Indonesia's Trade Deficit Narrows by Third in 2019

... Chinese smartphones to Italian olive oil – fell by 5.1 ... fuel with locally made biofuel, oil and gas imports remained the ... percent respectively. Exports in the oil and gas sector fell 27 ... leading export products, such as palm oil, is improving – one good news ...

Jokowi Says EU Palm Oil Restrictions Are 'Act of Trade War'

... issuing discriminative restrictions on Indonesian palm oil, President Joko "Jokowi" Widodo ... has been saying that Indonesian palm oil is not environmentally friendly. ... classified palm oil as "unsustainable material." Indonesia – the world's top palm oil ...

Well Oiled: Indonesia Spares No Time With B40 Biodiesel Mix

... ensure steady demand for crude palm oil (CPO) if the European ... the face of EU's palm oil restrictions. "The European Union ... said on Thursday. Today, Indonesian palm oil accounts for about half of ... 6 million tons of Indonesian palm oil worth 2.3 billion euros ...

Indonesia Posts $25b State Budget Deficit in 2019

... country's main commodities, especially palm oil and coal. The price declines ... Sri Mulyani said. Demand for oil dropped by 10-12 percent ... by 28 percent and crude palm oil by 3.4 percent. " ... government program to mix more palm oil-based fuel with diesel fuel ...

Sinar Mas-Backed Venture Capital EV Growth Closes $250m Funding Round

... investment arm of the Indonesian palm oil conglomerate Sinar Mas Group, and ...

Jokowi Launches B-30, Upgraded Biofuel Program to Save $4.5b in Foreign Reserves

... . Biodiesel, developed by state-run oil company Pertamina and the Energy ... Ministry, is made mainly of palm oil. The B-30 was launched ... is the world's largest palm oil producer and for that very ... increase domestic demand for crude palm oil at a time when the ...

Study Reveals New Capital City Megaproject to Profit Indonesia's Oligarchs

... extractive industries such as coal, palm oil and lumber as well as ... , there are 162 mining, forestry, palm oil, coal and property concessions. Around ...

After an Eventful 2019, What Lies Ahead for Indonesian Diplomacy?

... continue to work on its "palm oil diplomacy" by formulating a draft ... guideline for sustainable palm oil based on UN SDGs through ... include the mechanism for a palm oil certification that can ensure the ...

Indonesia Ready to Face EU Complaints to WTO

... the Europeans increased tariff on palm oil, the Southeast Asia largest export ...

EU More Than Prepared for Lawsuits on Biodiesel Tariffs

... said subsidies given to Indonesian palm oil producers have created an unhealthy ... . Piket said environmental concerns regarding palm oil-based biodiesel produced in Indonesia ... , Malaysia and Colombia – three biggest palm oil producers in the world – and ...