Tag: palm oil
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...
Morning Briefing: Indonesian Consumers Confidence Index Slow Down in January
JAKARTA (TheInsiderStories) – Good morning! Indonesian Consumers Confidence Index in January recorded at 125.5 points, or decreased from 127 points in December 2018, central bank...
Morning Briefing: Expect Fortune Follows Chinese New Year
JAKARTA (TheInsiderStories) -- Good morning and happy chinese new year! With high expectation of profit, Indonesian financial market did not show gain at the...
Indonesia to Challenges EU on Renewable Energy Case
JAKARTA (TheInsiderStories) – As the world's largest palm oil producer, Indonesia intends to challenges the European Union' (EU) directive regarding renewable energy, which is...
Moody’s revises Sawit Sumbermas’ Ratings Outlook to Negative
JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the B1 corporate family rating (CFR) of Sawit Sumbermas Sarana Tbk (P.T.) (SSMS) and the B1 senior...
Morning Briefing: Waiting for US-China Trade Talks Result
JAKARTA (TheInsiderStories) -- United States (US) and China will have another round talk, as an attempt to end the trade war. Chinese Vice Premier...
Morning Briefing: Indonesia to Simplify Regulations to Boost Exports
JAKARTA (TheInsiderStories) — Good morning! As an effort to boost export, Indonesia will release a new instrument for short-term and medium to long-term, said...
Indonesia Sets Palm Oil Levy Zero to US$50 a Ton
JAKARTA (TheInsiderStories) - Indonesian government to implement zero export levy for palm oil products, if the prices below US$570 a ton, said Ministry of Finance (MoF) on Tuesday...
Sumatra Has Potential to Become Palm OIl Downstream Industrial Center
JAKARTA (TheInsiderStories) - Sumatra Island is expected to be able to transform into a downstream industrial center for palm oil derivative products, rather than just exporting...
Indonesia, Malaysia Taking Strategic Steps on Palm Oil Policies
JAKARTA (TheInsiderStories) - In the 5th Ministerial Meeting Council of Palm Oil Producing Countries (CPOPC) in Malaysia, the country members agreed on taking some strategic steps...
Morning Briefing: Rupiah Continues Gaining Power due to Foreign Inflow
JAKARTA (TheInsiderStories) — Good morning! American Dollar fell off against other countries’ currencies, following midterm election result that brings Democrats to control parliament. Observers rated,...