Indonesia, Hungary Commemorate 65 Years of Diplomatic Ties

... said Hungary supports Indonesia regarding European Union’s palm oil restriction, during a ... restrictions, including the European Union palm oil restriction, will result in counter ... countries,” Teuku said. Hungary is Indonesia’s third-largest trade and ...

Indonesia's Trade Deficit Narrows by Third in 2019

... biofuel, oil and gas imports remained the bane of Indonesia's trade ... the deficit. Indonesia bought $9.3 billion-worth more oil and gas ... demand for Indonesia's leading export products, such as palm oil, is improving ...

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

... Indonesian palm oil, President Joko "Jokowi" Widodo tweeted on Saturday. "Indonesia ... classified palm oil as "unsustainable material." Indonesia – the world's top palm oil producer ... that purpose, Indonesia has been converting crude palm oil into biofuel since ...

Well Oiled: Indonesia Spares No Time With B40 Biodiesel Mix

... ensure steady demand for crude palm oil (CPO) if the ... of palm-oil based biofuel in the next few years. Indonesia released ... cushion for Indonesia in the face of EU's palm oil restrictions. ... on Thursday. Today, Indonesian palm oil accounts for about half of ...

Indonesia Posts $25b State Budget Deficit in 2019

... United States and China. Indonesia's export and import ... 's main commodities, especially palm oil and coal. The price ... deficit, Sri Mulyani said Indonesia should consider itself lucky seeing ... consumption continues to support Indonesia's economy, the largest ...