Indonesia booked a bigger-than-expected trade surplus in August as exports and imports beat forecasts, official data showed on Tuesday. The country reported a surplus of $2.89 billion last month, compared with $1.96 billion expected in a Reuters poll.Exports in August grew 7.13 per cent on a yearly basis to $23.56 billion, Statistics Indonesia said. The…
Malaysian palm oil futures ended marginally higher on Wednesday after industry data showed inventories in the world’s second-largest producer rose more than expected last month. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange closed up 16 ringgit, or 0.41%, at 3,901 ringgit a metric ton. On Tuesday, the Malaysian…
Worldwide vegetable production continues to increase alongside rising demand, according to US Department of Agriculture (USDA) data reported by Germany’s Union for the Promotion of Plants and Protein (UFOP). Palm and soyabean oils were likely to be significantly more abundant in 2024/25, more than offsetting the decline in sunflower oil, the 22 August report said.…
The Kerumutan Community Health Centre, with PT Sari Lembah Subur (SLS) assistance, is working to reduce the risk of stunting by growing moringa leaves. Harno, the head of the Kerumutan Health Centre, mentioned that since 2019, he and PT SLS have been collaborating to plant moringa leaves in every home in the Kerumutan area. Over…
Palm oil tree, a plant often associated with African vegetable oil, offers numerous benefits. The oil palm is highly productive and can be processed optimally, making it a valuable plant. Every part of the is essential and can be utilized, leaving no waste. PT Perkebunan Lembah Bhakti (PLB), a subsidiary of PT Astra Agro Lestari…
Indonesia, the world’s biggest palm oil exporter, plans to lower export levy rates of the tropical oil to improve competitiveness against rival vegetable oils and raise farmers’ income, a government official said on Wednesday. Palm oil typically trades at a discount to soft oils. However, it has lost the edge over soyoil and sunflower oil…
Pangkalan Bun (ANTARA) – Indah Makmur Junior High School, supported by PT Gunung Sejahtera Dua Indah (GSDI) and PT Gunung Sejahtera Yoli Makmur (GSYM) in Pangkalan Bun, Central Kalimantan (Kalteng), prioritizes the use of local languages, particularly Dayak, in their curriculum. On Tuesday, Neva Bella, a local teacher at Indah Makmur Junior High School in…
Foreign Affairs Minister Retno Marsudi on Monday revealed that African countries expressed their interest in increasing the capacity of their palm oil industry during their meeting with President Joko Widodo (Jokowi). “During the meetings with the President, what was requested a lot was capacity improvement in, for example, palm oil,” she said at a press…
Nigeria and Indonesia have signed a Memorandum of Understanding (MoU) aimed at advancing palm oil production and expanding market opportunities, with a focus on modernizing practices and improving income for smallholder farmers. The agreement, signed in Abuja by the National Palm Produce Association of Nigeria (NPPAN) and the Indonesian Palm Oil Association (GAPKI), marks a…
Sangatta – Two subsidiaries of Astra Agro Lestari (AAL), PT Borneo Indah Marjaya (BIM) and PT Palma Plantasindo (PPS), are encouraging the community of Paser Belengkong Sub-district, Paser Regency to manage waste into valuable products through the Bank Sampah Unit (BSU). ‘The waste bank started from waste around the housing complex that has not been…
Malaysian palm oil futures rose for a fifth consecutive day on Tuesday, sustaining its longest rally in six weeks, amid prospects of tightening supply and Indonesia’s plans to raise biodiesel blending rates. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 0.71% to 3,952 ringgit ($908.92) a metric…
PT Sari Aditya Loka (PT SAL), a subsidiary of Astra Agro, together with the Merangin Regency Government, has launched ‘Mama Chatting’, an innovative programme to reduce stunting in Merangin Regency. The programme was inaugurated at the Coordination Meeting for the Acceleration of Stunting Prevention (TPPS) held at the Bappeda Merangin Hall, (06/08/2024). PT SAL’s CSR…
Malaysian palm oil futures climbed for a third straight session on Friday to their highest in nearly three weeks as expectations of weak output in August and improving demand underpinned the contract. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange gained 43 ringgit, or 1.12%, to 3,869 ringgit ($884.95)…
President-elect of 2024-2029 Prabowo Subianto stated that the key to Indonesia’s prosperity lies in resources that can be managed and enjoyed by the nation itself. Prabowo conveyed this on his occasion to be a speaker at the Closing of the 6th Congress of the 2024 National Mandate Party which was held at the Kempinski Hotel,…
Mangroves are a collection of trees that grow in areas affected by tides. They have various environmental benefits. One type that is often found is the mangrove tree, which grows in many coastal regions. In Indonesia, mangroves are found in most coastal areas. Recently, there has been a decline in the growth of mangrove trees.;…
Indonesia plans to implement biodiesel containing a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, senior energy ministry official Eniya Listiani Dewi said on Thursday. Indonesia currently has a 35% mandatory blend for palm oil-based biodiesel, known as B35. The government had previously flagged a plan to increase the biodiesel blend to…
Palm oil producer Astra Agro Group, through its subsidiary PT Perkebunan Lembah Bhakti (PLB), declared its commitment to continue supporting the education of school-age children in Aceh, especially in the company’s operational plantation areas. Community Development Area Manager Aceh Riduan Manik has announced the company’s dedication to providing education on the plantation for all children…
Indonesian Agriculture Minister Andi Amran Sulaiman conducted the soft launch of B50 Biodiesel in South Kalimantan, marking a historic milestone in national energy independence, which is a grand vision for Indonesia over the next 5-10 years. “This is a great idea from the current President and the President-elect. Indonesia will become a food granary and…
Agriculture Minister Andi Amran Sulaiman conducted a trial on the implementation of B50 biodiesel in South Kalimantan on Sunday. This trial is a crucial step toward achieving national energy independence, aligned with Indonesia’s vision for a sustainable energy future. “In this trial, the B50 showed a promising result. The engine also sounds good,” he conveyed…
Palm oil advanced for a second day thanks to strong demand from the world’s biggest buyer, India, and a weaker Malaysian currency, which made the tropical oil more attractive for overseas buyers. Indian traders have been very active in the last two days, said Paramalingam Supramaniam, a director at Selangor-based broker Pelindung Bestari. The physical…
