# commodity

Indonesia, Malaysia Joint Task Force Seeks to Minimize Impacts from EU’s Deforestation Law

Europe remains Indonesia's third-largest export market after China and India, with an annual volume of 4.2 to 4.3 million tons.
Business Sep 18, 2024 | 6:28 pm

Indonesia's Rice Imports Surge 121 Pct in 2024

BPS reports that Indonesia has imported 3.05 million tons of rice, worth $1.91 billion, from January to August 2024.
Business Sep 17, 2024 | 6:56 pm

Indonesia and Malaysia to Defend Palm Oil Industry Against EUDR in Brussels Talks

The EUDR aims to block products associated with deforestation and forest degradation from entering the European market.
Business Aug 29, 2024 | 10:12 am

Sri Mulyani Reports Rp 7.1 Trillion Boost in State Revenue from Simbara App

The Simbara app tracks all stages of coal, nickel, and tin management, from upstream to downstream.
Business Jul 22, 2024 | 8:23 pm

Trade Minister Signals Cooking Oil MinyaKita Price Hike Amid Rupiah Instability

Minister Zulkifli attributed this adjustment to fluctuations in the rupiah exchange rate.
Business Jun 19, 2024 | 6:01 pm

Draconian Policy Against Palm Oil

Indonesia is increasingly concerned about the intensifying negative campaigns against palm oil
Opinion Jun 19, 2024 | 7:10 am

Enggartiasto Lukita Urges Sustainable Development of Cirebon's Rattan Sector

Cirebon in West Java is renowned as a major center for the rattan furniture industry, catering to both domestic and international markets
Business Jun 18, 2024 | 5:05 pm

Indonesia Looks to New Markets to Counter US Anti-Dumping Duties on Shrimp

The KKP is diversifying export markets to several potential countries, including China, Japan, Australia, and South Korea.
Business Jun 18, 2024 | 9:19 am

SKK Migas: Indonesia's Gas Discoveries Among World's Largest in 2023

SKK Migas revealed that Indonesia hosted two of last year's largest global gas discoveries: the Geng North-1 and the South Andaman Block
Business Jun 15, 2024 | 10:23 am

Indonesia Targets 1.6 Million BOEPD in Oil and Gas Production for 2025

Indonesia has set a target for oil and gas production for 2025, aiming around 1.6 million barrels of oil equivalents per day (BOEPD).
Business Jun 6, 2024 | 9:40 am

Jokowi Calls for Fair Treatment of Indonesian Palm Oil in Talks with Norway

President Joko "Jokowi" Widodo urged the Norwegian government to avoid discriminatory practices against Indonesian palm oil.
Business Jun 3, 2024 | 9:46 am

Fuel Prices to Hold Steady Until June 2024 Despite Iran-Israel Conflict

Tutuka Ariadji, Director General of Oil and Gas, ensures stable fuel prices till June 2024 despite Iran-Israel tensions spiking oil to $100
Business Apr 15, 2024 | 3:54 pm

United Tractors Predicts Coal Prices to Hover Above $100

United Tractors predicts coal prices slightly above $100 in 2024, down from last year's $170, due to decreased demand from China and India
Business Apr 15, 2024 | 2:15 pm

Government Advocates for Biodiesel Mandate Up to B-40 Level

The government continues to push for mandatory biodiesel usage, which has now reached B-35 and is being tested for B-40
Business Mar 30, 2024 | 10:13 am

APBI Expresses Concern Over Indonesia's Ambitious Coal Production Target

APBI expresses concern over the government's ambitious coal production target exceeding 900 million tons in 2024
Business Mar 22, 2024 | 11:21 am

$11.6 Billion Invested in Indonesia's Smelters

Investment in smelters is projected to amount to $11.6 billion (Rp 182.3 trillion) for the development of 16 smelters.
Business Mar 19, 2024 | 2:56 pm

Foreign Meddling Threatens Indonesia's Industrialization Agenda, Investment Minister Warns

Investment Minister Bahlil Lahadalia has revealed that certain countries are making attempts to thwart Indonesia's industrialization efforts
Business Mar 19, 2024 | 9:12 am

Indonesia Receives Deliveries of Rice Purchased from Neighboring Countries

In the past week alone, two vessels from Thailand and Myanmar docked at Probolinggo, bringing a combined total of 8,200 tons of rice.
Business Mar 17, 2024 | 7:59 am

Indonesia's CPO Exports Plummet Over 30 Percent in February

Indonesia's exports of crude palm oil (CPO) and its derivatives in February decreased by more than 30 percent to $1.20 billion
Business Mar 15, 2024 | 2:41 pm

Jokowi and Zulkifli Hasan Monitor Food Markets Amid Rising Prices

In recent weeks, the prices and supplies of staple food commodities have been under scrutiny due to scarcity and high prices.
Business Mar 15, 2024 | 12:45 pm

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