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Indonesia’s Land Crackdown Dents Genting Plantations’ Profits
Bloomberg
Published about 13 hours ago

Indonesia’s Land Crackdown Dents Genting Plantations’ Profits

Bloomberg · Feb 26, 2026 · Collected from RSS

Summary

Indonesia’s drive to fine resource companies over alleged misuse of lands cut into Genting Plantations Bhd.’s earnings in the latest quarter, with the Malaysian-listed planter forking over about $25 million to a task force that is reshaping the palm sector in the world’s biggest producer of the edible oil.

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