The government has finally agreed to bear the costs incurred by smallhold farmers for obtaining Indonesia Sustainable Palm Oil (ISPO) certification, a senior minister has said. Coordinating Economic Minister Darmin Nasution said in Jakarta on Wednesday that the funding program would be part of the presidential regulation on ISPO administration, which was expected to be…
Jakarta. Astra Agro Lestari has said in a statement they have made a series of preparations in anticipation of extreme weather changes and potential forest fires during this dry season. Working closely with the Regional Disaster Management Agency (BPPD), the National Police, the Army and the Environment and Forestry Ministry, Astra Agro already has 1,036 fire management personnel at the ready. The company’s…
KUALA LUMPUR, Aug 25 — The Ministry of Primary Industries will hold discussions with the Ministry of Agriculture and Agro-Based Industry as well as the Ministry of International Trade and Industry to discuss on measures to create a better trade balance between Malaysia and India for the palm oil market. Minister Teresa Kok said the…
THE JAKARTA POST/JAKARTA The government is lacking in strong measures to fight tariff barriers implemented by several palm oil export destinations, including India and the European Union, Indonesian Oil Palm Association (GAPKI) chairman Joko Supriyono has said. The country’s number one export commodity continues to face criticism over sustainability, such as deforestation issues raised by…
JAKARTA (Reuters) – Indonesia to issue a new palm sustainability regulation to give greater support for smallholders to get sustainability certificates, Coordinating Minister of Economic Affairs Darmin Nasution said on Wednesday. Under the new regulation, the government will fund certification process by Indonesia Sustainable Palm Oil (ISPO) for smallholders, he told reporters. The new decree,…
JAKARTA, July 31 (Reuters) – Indonesia’s Palm Oil Association (GAPKI) urged the government to increase import tariffs on dairy products from the European Union in retaliation for the bloc’s policies on palm oil. Exports of palm oil from the world’s top producer Indonesia to Europe are under threat after the EU decided that palm oil…
Palm oil is the wonderstuff of fats. It makes our cookies crunchier, shampoo bubblier and lipstick smoother, all for a fraction of the price of other oils. However, a recent media storm has cast a shadow on the industry. Headlines have exposed the mass deforestation at the hands of palm oil production, and all the…
C16 Biosciences is hoping to tap into the $88 billion global palm oil industry with its sustainable, lab-grown alternative, by first concentrating on replacing the use of palm oil in the skincare and cosmetic sector. Green startup C16 Biosciences has developed a lab-grown alternative to palm oil. Palm oil an industry that is estimated to…
Malaysia is set to replace Indonesia as the top palm oil supplier to India in 2019 as New Delhi has been charging lower import tax on refined palm oil shipments from Malaysia, giving Kuala Lumpur an edge over Jakarta, trade officials said. The rise in refined palm oil shipments will help refiners in Malaysia and…
Monday, 24 June 2019 | The Jakarta Post The European parliamentary elections last month resulted in a significant and challenging outcome, especially for the palm oil industry. Both the Greens (Greens European Free Alliance) and the far-right nationalists gained additional seats, while the center-right and centerleft lost their majority. The main agenda item for the…
