April 20, 2024 | 15:03 GMT +7

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Indonesia to fine palm oil companies $310 mln for operating in forests

Indonesia to fine palm oil companies $310 mln for operating in forests

(VAN) Indonesia said on Friday that it would slap palm oil companies operating within forest areas with fines amounting to a total of 4.8 trillion rupiah ($310.1 million).

Malaysia wants palm oil hubs in Egypt, Saudi Arabia: deputy PM

Malaysia wants palm oil hubs in Egypt, Saudi Arabia: deputy PM

(VAN) World's second-largest exporter eager to diversify markets amid row with EU.

Indonesia to tighten palm oil exports from January 1

Indonesia to tighten palm oil exports from January 1

(VAN) Exporters will be allowed to ship six times their domestic sales volume, less than the current ratio of eight times.

Palm oil faces headwinds amid China lockdowns, EU phaseout

Palm oil faces headwinds amid China lockdowns, EU phaseout

(VAN) Indonesia sees 'stable' prices in coming months, but future outlook dim.

Indonesia’s farmers need protection from plummeting palm oil prices

Indonesia’s farmers need protection from plummeting palm oil prices

(VAN) What’s cooking in 2022? In Indonesia, not oil. The world’s largest palm oil producer is currently experiencing a cooking oil shortage.

Indonesia considering cutting palm oil export levy to spur shipments

Indonesia considering cutting palm oil export levy to spur shipments

Indonesia is considering cutting its palm oil export levy to encourage more shipments, another move to spur exports after a ban designed to protect domestic cooking oil supplies saw palm oil inventories swell.

Indonesian farmers decry palm oil export ban as prices plummet

Indonesian farmers decry palm oil export ban as prices plummet

(VAN) Small-scale farmers say Jakarta’s ban on palm oil exports has thrown their livelihoods into jeopardy.

Indonesia faces international pressure over palm oil export ban

Indonesia faces international pressure over palm oil export ban

(VAN) Indonesia is coming under growing international pressure over its ban on palm oil exports amid soaring food prices worldwide.

India cuts tax on palm oil imports to help consumers, refiners

India cuts tax on palm oil imports to help consumers, refiners

(VAN) The move comes as New Delhi has been struggling to contain rising prices of edible oils.

Labour shortage poses more threats to palm oil sector

Labour shortage poses more threats to palm oil sector

The labour shortage issue inherent in the plantation sector is posing more threat to the industry’s economic health compared to the price volatility of the crude palm oil (CPO), according to Khazanah Research Institute (KRI).