# commodity

Latest news group about commodity.

Climate Change Costs Palm Oil Industry Billions in Lost Yields

Climate change threatens palm oil yields in Indonesia and Colombia. Scientists develop drought-resistant varieties to secure production.
News 22 hours ago

Coal Exporters Brace for New Pricing Rule as Indonesia Moves to Enforce HBA

Indonesia plans to enforce HBA pricing for coal exports. Aspebindo backs the move, urging a Green Coal Index.
Business Feb 12, 2025 | 9:45 pm

ICOPE 2025: Striking a Balance Between Palm Oil Growth and Sustainability

Indonesia pushes for sustainable palm oil at ICOPE 2025, balancing growth & environment with ISPO certification & eco-friendly practices.
Business Feb 12, 2025 | 10:38 am

Bukit Asam Hits Record Coal Sales of 42.9 Million Tons in 2024

Bukit Asam (PTBA) reported record coal sales of 42.9 million tons in 2024, up 16% year-on-year, driven by a 30% surge in exports.
Business Feb 4, 2025 | 3:05 pm

Indonesia Targets Nickel Futures Market with New Price Reference

Bappebti plans to set a nickel benchmark price through its futures exchange.
Business Jan 31, 2025 | 5:03 pm

Indonesia’s Crypto Trading Soars 335% to Reach $40 Billion in 2024

The most actively traded cryptocurrencies in Indonesia include Tether (USDT), Bitcoin (BTC), Dogecoin (DOGE), Pepe (PEPE), and XRP (XRP).
Business Jan 25, 2025 | 11:17 am

Indonesia to Require Commodity Exporters to Keep All Dollar Revenues in Local Banks

Airlangga said the new regulation could increase the national forex reserves by an additional $90 billion or more.
Business Jan 21, 2025 | 6:31 pm

Prabowo to Lead Discussions on Freeport’s Copper Export Amid Smelter Delays

The Indonesian government, led by President Prabowo Subianto, will soon decide on PT Freeport Indonesia's copper concentrate export permit.
Business Jan 4, 2025 | 11:45 am

Indonesia to Increase Rice Reserves to 2.5 Million Tons in 2025

Bigger rice reserves would boost people’s confidence in the country’s food supplies, according to senior minister Zulkifli Hasan.
News Dec 24, 2024 | 8:26 am

These Commodities and Services Are Exempt from VAT

Wheat flour, industrial-use sugar, and the government's cooking oil brand "Minyak Kita," will continue to be taxed at the current 11% VAT.
Business Dec 16, 2024 | 2:23 pm

Indonesia to Stop Importing Sugar Next Year

The import ban specifically targets sugar that is meant for consumption purposes.
News Dec 10, 2024 | 1:34 pm

EU’s Deforestation Law Delay Expected to Ease Trade Impact on Indonesia

The EU has decided to delay the EUDR anti-deforestation law's entry into force by a year.
Business Dec 9, 2024 | 2:23 pm

Indonesia to Prioritize Downstream Industrialization in Eight Key Industries

The Investment Ministry is creating a roadmap for the downstream industrialization of 28 key commodities in Indonesia.
Business Dec 3, 2024 | 9:37 pm

Indonesia to Launch B40 Biodiesel Program in 2025, Aims to Cut 40 Million Tons of CO2 Annually

The palm oil-based biodiesel is expected to reduce carbon dioxide (CO2) emissions by up to 40 million tons annually.
Business Nov 29, 2024 | 6:22 pm

Indonesia Mandates Downstream Development for Coal Mining Contract Extensions

Coal mining companies seeking to extend their contracts must establish a downstream industry ecosystem, Minister Bahlil Lahadalia said
Business Nov 25, 2024 | 4:17 pm

Gov't Weighs Revision of 7.5% CPO Export Levy

The government is considering revising the current 7.5 percent export levy on crude palm oil (CPO)
Business Nov 18, 2024 | 8:48 pm

Aspebindo: Indonesia Should Leverage Its Position to Shape Global Coal Prices

Indonesia, as the world’s largest coal exporter, has the potential to play a bigger role in determining global coal prices
Business Nov 16, 2024 | 1:11 pm

Antam Buys 30 Tons of Freeport Gold for $12.5 Billion

Erick Thohir said the gold transactions between local companies could significantly save foreign exchange reserves.
Business Nov 7, 2024 | 10:57 pm

Indonesian Nickel Has Better Chance of Entering US Market if Harris Wins

A Harris government might only grant entry for Indonesian nickel and its processed goods if they meet green standards, expert says.
Business Nov 5, 2024 | 11:34 am

Defying International Pressure, Jokowi and Prabowo Commit to Indonesia’s Resource Nationalism

President Jokowi is steadfast in Indonesia's resource nationalism, prioritizing domestic processing over exports, despite EU opposition.
Business Oct 19, 2024 | 4:03 pm
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