ECONOMYNEXT – Sri Lana’s Carsons Cumberbatch Plc, which owns Indonesian oil palm plantations, said a new laws to protect forests had hit 12,152 hectares of land connected to group companies. “Changes relating to spatial planning and forest area management laws in the recent past have introduced additional requirements for plantation companies in Indonesia,” Carsons said in a stock exchange filing. “In compliance, relevant plantation companies of Goodhope Asia Holdings Ltd, a subsidiary of Carson Cumberbatch PLC and Bukit Darah PLC have submitted necessary applications to the relevant authorities. “Based on these new regulations, approximately 5,877 hectares of planted area and…
Sri Lanka’s Carsons says 12,000 hectares hit by Indonesia forest law
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