<div class=newsTextDataWrapInner><p>SINGAPORE (Jan 20): Global food and agri-business Olam International is reorganising its business into two new distinct operating groups focusing on food ingredients and global agri-business.</p></div>

<div class=newsTextDataWrapInner><p>The revamp is part of the group's new strategic plan set out in January last year and is expected to the group’s portfolio and sharpen its focus.</p></div>

<div class=newsTextDataWrapInner><p>It will also enable investors to participate in two diverse themes via potential carve-outs or initial public offerings (IPOs), the group reported on Monday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p><em>For the full story, visit <a href="https://www.theedgesingapore.com/news/restructuring/olam-reorganises-mulls-ipo-business-units" target="_blank">www.theedgesingapore.com</a>.</em></p></div>


Global food and agri-business Olam International is reorganising its business into two new distinct operating groups focusing on food ingredients and global agri-business.

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Moody’s Ratings cut France’s credit grade, heaping pressure on the new government to bring a ballooning deficit under control after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute.

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Lembaga Tabung Haji (TH) is expected to start issuing offer letters to selected prospective pilgrims for the 1446H/2025M hajj season starting Monday (Dec 16).

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The Ministry of Domestic Trade and Cost of Living (KPDN) will reintroduce special zones for the sale of non-subsidised controlled goods in border areas to address leakages.

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US Treasury Secretary Janet Yellen told Reuters on Friday that the US is looking at further sanctions on "dark fleet" tankers and will not rule out sanctions on Chinese banks as it seeks to reduce Russia's oil revenue and access to foreign supplies to fuel its war in Ukraine.

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<p>Various positive indicators have boosted confidence in the national growth outlook, including the recovery of the ringgit, inflation remaining manageable, and unemployment staying low, according to Finance Minister II Datuk Seri Amir Hamzah Azizan.</p>


<p>Lembaga Tabung Haji (TH) is expected to start issuing offer letters to selected prospective pilgrims for the 1446H/2025M hajj season starting Monday (Dec 16).</p>


<p>MicroStrategy will be added to the tech-heavy Nasdaq-100 Index, the exchange operator said on Friday, following a meteoric surge in the shares of the bitcoin buyer.</p>


<p>The Ministry of Domestic Trade and Cost of Living (KPDN) will reintroduce special zones for the sale of non-subsidised controlled goods in border areas to address leakages.</p>


<p>Moody’s Ratings cut France’s credit grade, heaping pressure on the new government to bring a ballooning deficit under control after far-right leader Marine Le Pen toppled the previous prime minister over a budget dispute.</p>


<p>It should not have come as such a surprise that US voters were largely unmoved by the Democrats’ warnings that Donald Trump poses a grave threat to American institutions. In a January 2024 Gallup <a href="https://news.gallup.com/poll/548120/record-low-satisfied-democracy-working.aspx" target="_blank">poll</a>, only 28% of Americans (a record low) said that they were satisfied with “the way US democracy is working.”</p>
