Indonesia, Uzbekistan Strengthen Vegetable Oil Industry Cooperation Through MoU Signing in Tashkent

TEMPO.CO, Tashkent, Uzbekistan – The Indonesian Palm Oil Association (GAPKI) and the Uzbekistan Fats & Oils Association/Assotsiasiya “Uzyog’moysanoat” signed a Memorandum of Understanding (MoU) to establish cooperation in the field of expertise exchange in vegetable oil production and processing at Tashkent International Hotel in Uzbekistan, September 14, 2023, according to the Indonesian Embassy in Tashkent. Based…

Indonesia’s Economic Growth Exceeds 5% for 7th Consecutive Quarter

Jakarta. Indonesia’s economy expanded by 5.17 percent in the second quarter of 2023, continuing its robust recovery following the Covid-19 pandemic and positioning the nation among the world’s top-performing economies in key indicators, Chief Economic Minister Airlangga Hartarto said on Monday. This latest data marks the seventh successive quarter in which the economy has grown by…

Indonesia Expat Pertamina of Indonesia Introduces Gasoline Containing 5 percent Ethanol Blend

Indonesia’s state-owned energy company, Pertamina, has introduced a new gasoline product that includes 5 percent bioethanol derived from sugar molasses. This move is part of the country’s efforts to enhance the availability of renewable fuels. Pertamina has recently commenced sales of “Pertamax Green 95,” a premium gasoline blended with 5 percent bioethanol, in both Jakarta…

Indonesia to expand palm growing area

Indonesia aims to accelerate its oil palm replanting programme to double the area it covered between 2017 and 2022 in an effort to maintain production, according to a government official. The world’s biggest palm oil producer launched a subsidised palm replanting programme for smallholders in 2017 to boost output without clearing more forested land and to help…

Indonesia, Malaysia criticise EU for ‘discriminatory and punitive’ actions against palm oil sector

Following a joint trade mission to the European Union (EU), Malaysia and Indonesia criticised the European Union Deforestation Regulation (EUDR) as “inherently discriminatory and punitive in nature”. In a joint statement on Wednesday (May 31), both countries warned that the regulation would have detrimental effects on international trade and also hinder the palm oil industry’s…