On Oct. 13, Procter & Gamble (P&G) received a stunning rebuke from two-thirds of its voting shareholders, who sent a message that the company is failing to protect communities, forests and the global climate throughout its supply chain. More than 100 days later, P&G, which manufactures Charmin toilet paper entirely from virgin forest fiber, has yet to demonstrate…
The application of disruptive technologies will be the driver of innovations in all sectors including the palm oil industry, Minister of Plantation Industries and Commodities Datuk Dr Mohd Khairuddin Aman Razali said. He said technologies have been innovated and improved to boost the effectiveness and competitiveness of the upstream, midstream, and downstream sectors of the…
The new ASEAN–EU Strategic Partnership announced on 1 December 2020 marks a turning point in the relationship between the two regional organisations — not only has the donor–recipient dynamic of previous decades disappeared, but now the European Union may need ASEAN more than ASEAN needs the European Union. The strategic partnership contains cooperative arrangements on a wide…
Indonesia, the world’s fourth most populous nation, and 10th largest economy in terms of purchasing power parity, has made enormous gains in poverty reduction – cutting the poverty rate by more than half since 1999, to 9.78 percent in 2020. Nevertheless, out of a population of 270.2 million, an estimated 26.42 million Indonesians still live…
Economist at UOB Group Enrico Tanuwidjaja evaluates the latest trade balance figures in Indonesia. “Indonesia posted another trade surplus of +USD2.0bn in January 2021, slightly narrower from December 2020’s +USD2.1bn. This marked a ninth-straight month of trade surplus since May 2020.” “Exports slowed by +12.2% y/y in January to USD15.3bn (vs. December’s +14.6%) following lower…
