# commodity

CPO Producers Indonesia and Malaysia in Talks with India Amid EU Market Restrictions

Indonesia and Malaysia aimed to convey the message that they have long adhered to global standards for sustainable palm oil.
Business Sep 27, 2023 | 2:35 pm

IDX Set to Launch Carbon Trading Platform

The IDX claims that the system is fully ready and expects to see transactions taking place during the launch date on Sept. 26.
Business Sep 21, 2023 | 6:16 pm

Why “Black” Needs to Go “Green”: Is It Imperative that Indonesian Coal Mining Players Increase Focus on Decarbonization and Broader ESG?

The global coal mining industry has been facing increasing pressure from all fronts to decarbonize. The time for Indonesia is coming.
Opinion Sep 14, 2023 | 12:57 pm

Indonesia Reopens Live Cattle Imports from Australia

Australia claims that LSD has never been detected in the country and “we remain free from the disease”.
Business Sep 9, 2023 | 6:50 pm

China to Import More Indonesian Palm Oil in 2024: Gapki

Indonesia is expected to export at least 8 million tons of palm oil to China in 2024, according to Gapki.
Business Aug 21, 2023 | 8:17 pm

Indonesia Aims Stronger Ties with Thailand to Bolster Rubber Prices

Indonesia exported $3.66 million worth of natural rubber in 2022, marking an 11.35 percent decline from the previous year.
Business Aug 11, 2023 | 2:15 pm

Minerals and Coal Contribute Rp 111 Trillion to State Revenue

Indonesia's coal production has reached a total of 369.17 million tons in the first seven months of the year.
Business Aug 9, 2023 | 4:24 pm

Gov't Assures Supplies of Subsidized LPG

According to data from the Trade Ministry, the highest retail price for 3-kilogram LPG is Rp 21,500.
Business Aug 1, 2023 | 4:18 pm

Portugal Sees Huge Rise in Palm Oil Imports from Indonesia

Portugal's import of Indonesian palm oil rose by 77 percent from 2019 to 2022, according to Foreign Affairs Minister Retno Marsudi.
Business Jul 24, 2023 | 4:44 pm

Gov’t Reimposes Export Duty after CPO Prices Rebound

The government will impose a levy of $33 per ton and an export duty of $85 per ton for the period of July 16-31.
Business Jul 15, 2023 | 6:28 pm

Indonesia Has 17.4 Million Crypto Investors

Despite the increase in new investors, the value of monthly crypto transactions fell by 23.8 percent to Rp 8.21 trillion in May.
Business Jul 6, 2023 | 2:18 pm

Indonesia to Reroute Palm Oil Export to Africa Following EUDR

Indonesia is mulling diverting its Europe-bound palm oil exports to Africa after the EU launched the EUDR.
Business Jun 24, 2023 | 1:27 am

Palm Oil Producers Told to Report How Much Land They Own

The government urges palm oil producers to report how much land they own after cases of mismatched data and plantations within forest areas.
Business Jun 23, 2023 | 9:03 pm

Antam Gold Price Drops by Rp 4,000/gram

Gold trading is subject to up to 3 percent of income tax.
Business Jun 21, 2023 | 1:14 pm

Amman’s Copper Smelter to Finish Construction by Mid-2024

A verification team sent by the Energy Ministry reported that the construction to date has reached about 51.63 percent.
Business Jun 20, 2023 | 7:50 pm

Indonesia’s Palm Oil Export Down 19.2 Pct in April

Indonesia’s palm oil exports in April totaled 2.1 million tons, a decline from 2.6 million tons in March.
Business Jun 16, 2023 | 9:34 am

Recession Concerns Trigger Crude Oil Price Drop

Crude oil prices fell to $67.26 per barrel, triggered by concerns over a potential US recession.
Business Jun 13, 2023 | 1:44 pm

Miners Were Given Window of 3 Years before Bauxite Export Ban: Gov’t

Companies already have 3 years to speed up the smelter construction before the export ban on unprocessed bauxite came into effect.
Business Jun 12, 2023 | 4:17 pm

EU Didn’t Consult with Indonesia Before Passing EUDR: Minister

Chief Economic Affairs Minister Airlangga Hartarto even called the EU Deforestation-Free Regulation (EUDR) "a new trade barrier".
Business Jun 9, 2023 | 9:22 pm

EU Should Recognize ISPO, MSPO-Certified Palm Oil: Indonesia

Palm oil-producing countries Indonesia and Malaysia recently sent a joint mission to Brussels to fight back against EU's deforestation law.
Business Jun 1, 2023 | 7:17 pm