FGV Annual Report 2014
Prior to the listing of FGV on the Main Market of Bursa Malaysia Securities Berhad in June 2012, prospects for agricultural commodities business were encouraging. Prices for agricultural commodities like palm, sugar, rubber, corn, wheat and soybean were trending upwards. However, the decline in commodity prices of the edible oil segment have put the agricultural commodities businesses under pressure. Global Economic Condition Resource Scarcity and Climate Change Demographic and Social Change Geopolitical Uncertainty • International Monetary Fund (IMF) forecasting a slow down in global growth rates • Fall in commodities prices and devaluation of Ringgit • Anti palm oil sentiment • Deforestation issues • Land limitation in Malaysia • Increasing focus on the ‘green’ agenda and sustainable business practices • Increasing population growth • Growing middle class and changing dietary habits • Increasing urbanisation • Indonesia, China and Africa • Increasing regulatory burden Global key trends that impact markets we operate in Felda Global Ventures Holdings Berhad pg 56 MARKET RISKS & OPPORTUNITIES
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