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  • Indonesia discussing cutting palm oil export levy-senior minister Jul 07, 2022 12:27 PM IST

    Indonesia discussing cutting palm oil export levy-senior minister

    The Southeast Asian country has unrolled a string of policies aimed at reviving exports after a three-week ban on shipments that ended in late May swelled domestic inventories of the edible oil.

  • Resumption of Haj brings joy and sorrow for Indonesians Jul 07, 2022 11:58 AM IST

    Resumption of Haj brings joy and sorrow for Indonesians

    Two years of coronavirus, a lower quota of pilgrims from Indonesia and an age limit of 65 have ruled out Haj for many Indonesians, leaving them disappointed

  • In Pics | Inside Indonesia's Islamic boarding school for deaf children Jul 06, 2022 07:01 PM IST

    In Pics | Inside Indonesia's Islamic boarding school for deaf children

    At an Islamic boarding school in a sleepy neighbourhood on the outskirts of the Indonesian city Yogyakarta, the sound of Koranic recitation is nowhere to be heard. This is a religious school for deaf children, and here the students gesture rapidly with their hands, learning to recite the Koran in Arabic sign language.

  • EAM S Jaishankar to visit Indonesia on July 7 to attend G20 foreign ministers' meet Jul 05, 2022 05:29 PM IST

    EAM S Jaishankar to visit Indonesia on July 7 to attend G20 foreign ministers' meet

    Foreign ministers of China and Russia are also likely to attend the meeting that is set to discuss pressing global challenges, including the food and energy security arising out of the Ukraine crisis.

  • After 10 months of marriage, bride discovers her husband is actually a woman Jun 21, 2022 02:12 PM IST

    After 10 months of marriage, bride discovers her husband is actually a woman

    An Indonesian woman is claiming that she fell for a marriage scam after discovering her husband of 10 months is actually a female con artist.

  • Indonesia kicks off second-phase construction of EV production plant Jun 09, 2022 11:37 AM IST

    Indonesia kicks off second-phase construction of EV production plant

    The plant is expected to produce batteries for electric vehicles with a capacity of 3.5 million units and 200 gigawatts annually and generate employment for 20,000 people

  • Indonesia issues new regulations aimed at accelerating palm oil exports Jun 09, 2022 08:36 AM IST

    Indonesia issues new regulations aimed at accelerating palm oil exports

    The regulation was signed on June 7 and is effective immediately. The scheme applies until July 31.

  • Watch: A terrifying tug-of-war after orangutan attacks man through cage. 11 million video views Jun 08, 2022 10:58 AM IST

    Watch: A terrifying tug-of-war after orangutan attacks man through cage. 11 million video views

    A viral video circulating on social media has captured the moment an orangutan attacked a man through the bars of its cage

  • Indian men's hockey team qualifies for knockout stage of Asia Cup with 16-0 win over Indonesia May 26, 2022 07:50 PM IST

    Indian men's hockey team qualifies for knockout stage of Asia Cup with 16-0 win over Indonesia

    The massive win not only secured India’s passage into the knockout stage of the tournament but also shut the door on Pakistan.

  • Indonesia set to resume palm oil exports but policy uncertainty persists May 23, 2022 12:01 PM IST

    Indonesia set to resume palm oil exports but policy uncertainty persists

    The Southeast Asian country, the world's biggest palm oil producer, halted exports of palm oil from April 28 in an attempt to bring down soaring local prices of cooking oil, rattling global edible oil markets already struggling with sunflower oil supply shortages due to the war in Ukraine.

  • Godrej Consumer Products: International business dampens the show May 20, 2022 10:13 AM IST

    Godrej Consumer Products: International business dampens the show

    Investors need to watch category development and increasing penetration as they will lead to higher volume and revenue growth

  • Palm Oil’s slump set to deepen after Indonesia lifts export ban May 20, 2022 07:31 AM IST

    Palm Oil’s slump set to deepen after Indonesia lifts export ban

    Indonesia’s ban, which was imposed since April 28, was one of the biggest acts of crop protectionism since Russia’s invasion of Ukraine, which stymied exports of sunflower oil and worsened a global shortage.

  • Indonesia to lift ban on palm oil exports from May 23 May 19, 2022 03:44 PM IST

    Indonesia to lift ban on palm oil exports from May 23

    Indonesia, the world's top palm oil producer, has since April 28 halted exports of crude palm oil (CPO) and some derivative products in a bid to tame soaring prices of domestic cooking oil.

