Skip to main content

Monsanto Indonesia optimistic produce 6,000 tons corn seeds

Tinuku ~ Monsanto Indonesia is optimistic to produce 6,000 tons of corn seeds. Biotechnology company targets the realization of corn seed production for the planting season from February to May 2017 of more than 6,000 tons of seed to meet domestic demand and is predicted to increase in the country as one of the largest population in the world.

Tinuku Monsanto Indonesia optimistic produce 6,000 tons corn seeds

Ganesh Pamugar Satyagraha as Managing Director of Monsanto Indonesia said the company is spurring production to produce hybrid corn seeds.

An increasing number of markets and food industries in the country need quality corn seeds. Mosanto said until the end of May 2017 production will be higher than last year.

"We have been preparing production starting planting from February to May this year and harvest in June to November," Satyagraha said, Tuesday, May 30, 2017.

This year's weather is better than last year with higher rainfall throughout the year that pushed the agronomic industry better.

The realization of corn seed absorption during September 2016 to February 2017 rose 368 percent to 2,944 tons compared to the previous period of only 800 tons.

Mosanto also increased biotechnology corn production by 2016 to 1,000 tons and will continue to increase this year.

Ganesh said the company no longer wants to import corn seeds. They have been able to produce corn biotechnology seeds.

Previously, Indonesia always imported corn seeds to fill the growing market demand. While the Philippines and Vietnam are still importing corn seeds an average of 2,000 tons per year.


Popular posts

Norwegian Coastal Administration prepare Stad Ship Tunnel construction to cut shipping lanes Stad peninsula

Tinuku ~ Norwegian Coastal Administration has begun Stad Ship Tunnel construction as the world's first ship tunnel to navigation bypass at Norway windy sea. A design made 1,700 meters long tunnel through the hills on the Stad peninsula which allows the ship to escape from one of the most dangerous region in the world.

PayPal acquired Sweden's for $2.2 billion

PayPal Holdings Inc. said on Thursday it had agreed to acquire Sweden's for US$2.2 billion. Startup headquartered in Stockholm is one of the most renowned financial technology companies in Europe where the deal will allow PayPal to expand the market globally and will mark the largest acquisitions ever made by a company based in San Jose, California.

iZettle offers a mini credit card device for small businesses that can turn smartphones and tablets into payment registers. The company has been present in 11 countries and offers other services for small businesses including loans. iZettle also has plans to go public.

The deal will also help PayPal provide a more comprehensive suite of services to its merchants, while PayPal that operates in the next 200 countries allows iZettle to accelerate its international expansion including the US. Similar services and major competitors in the US are Square Inc founded by Twitter CEO Jack Dorsey.

Since separating from eBay in 2015, P…

Foxconn unit to raise $4.2 billion IPO in Shanghai

Foxconn unit to collect US$4.2 billion in an IPO on the Shanghai stock exchange. Taiwan's Foxconn Industrial Internet as one of Foxconn's electronics manufacturing giant units that makes cloud services and industrial robot equipment will float 10% of total shares in an initial public offering in China on Thursday aiming to raise 27.1 billion yuan as China's biggest mainland debut for three year.

Taipei-based Foxconn, also known as Hon Hai Precision Industry Co. is the world's largest electronics contract manufacturer, a major supplier of components and assembler products by international brands including Apple and Sony. Foxconn Industrial Internet will launch 1.97 billion new shares at 13.77 yuan per share to raise 27.1 billion yuan (US$4.2 billion).

The IPO will be the largest in mainland China since 2015. Foxconn said it will use the funds raised to improve smart manufacturing, build an internet platform to connect factories, invest in cloud computing and fifth gener…