This Is What the Jokowi Administration Has Done to Support Indonesia’s Palm Oil Industry

jakartaglobe.id 2nd november 2018 Nusa Dua. The palm oil industry forms a vital part of the Indonesian economy and makes a significant contribution to gross domestic product, while the commodity itself is one of the country’s biggest sources of foreign exchange revenue. In view of the sector’s importance to the nation, President Joko “Jokowi” Widodo…

Lion Air, Gapki to Begin R&D on Bioavtur

Jakarta Globe | April 11, 2018 Jakarta. Lion Air Group, Indonesia’s largest budget airline operator, signed a memorandum of understanding with the Indonesian Palm Oil Association, or Gapki, on Tuesday (10/04) in Jakarta to conduct research, development and trials to explore alternative palm oil-mixed aviation fuel, known as bioavtur. The use of bioavtur, an aviation fuel that…

Almost Half The Profit

The Jakarta Post, 11 April 2018 Almost half the profit: PT Astra Agro Lestari president director Santosa (right) and the board of directors speak to journalists after the annual general shareholders meeting in Jakarta on Tuesday. The company gave out dividends to shareholders amounting to 45 percent of its net profit in 2017. (JP/Dhoni Setiawan)…

Commemorating the 30th Anniversary, Astra Agro Lestari Holds Bakti Program for the Country

INDUSTRY.co.id – Jakarta – Commemorating the age of 30 years, PT Astra Agro Lestari Tbk (AALI) held a Bakti program for the country throughout 2018. The program activities are divided into four major areas, namely environmental preservation, improvement of people’s economy, improvement of education, and health improvement. Agendanya, Bhakti for the State program is held…

Indonesia Ready for Trade War in Vegetable Oil Industry

Nusa Dua, Bali (ANTARA News) – Indonesia will be ready for a trade war, sparked by European countries, with their negative campaign against palm oil, Trade Minister Enggartiasto Lukita stated. A negative campaign against crude palm oil is merely an unhealthy competition in the vegetable oil business, Lukita stated at the International Palm Oil Conference…

Indonesia to accelerate land certification

One of the reasons hampering the acceleration of the oil palm tree replanting program is the fact that many plots still have unclear legal status, Agrarian and Land Spatial Planning Minister Sofyan Djalil said on Thursday. For that reason, the government aims to distribute five million free land certificates by the end of the year…