Berita Arkib

Indonesia’s government has been criticized as insensitive for launching a social media campaign to promote palm oil at a time when forest fires – often blamed on clearing land for plantations – are raging on Sumatra and Borneo islands, sending a pall of smoke over neighboring countries.

U.S. President Donald Trump on Monday downplayed the impact of a spike in oil prices in the wake of the attacks on Saudi oil plants, saying prices had not risen much and that the United States and other countries could offset the increase by releasing more supply.

SOUTHEAST Asia is sadly experiencing its predictable annual haze crisis yet again.

The Trade Ministry is confident of a boost in the exports of Indonesia's crude palm oil (CPO) and derivative products to India after the latter equalizes duties on the import of the commodities from Indonesia and Malaysia.

FGV Holdings Bhd has not received any report of its subsidiaries involvement in open burning in Indonesia that has contributed to the haze affecting the region, its group chief executive officer Datuk Haris Fadzilah Hassan said.

Malaysia is on track to export MSPO (Malaysia Sustainable Palm Oil) certified palm oil to Europe by next year.

For it to have any hope of employing the millions of young people graduating its schools every year, India's turn to protectionism must be reversed

The drone strike on Saudi Arabian oil facilities on Saturday highlighted new vulnerabilities in the global crude market, shattering expectations of a downtrend in oil prices and pushing distributors to consider a potential shortage in supply.

As oil palm plantations expand across the world, razing swaths of tropical rainforests in their path, fears about their impact on the environment have also grown.

A commodities consultant has downplayed fears over the impact of initiatives by European countries to curb the use of palm oil, citing their low consumption of palm oil and palm oil products.

Indonesia posted a trade surplus of US$85.1 million in August in a reversal from the trade deficit it recorded the previous month, according to the latest data from Statistics Indonesia (BPS)

Palm oil inventory declined for the 13th consecutive month by 5.3% month-on-month (m-o-m) to 2.25 million tonnes in August 2019, as seasonally higher production was more than mitigated by a 16.4% m-o-m jump in exports.