Turf Club lifts restrictions on 140 horses
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07 September 10
The Strait Times
RESTRICTIONS imposed on 140 horses following a case of Strangles at the Singapore Turf Club (STC) were lifted yesterday after test results from the Agri-Food & Veterinary Authority (AVA) returned negative.The horses are now allowed to work and race. They were isolated and barred from racing and track work last week as a precaution after one of two horses from Australian trainer Brian Dean tested ...
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Supermarts ink more veggie deals
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03 September 10
The Strait Times by Jessica Lim
SUPERMARKETS in Singapore are increasingly signing contracts with farms here and abroad for an assured supply of greens and meats on their shelves. These contracts, which require farmers to supply the goods at specified quantities and prices, keep supply and prices stable for consumers here. The number of such contract-farming deals made by supermarket chains NTUC FairPrice and Cold Storage ...
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Reward raised as witnesses yet to step up
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01 September 10
The Strait Times by Kimberly Spykerman
THE recent death of a pomeranian that was repeatedly hurled against a wall by a man has galvanised animal lovers into action. In a bid to ferret out who he is, a group of 11 animal lovers pledged more than $2,000 as a reward to bring the assailant to justice. Now, in less than two weeks, the reward has gone up to $3,400 - which includes the $1,000 offered by the Society for the Prevention of ...
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Supply crunch pushes up garlic prices
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29 August 10
The Strait Times by Melissa Pang
Floods in China and a poor harvest have driven the price of garlic up. Mr Li Li Neng, vice-chairman of the Singapore Fruits and Vegetables Importers and Exporters Association, said prices of the plant, a staple in Asian cuisine, have risen by up to 20 per cent. 'Supplies were late because of the disaster in China, but stocks have arrived,' he said, adding that prices should drop in about two ...
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Olam's Q4 net almost doubles to $92.3m
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27 August 10
The Business Times by Felda Chay
HIGHER sales and commodity prices helped Olam International almost double its fourth-quarter net profit to $92.3 million. The commodity supply chain manager saw revenue jump 31.1 per cent year-on-year to $3.2 billion for Q4 ended June 30. The results translate to earnings per share (EPS) of 4.58 cents, compared with 2.72 cents a year back. The solid Q4 showing propelled Olam's full-year earnings ...
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Zoo plants bamboo to feed pandas
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26 August 10
The Strait Times by Grace Chua
NEARLY all spare land at the Singapore Zoo has been mobilised - for bamboo planting. The jade-green clumps are in preparation for the arrival of a pair of giant pandas from China, which will be in residence at the River Safari attraction opening in 2012. As each animal consumes about 20kg of the fibrous plant matter every day, Wildlife Reserves Singapore (WRS), the parent company of the zoo, ...
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Wilmar sweetens sugar craving with 2 more purchases
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24 August 10
The Business Times by Angela Tan
NEARLY two months after Wilmar International Ltd shocked the market with its A$1.75 billion (S$2.11 billion) purchase of Australian conglomerate CSR Ltd's sugar business, the Singapore-listed palm oil group yesterday unveiled two more purchases in the sugar industry, making it four acquisitions in two months. Yesterday, Wilmar - the world's largest palm oil group - said it had bought PT Jawamanis ...
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Hunger to be own boss leads to cattle feed foray
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18 August 10
The Strait Times by Lee Su Shyan, Deputy Money Editor
GOING into the agricultural business would seem unlikely for someone who grew up in highly urbanised Singapore, but entrepreneur Mohammad Farid Mohd Nor has found it a rich field of opportunity. Mr Farid's company, CK Agrifeed, supplies feed in the form of pellets to goat and cattle farmers in Malaysia, a seemingly improbable venture which went into the black after just two years, with turnover ...
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Petra Foods Q2 earnings rise 58% to US$9.6m
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13 August 10
The Business Times by Karen Ng
PETRA Foods yesterday reported a 58.4 per cent year-on-year surge in second-quarter net profit to US$9.6 million, from US$6.1 million a year back. The manufacturer and supplier of cocoa ingredients and branded consumer confectionery products attributed the improvement to a 29.2 per cent gain in sales to US$373.3 million and to higher margins. Earnings per share for the three months ended June 30 ...
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Golden Agri's profits up 20% on rising prices
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12 August 10
The Strait Times by Jessica Cheam
A DAY after an independent report on alleged deforestation activities by mainboard-listed Golden Agri-Resources was released, its senior management said the report 'speaks for itself' and that the claims by Greenpeace gave a false impression of the company.Executive director Rafael Concepcion told a press briefing that claims by environmental group Greenpeace, which has been campaigning against ...
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Supplies in Singapore unaffected, prices stable
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06 August 10
The Strait Times
WHEAT prices went up elsewhere on Wednesday, but importers in Singapore are confident that the situation here will remain stable for now.Major local importers, who use the grain to make products such as flour, say it will take some time for the higher prices to take hold here.This is because they practise what is known as 'forward buying', which means they secure the prices of their stocks months ...
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Danny brings home the bacon
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04 August 10
The Strait Times by Rachel Au-Yong
SOME children want to be lawyers, doctors or police officers when they grow up, but few dream of selling pork for a living. Yet Mr Danny Ong, 44, founder and managing director of home-grown pork processor and distributor Ong Joo Joo Food Industries (OJJ), has always been passionate about pork. As a little boy, the son of pork butchers would collect cash at his parents' Lorong Tai Seng stall. At ...
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Singapore's food joint venture is safe
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30 July 10
The Strait Times
A PLANNED agricultural project being jointly built by Singapore and the Chinese authorities sits at the Songhua River in Jilin province, but it is in no danger from the chemical spill, say its Singapore investors.All the sites identified for the Jilin-Singapore Agriculture and Food Zone in Yongji County are located on high ground and upstream of the area of the spill, a Singapore Food Industries ...
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Rein in puppy mills: Animal welfare groups
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29 July 10
The Strait Times
ANIMAL welfare groups put out a joint call yesterday for higher standards at pet farms to curb unethical dog breeding, or 'puppy mills'.The statement comes four months after rescuers found 85 breeding dogs at a Pasir Ris farm neglected and suffering from severe skin and health issues.The animal groups also met the Agri-Food and Veterinary Authority (AVA) earlier this month to recommend more ...
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Cambodia rolling out red carpet for S'pore firms
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27 July 10
The Business Times by Lee U-wen
CAMBODIA is rolling out the red carpet for Singapore companies to invest there, with the invitation coming from none other than the kingdom's Prime Minister Hun Sen. The 59-year-old leader, who is in Singapore for a three-day bilateral visit, told a business luncheon yesterday that he was 'personally committed' to ensure a 'conducive and friendly business environment' for all those keen to expand ...
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