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Indonesia Considers To Rise Palm Oil Export Levies

JAKARTA (TheInsiderStories) - Indonesian government plans to rise palm oil export levies to support expansion of its palm biodiesel programs, said senior minister on Wednesday (02/26)....

Indonesia’s Trade Minister Visit India, Looking More Trade

JAKARTA (TheInsiderStories) - To reaches the trade values target worth of US$50 billion by 2025 with India, Indonesia' trade minister plans to visit New...

Indonesia’s Palm Oil Export Rises Single Digit in 2019

JAKARTA (TheInsiderStories) - Indonesia Palm Oil Association (GAPKI) reported the country export recorded 36.18 million tons (MT) of crude palm oil (CPO) in 2019 amid the...

Indonesia Prepares Lawsuit Against EU Over Palm Oil Dispute

JAKARTA (TheInsiderStories) - Indonesian government prepared a lawsuit against the European Union (EU) over the palm oil dispute, said vice minister of trade today...

Moody’s Downgrades Sawit Sumbermas Rating to B3

JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded the corporate family rating of PT Sawit Sumbermas Sarana Tbk (IDX:SSMS) to B3 from B2. At the same time, Moody's...

Morning Briefing: Bank Indonesia Announces 2020’s Guidances

JAKARTA (TheInsiderStories) - Good Morning! Today, Bank Indonesia (BI) will deliver the central bank' guidance for 2020. At the yearly meeting, President Joko Widodo its...

B30 Will Absorbs Additional 3MT of CPO in 2020, says VP

JAKARTA (TheInsiderStories) - Indonesian Vice Presiden Ma'ruf Amin, said the implementing of 30 percent biodiesel use (B30) will absorb 3 Million Tons (MT) of crude palm...

Morning Briefing: Working Cabinet End Today, Brexit Deal

JAKARTA (TheInsiderStories) - Good Morning! Today, Working Cabinet under the leadership of Joko Widodo - Jusuf Kalla will end. During the five years of their reign,...

Weekly Briefing: Trade War, Brexit still the Major Issues This Week

JAKARTA (TheInsiderStories) - Good Morning! The week ahead includes a key Brexit deadline and on-going United States - China tariff developments, with US tariffs set to...

Morning Briefing: Board of the Fed Has a Different Opinion on...

JAKARTA (TheInsiderStories) - Good Morning! Board of governors United States (US) Federal Reserves has a different opinion on the fed fund rate. In the minutes meeting released...

Indonesia Import Sugar, Rice from India to Cut Trade Deficit

JAKARTA (TheInsiderStories) - Indonesia has decided to import sugar and rice from India, as a move to cut the trade deficit between the two...

Morning Briefing: China Offers Trade Peace to US

JAKARTA (TheInsiderStories) - China offered to exclude the first set of lists of United States (US) goods to be excluded from the round of additional tariffs,...

Indonesia, EU Will Negotiates Palm Oil Dispute

JAKARTA (THeInsiderStories) – Indonesia will negotiate a palm oil dispute with European Union (EU) which plans to provide a proposal to impose import duties...

A Glimmer of Hope Indonesian CPO Exports Rises to India

JAKARTA (TheInsiderStories) - Indonesia got a good news from India on the crude palm oil (CPO) export. According to a senior official at the Industry ministry, India'...

Morning Briefing: BI is Expecting to Cut Interest Rate

JAKARTA (TheInsiderStories) – Good morning! Indonesian central bank (BI) meeting today to take position on its monetary stance. On June 20, the Bank maintained a...

Indonesian Palm Oil Exports Erodes by the Regulation, says GAPKI

JAKARTA (TheInsideStories) - Palm oil exports have begun to erode over the foreign policies on some of Indonesia' main export destinations, especially to India,...

Morning Briefing: Winners of Indonesia’s 2019 Presidential Election Set on May...

JAKARTA (TheInsiderStories) — Good morning! General Election Commission (GEC) set the winners of Indonesia' 2019 presidential election on May 28, said the chairman. Aried...

Morning Briefing: Iran, Saudi Tension May Hit Global Oil Price

JAKARTA (TheInsiderStories) — Good morning! Yemen Houthi’ drone targeting to attack two Saudi Arabian’ tankers and main pipe channels is considered not only hitting...

Morning Briefing: Today, US Charges China’s Goods 25%

JAKARTA (TheInsiderStories) — Good morning! Starting today United States will charge US$200 billion Chinese goods 25 percent from earlier only 10 percent. President Donald...

Morning Briefing: China’s Belt and Road Vows Slashing Debt Risk

JAKARTA (TheInsiderStories) — Good morning! In the One Belt One Road Initiative Summit in Beijing, Chinese official said that the program sustainably aims to...

Indonesia Negotiates Palm Oil Discrimination in Brussels

JAKARTA (TheInsiderStories) – Indonesia is mobilizing all its resources to conduct international negotiations against palm oil discrimination carried out by the European Union (EU)....

Morning Briefing: CPO Banned by EU, Indonesia Threatens Retaliation

JAKARTA (TheInsiderStories) — Good morning! Disagree with European Union restriction on palm oil, Indonesia threatened to ban imports of some goods from the EU...

Tangled by Debts, Indonesia’s Golden Plantations to Sell Asset

JAKARTA (TheInsiderStories) — Two subsidiaries of PT Golden Plantation Tbk (IDX: GOLL), PT Bumiraya Investindo and PT Airlangga Sawit Jaya are tangled by debts,...

Indonesia: Europe Do Outright Discrimination Against CPO

JAKARTA (TheInsiderStories) -- Indonesia government strongly opposes European Union (EU) decision to adopt the Draft Delegated Regulation, said government official on Monday (03/18). The...

Joko Supriyono: Indonesian Palm Oil Industry Needs to Strengthen Political Trade

JAKARTA (TheInsiderStories) – Indonesian palm oil industry is currently facing concern due to the negative campaign of the European Union (EU) and the United...

Indonesia’s Salim Ivomas Withdraws RSPO Membership

JAKARTA (TheInsiderStories) – PT Salim Ivomas Pratama Tbk (IDX: SIMP), which is engaged in palm oil production in Indonesia, has withdrawn from the Roundtable...

Morning Briefing: Indonesia, Australia will Signs FTA on Monday

JAKARTA (TheInsiderStories) — Good morning! Indonesia and Australia will sign a free trade agreement on Monday (03/04), ending months of uncertainty. The discussion was stopped...

Three Palm Oil Producers Blusters amid EU’s Discrimination

 JAKARTA (TheInsiderStories) – Indonesia and two world largest palm oil producers, Malaysia and Colombia, have blustered and committed to finding the best solution amid the...

Morning Briefing: Indonesia Asks International’s Help to Save Palm Oil Future

JAKARTA (TheInsiderStories) – Good morning! Indonesia will address the importance of the palm oil as the commodity supply is under threat. As one of the...

Indonesia, India Agrees to Reduce Palm Oil Products Import Duty

JAKARTA (TheInsiderStories) – Indonesia and India continue to establish trade partnerships on various trade activities, such as reducing palm oil import duties, tariff and...