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Golden Agri eyes continued downstream diversification

This strategy could help offset firm's higher cost of production amid tough economic environment

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A Golden Agri-Resources official says that although the palm oil sector has "traditionally been quite conservative and very manual" in most aspects of its operations, the company is now using technology to delve deeper into the operational performance of its plantations.

Singapore

A FALL in crude palm oil (CPO) prices in the first half of this year could make 2020 challenging for the Singapore-listed palm oil counters, but Golden Agri-Resources (GAR) appears to be having a particularly tough time. The company, already loss-making, has a higher cost base...

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