Better weather, fertiliser application expected to boost Indonesia’s CPO output by 11% in 2021

KUALA LUMPUR (Sept 24): Indonesia’s crude palm oil production (CPO) is expected to rise 11% year-on-year (y-o-y) in 2021, thanks to timely fertiliser application and better weather this year, said UOB Kay Hian Research. In a note, analysts Leow Huey Chuen and Jacquelyn Yow said the Indonesian Palm Oil Association (GAPKI) expects the republic’s domestic…

Minister highlights Indonesia’s clean energy strategies at CEM 11

Jakarta (ANTARA) – Indonesia’s Energy and Mineral Resources Minister Arifin Tasrif shed light on the country’s clean energy development strategies at the 11th Clean Energy Ministerial Meeting (CEM 11) and the 5th Mission Innovation (MI-5) organized virtually, Tuesday. Indonesia had copious renewable energy sources, including renewable energy potential of nearly 400 GW, Tasrif noted in…

‘Mutual recognition’: Indonesia calls on UK to adopt same standards for rapeseed as it wants for palm oil – exclusive insights

Indonesia has called on the United Kingdom to implement equivalent regulations for rapeseed oil as stipulated in the Due Diligence policy it is looking to apply to palm oil, in order to achieve proper ‘mutual recognition’ of each other’s regulatory frameworks. The proposed Due Diligence policy would make it compulsory for palm oil importers in…

Astra Agro to contain costs, maintain competitiveness amid volatile commodity prices

Publicly listed agribusiness company PT Astra Agro Lestari plans to focus on containing its costs amid fluctuating commodity prices in order to remain competitive and to boost profitability. The company’s revenue increased by 6.5 percent to Rp 9.08 trillion (US$623.78 million) during the first six months of the year compared with the corresponding period last…