaya Karya Doc. Wijaya Karya Table of Contents Preface from The President of Republic of Indonesia Abstract Historical Breakthrough in the Making of MP3EI 1. The Self-Sufficient, Advanced, Just, and Prosperous Indonesia A. Preface B. Acceleration and Expansion of Indonesia Economic Development C. Indonesia’s Position Within The Regional and Global Dynamics D. Indonesia’s Potential and Challenges E. Acceleration of Economic Transformation - A New Way of Working...
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...the support of AusAID. The opinions expressed herein are those of the author and do not necessarily reflect the views of AusAID. BRAVING IT and MAKING IT Insights from Successful Investors in Muslim Mindanao by Cielito F. Habito A joint publication of: ARMM Regional Board of Investments ARMM Business Council Management Association of the Philippines Through the support of the Australian Agency for International Development Edited by Ma. Salve I. Duplito Table Of Contents Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 iv La Frutera: Reaping The Fruit Case Study of La Frutera Inc., Datu Paglas, Maguindanao Background 3 The Company 5 Peculiar Challenges and “Success Secrets” 6 Synthesis 10 References 12 Agumil: The Promise of Palm Oil Case Study of Agumil Philippines Inc. Investments in ARMM, Maguindanao Background 13 The Maguindanao Investment 14 Peculiar Challenges and “Success Secrets” 18 Conclusion 21 References 21 BJ Coconut Mill: Catalyst for the Sulu Economy Case Study of BJ Coconut Oil Mill, Indanan, Sulu Background 22 Company Operations 23 Other Business Challenges 24 Pointers for Prospective Sulu...
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...America, Central Africa and South-East Asia. Each region is facing varying degrees of serious deforestation. The result being widespread loss of humid tropical forest “Between 1990 and 1997, 5.8 ± 1.4 million hectares of humid tropical forest were lost each year, with a further 2.3 ± 0.7 million hectares of forest visibly degraded.” (Achard et al. 2002) The heart of the problem lies beneath a tangled mess of socio-economic growth resulting in massive deforestation chiefly for the land. Commercial farmers using the land for cattle, soybeans, palm oil and monoculture tree farms take advantage of loose government regulations. The most common tactic for land for forest removal is “slash and burn” where existing vegetation is cut down and burned for fertilizer. This technique has major impacts on multiple cycles key to forest health. Most notably the hydrological cycle, the nitrogen cycle and the carbon cycle. If this trend continues there will be major changes in precipitation and air quality, both locally and globally. This combined with already worsening global climate problems may spell catastrophe. Due to differing levels of importance placed on this issue by the various countries involved solutions would have to be fine-tuned at the local level. Every solution needs stricter governmental regulation and policies enforcing sustainability, this coupled with standard forest management will curb significant...
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...pART 1 NEW ECONOMIC MODEL FOR MALAYSIA NEW ECONOMIC MODEL FOR MALAYSIA pART 1 High Income Rakyat Quality of Life Inclusiveness Sustainability NEAC National Economic Advisory Council Level 5 & 11, Menara Usahawan Persiaran Perdana, Precinct 2 Federal Government Administrative Centre 62652 PUTRAJAYA MALAYSIA NATIONAL ECONOMIC ADVISORY COUNCIL NEAC www.neac.gov.my NEAC NATIONAL ECONOMIC ADVISORY COUNCIL CHAPTRE NEW ECONOMIC MODEL F O R M A L AY S I A 1 Part I: Strategic Policy Directions Copyrights Reserved All rights reserved. No part of this publication may be reproduced, stored in retrieval system or transmitted in any form or by any means electronic, mechanical, photocopying, recording and/or otherwise without the prior permission of: Secretary National Economic Advisory Council Level 5 & 11, Menara Usahawan Persiaran Perdana, Precinct 2 Federal Government Administrative Centre 62652 PUTRAJAYA Tel.: 03-8888 6512/ 8888 6513 Fax: 03-8888 4638/ 8888 4177 Email: secretariat.neac@pmo.gov.my www.neac.gov.my Sales copies are obtainable from: Percetakan Nasional Malaysia Berhad Jalan Chan Sow Lin 50554 Kuala Lumpur Tel.: 03-9236 6888 Fax: 03-9222 4773 Email: cservice@printnasional.com.my __________________________________ Cover design and layout by Percetakan Nasional Malaysia Berhad Preface This report is the first of two documents by the National Economic Advisory Council (NEAC) on the New Economic Model (NEM). This report presents...
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