  • Thomaska Cup: Amul celebrates India's historic Thomas Cup win with topical ad May 16, 2022 07:35 PM IST

    Thomaska Cup: Amul celebrates India's historic Thomas Cup win with topical ad

    Interestingly, one of the reactions to the tweet was by a user CS Thomas. "I see what you did to my name!" he tweeted referring to "Thomaska Cup".

  • Tesla Is Hedging Its Global EV Supply Chain Bets on Indonesia and India May 13, 2022 11:36 AM IST

    Tesla Is Hedging Its Global EV Supply Chain Bets on Indonesia and India

    Elon Musk is hunting for new Asian production hubs for his EVs. Indonesia looks like the clear winner, while India appears to have missed the boat.

  • Horrifying video shows children falling to ground as waterslide breaks in half May 13, 2022 10:06 AM IST

    Horrifying video shows children falling to ground as waterslide breaks in half

    The incident took place last week in Indonesia's Surabaya city. Sixteen children were injured in the incident.

  • Indonesia's ban on palm oil exports a concern but impact to be transitory: FMCG industry May 01, 2022 04:55 PM IST

    Indonesia's ban on palm oil exports a concern but impact to be transitory: FMCG industry

    Last week Indonesia, the world's largest palm oil producer, banned shipments of crude palm oil (CPO), adding to the previous sanctions on refined oil, to soften the prices in its domestic market.

  • Governments tighten grip on global food stocks, sending prices higher May 01, 2022 01:59 PM IST

    Governments tighten grip on global food stocks, sending prices higher

    Russia’s invasion of Ukraine has unleashed a new wave of protectionism as governments, desperate to secure food and other commodities for their citizens amid shortages and rising prices, erect new barriers to stop exports at their borders.

  • Vegetable oil market simmers over Indonesia's ban on palm oil exports Apr 30, 2022 12:39 PM IST

    Vegetable oil market simmers over Indonesia's ban on palm oil exports

    The prices of palm, soybean, European rapeseed and even its Canadian GMO counterpart, canola oil, have reached historic highs following Indonesia's announcement on Wednesday

  • Ukraine's Volodymyr Zelensky, Russia's Vladimir Putin invited to G20 summit: Indonesian President Joko Widodo Apr 29, 2022 03:13 PM IST

    Ukraine's Volodymyr Zelensky, Russia's Vladimir Putin invited to G20 summit: Indonesian President Joko Widodo

    "I have invited President Zelenskyy to attend the G20 summit," President Joko Widodo said on television, suggesting a compromise had been reached following Western pressure to bar Russia from the event in response to its invasion of Ukraine.

  • Indonesia export ban traps 290,000 tonnes of palm oil shipments for India: Report Apr 28, 2022 02:44 PM IST

    Indonesia export ban traps 290,000 tonnes of palm oil shipments for India: Report

    The disruption in shipments after Indonesia widened its export ban to include crude and refined palm oil will create a vegetable oil shortage in top importer India, the officials said. Second-biggest exporter Malaysia is already struggling to meet higher demand levels and is asking for near record prices for prompt shipments, officials said.

  • Moneycontrol Selects: Top stories this afternoon Apr 28, 2022 11:58 AM IST

    Moneycontrol Selects: Top stories this afternoon

    Our specially curated package of the most interesting articles of the day will help you stay at the top of your game

  • Indonesia adds to global food shock with widened Palm export ban Apr 28, 2022 07:53 AM IST

    Indonesia adds to global food shock with widened Palm export ban

    The ban will be expanded to crude palm oil, RBD palm oil and used cooking oil, Coordinating Minister for Economic Affairs Airlangga Hartarto said at a briefing Wednesday.

  • Indonesia stuns markets as it widens ban to include CPO, refined palm oil Apr 27, 2022 08:13 PM IST

    Indonesia stuns markets as it widens ban to include CPO, refined palm oil

    President Joko Widodo said in a separate statement that people's need for affordable food trumped revenue concerns for now.

  • Palm oil crisis | Indian importers accelerate buying from Indonesia, Malaysia before export ban, further restrictions begin Apr 27, 2022 12:21 PM IST

    Palm oil crisis | Indian importers accelerate buying from Indonesia, Malaysia before export ban, further restrictions begin

    Despite assurances from Indonesia and Malaysia, Indian importers remain wary of the shortage of palm oil in the two Southeast Asian nations. As a result, they are buying up palm oil before an Indonesian export ban begins on April 28 and Malaysian stocks dwindle further.

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