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– PT Salim Ivomas Pratama Tbk (IDX: SIMP), which is engaged in palm oil production in Indonesia, has withdrawn from the Roundtable...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

Moody’s: Palm Oil Companies Face Pressure from Low Prices

JAKARTA (TheInsiderStories) - Moody's Investors Service says that crude palm oil (CPO) prices — which have fallen 14 percent since the start of 2018 and...

Indonesia’s Export Bencmark Prices for Mining and CPO in October

JAKARTA (TheInsiderStories) - Ministry of Trade set the benchmark of export levy for mining and palm oil products based on the international price fluctuations for October,...

Morning Briefing: Widodo Imposes Three-year Freeze on Palm Oil Plantation Licenses

JAKARTA (TheInsiderStories) - Good morning. The most important development from Thursday (20/09) was the revelation that President Joko Widodo has signed a Presidential Instruction that puts...

B20 Not Yet Fully Implemented in Indonesia

JAKARTA (TheInsiderStories) – The use of biodiesel 20 percent (B20) as required by the government since Sept. 1, 2018 is not yet fully implemented due mainly...

Indonesia Spurs Palm Oil Downstream Industry to Escalate FX Revenues

JAKARTA (TheInsiderStories) -  The Ministry of Industry continues to drive palm oil downstream (CPO) sector in order to escalate foreign exchange (FX) revenues to Indonesia, said one...

Indonesia Releases B20 Regulation to Boost FX Revenues

JAKARTA (TheInsiderStories) - President Joko Widodo has signed the mandatory expansion of fuel with a mixture of 20 percent biodiesel (B20) to boost foreign exchange (FX) revenues....

EU Extends Palm Oil Ban from 2021 to 2030

JAKARTA (TheInsiderStories) - European Union (EU) softened its stance on the use of palm oil among its member countries starting 2030 from earlier proposed...

Indonesian Minister: EU Will Issues a Decision on Palm Oil Ban...

JAKARTA (TheInsiderStories) - Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan said that there will be a temporary decision on palm oil ban from the European Union (EU)...

Palm Oil: Economic And Environmental Impacts

JAKARTA (TheInsiderStories) -  Economical and versatile, palm oil has become the world’s most widely used vegetable oil. However, its production comes at a heavy...

Indonesia Expedites Talks on CEPA with EU

JAKARTA (TheInsiderStories) – The Indonesian government will intensify its talks with the European Union on a Comprehensive Economic Partnership Agreement (I-EU CEPA) which is now...

Indonesian palm oil export rises 20% to Europe amid negative campaign

JAKARTA (TheInsiderStories) - Trade Minister Enggartiasto Lukita said that Indonesia’s palm oil export to Europe has increased around 20 percent despite European Union’s moratorium...