Promote biofertilisers as alternative to chemical ones

BIOFERTILISERS are “natural fertilisers that contain living microorganisms (live biomass or dormant cells of effective microbial strains) which, when applied to seed, plant surfaces, or soil, colonises the rhizosphere (i.e., plant-root interface) and promotes growth by increasing the supply or availability of primary nutrients to the host plant”. The term, “rhizosphere” refers to “the soil…

Indonesia Export Levy Revision to Support Crude Palm Oil Prices, Stability Key

Fitch Ratings-Singapore/Jakarta-08 December 2020: The revision in Indonesia’s export levy structure should support Indonesia’s biodiesel consumption growth in 2021 by boosting collections to fund the subsidy burden, Fitch Ratings says. This will also support crude palm oil (CPO) prices, and the Malaysian benchmark should average higher than our assumption of USD560/tonne (t) in 2021. However,…

Inclusive Closed-Loop Model Key to Improve Oil Palm Smallholders’ Productivity and Livelihood: Kadin

Jakarta. The inclusive closed-loop model has helped improve the vulnerable oil palm smallholders’ productivity and well-being, key for increasing Indonesia’s palm oil productivity over the next few decades, a powerful business lobby said on Thursday. The inclusive closed-loop model puts farmers at the center of palm oil production, connecting them with palm oil companies, banks,…

Gov’t Continues to Promote Resilient and Sustainable Palm Oil Industry

Jakarta. Coordinating Minister for Economic Affairs Airlangga Hartarto ensures the government will continue to bolster both the palm oil industry’s economic resilience and socio-environmental sustainability through a string of policies. According to Airlangga, the agricultural, forestry, and fisheries sector is the third-largest contributor to Indonesia’s GDP. Social distancing measures across various regions have disrupted the…