Indonesia, palm oil
Indonesia sharply lowers export duty on palm oil to boost shipments
Indonesia sets the weighted average price for palm oil - the reference rate - every month, to calculate export duty. The move is seen as a measure to ramp up shipments by the largest cultivator of palm oil.
Indonesia Cuts Palm Oil Levy to be Competitive and Boost Exports
Indonesia reduced its export levy on palm oil in a bid to boost shipments of the tropical commodity.Most Read from BloombergAOC Proposes $30 Billion Social Housing AuthorityCalifornia’s Anti-Speeding Bill Can Be a Traffic Safety BreakthroughNew York City’s Transit System Plans $65.
Indonesia Amends Palm Oil Levy Regulation to Increase Exports
Indonesia’s Finance Ministry issued new regulations to revise the palm oil export levies, in a bid to boost shipments of the tropical commodity from the world’s biggest grower.
Indonesia issues new palm oil levies rule effective this weekend
Indonesia will require monthly levies for export of crude palm oil to be set at a 7.5% rate of the reference price set periodically by the government, a regulation document published on Thursday by the finance ministry showed.
Indonesia plans to cut export duty on palm oil
Indonesia, one of the largest exporters of palm oil, plans to cut export duty on palm oil early next month to support its farmers amid drop in demand. The development will be a major relief for Indian importers particularly after the Government increased the customs duty on crude soyabean oil,
The Jakarta Post8hOpinion
Navigating the policy landscape: Digital transformation outlook for Indonesia & the region
Indonesia has made significant strides in digital transformation across sectors in the past five years, particularly in ...
Jakarta Globe6h
Indonesia Gets $500 Million ADB Loan for Energy Transition
The Asian Development Bank (ADB) announced Friday that it had approved a $500 million policy-based loan for the coal-reliant ...
The Art Newspaper5h
Netherlands to return 288 items looted in colonial era to Indonesia
The Dutch government said it is returning 288 objects wrongfully taken during the colonial era to Indonesia, including ...
Indonesia's parliament passes Prabowo's maiden budget
Indonesia's parliament on Thursday passed President-elect Prabowo Subianto's maiden budget for 2025, with spending set at ...
Prabowo’s First $237 Billion Budget Wins Indonesia Parliament Approval
Indonesia’s parliament approved a $237-billion state budget that will help President-elect Prabowo Subianto get his ...
America Magazine3d
What Pope Francis’ visit meant to the people of Indonesia—Catholic and not
The people of Indonesia believe in gotong royong, literally, “joint bearing of burdens,” carrying something together, ...
Indonesia's central bank delivers surprise rate cut
Indonesia's central bank surprised markets by delivering its first rate cut in more than three years on Wednesday, moving to ...
The Jakarta Post3h
Indonesia hails UN resolution calling for Israel’s withdrawal from Palestine
The resolution supports the [International Court of Justice (ICJ)] advisory opinion that deemed Israel’s continued, prolonged ...
Indonesia's Tax Agency Probes Alleged Personal Data Breach
JAKARTA (Reuters) - Indonesia's tax agency is investigating an alleged data breach that exposes the taxpayer identification ...
Indonesia's central bank front runs Fed with surprise rate cut
Indonesia's central bank delivered its first rate cut in more than three years on Wednesday, just hours ahead of the widely ...
Indonesia’s Surprise Rate Cut May Spur Inflows, Support Rupiah
Bank Indonesia’s surprise interest-rate cut may lead to higher foreign inflows into bonds and stocks, which may end up ...
Antara News24m
Indonesia's return to sea sand exports sparks environmental concerns
Indonesia, a maritime giant with over 17 thousand islands, has resumed its sea sand exports policy after a two-decade hiatus.