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 ...

Guatemala Reopens Embassy in Jakarta

... also a big exporter of palm oil, one of Central America's ... to join the Council for Palm Oil Producing Countries [CPOPC]," Retno said ...

Challenging Credit Conditions Expected as GDP Growth Slows in Indonesia

... the price of coal and palm oil – the country's two ... Maisam said the price of palm oil had nosedived to its lowest ... : continued negative sentiment against palm oil from the European Union and ... hence also the price of palm oil. President Joko "Jokowi" Widodo ...

Lesson from Past: How Companies Can Emerge Winners Even During Downturn

... , “The commodity price across palm, coal, oil and gas were actually quite ... commodity-based, a mix of oil, gas and mining. Also, the ...