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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…
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Jakarta. China will likely purchase 8 million tons of Indonesian palm oil in 2024 after imports suffered a decline amid the Covid-19 pandemic, according to an association of the commodity’s producers. Beijing has been the top buyer of Indonesian palm oil by country since 2019 with imports reaching 8.15 million tons that year. However, the pandemic caused China…
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…
Jakarta – The government will apply biodiesel 35 or B35 simultaneously nationwide starting Tuesday, August 1. B35 is a fuel with 35 percent biofuel (BBN) mixed into fuel oil (BBM). The B35 was first launched on February 1 this year. “Since February 1, some places actually already have B35. But there are still several [business entities] terminals…
Jakarta – A Trade Attache to the Indonesian Embassy for Riyadh, Saudi Arabia stated that Saudi Agriculture and Livestock Company (SALIC) is interested to invest in vegetable oil products or palm oil in Indonesia. “Concerning edible oil, SALIC is very interested to cooperate with Indonesia and Indonesia is one of the biggest crude palm oil…
