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Indonesia: Triputra Agro Develops Palm Oil and Biogas Plants

JAKARTA (TheInsiderStories) - The new listed company, PT Triputra Agro Persada Tbk (IDX: TAPG) plans to build two new palm oil mills, one palm kernel oil...

Indonesia’s Dharma Satya Prepares US$47M to Build Six Bio-CNG

JAKARTA (TheInsiderStories) - Palm oil producer, PT Dharma Satya Nusantara Tbk (IDX: DSNG) prepared US$47 million to construct six bio compressed natural gas (CNG) plants, said...

Indonesia’s Triputra Agro Offers 4.65% Shares to Investor

JAKARTA (TheInsiderStories) - The plantation firm, PT Triputra Agro Persada Tbk plans to offer as much as 925 million shares or 4.65 percent of total issued...

Switzerland Exempts Indonesian CPO Import Duty

JAKARTA (TheInsiderStories) - In the midst of a dispute over the palm oil issues with the European Union (EU), Switzerland sending a good news to Indonesia. The...

Indonesia’s PTPN 3 to Spends US$479M in This Year

JAKARTA (TheInsiderStories) - State run holding company, PT Perkebunan Nusantara III (PTPN 3) allocated a capital expenditure Rp6.7 trillion (US$472.83 million) in this year, the management...

Indonesia and Malaysia Sign Palm Sludge Oil Sales Agreement

JAKARTA (TheInsiderStories) - Indonesia and Malaysia work together to increased palm oil trade between the two countries by signed a memorandum of understanding on the domestic palm...

India Lowering Import Tax for CPO from 27.5% to 17.5%

JAKARTA (TheInsiderStories) - India slashed the basic import tax on crude palm oil (CPO) from 27.5 percent to 15 percent but rises the levy to 17.5...

Indonesia’s Dharma Satya to Spends US$71 M in This Year

JAKARTA (TheInsiderStories) - Publicly listed firm, PT Dharma Satya Nusantara Tbk (IDX: DSNG) allocated funds up to Rp1 trillion (US$71.43 million) in this year to...

Indonesia’s FAF Agri Go IPO, Eyes Fresh Funds US$71M

JAKARTA (TheInsiderStories) - A local firm engaged in palm oil businesses, PT FAP Agri Tbk, plans to list its shares (IPO) on the Indonesia Stock...

GIMNI: Indonesia’s CPO Productions 48.4MT in 2021

JAKARTA (TheInsiderStories) - The Indonesian Vegetable Oil Industry Association (GIMNI) projects that crude palm oil (CPO) production in 2021 will grow by around 3 percent to...

Hartarto: Indonesian CPO Prices to Reach US$668/MT in 2021

JAKARTA (TheInsiderStories) - Senior minister for economic affairs, Airlangga Hartarto, predicted Indonesia' crude palm oil (CPO) will touches US$668 a metric ton (MT) of CPO in...

Indonesian CPO Exports Fell 14.3% Amid the Lower Demands

JAKARTA (TheInsiderStories) - The Indonesian Palm Oil Association (GAPKI), reported Indonesian palm oil products and derivatives in August fell by 14.3 percent to 2.68 million tons...

After Salim, Sinar Mas Group Enters Brazilian Sugar Market

JAKARTA (TheInsiderStories) - Golden Agri Resources Ltd., established a new sugar unit, Golden Agri-Resources Brasil Sociedade Limitada Unipessoal (GAR Brazil), to enter Brazilian market, said...

Indonesia’s Dharma Setya to Build Two Palm Oil Factories

JAKARTA (TheInsiderStories) - Palm oil producer, PT Dharma Satya Nusantara Tbk (IDX: DSNG) plans to build two new palm oil mills in East Kalimantan starting...

Indonesia’s Palm Oil Export Drops to US$10B in the 1H of...

JAKARTA (TheInsiderStories) - The Association of Indonesian Palm Oil Producers (GAPKI) reported that the value of crude palm oil (CPO) exports in the first half...

Ryan Harris Controls Bakrie Sumatera Plantantion’s Shares

JAKARTA (TheInsiderStories) - Ryan Harris, owner of a salt producer, PT Unichem Candi Indonesia control the plantation producer firm, PT Bakrie Sumatera Plantations Tbk...

M.P. Evans Group Sold Assets to Expand Palm Oil Project in...

JAKARTA (TheInsiderStories) - The British' firm, M.P. Evans Group PLC (MPE) announced an agreement to dispose of 70 hectares of land owned by its unit, Bertam...

Indonesia’s CPO Exports Fell to 12.73 MT until May 2020

JAKARTA (TheInsiderStories) - The Indonesian Palm Oil Association (GAPKI) reported that exports of crude palm oil (CPO) and its derivatives until May 2020 period...

Morning Briefing: Indonesia’s State Revenues Slows due to the COVID-19

JAKARTA (TheInsiderStories)  - Good Morning! Deputy vice minister of finance, Suahasil Nazara reported, until April, Indonesia' budget deficit at 0.44 percent of gross domestic...

Indonesian Palm Oil Exports Drop Sharply in Jan – Feb 2020

JAKARTA (TheInsiderStories) - Indonesia’ palm oil exports and its derivatives dropped nearly to 34 percent from 6.6 million tons (MT) to 4.93 MT in the first two...

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...
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