Jul 07, 2022 12:27 PM ISTThe 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.
Jul 07, 2022 11:58 AM IST 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
Jul 06, 2022 07:01 PM IST 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.
Jul 05, 2022 05:29 PM IST 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.
Jun 21, 2022 02:12 PM IST 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.
Jun 09, 2022 11:37 AM IST 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
Jun 09, 2022 08:36 AM IST The regulation was signed on June 7 and is effective immediately. The scheme applies until July 31.
Jun 08, 2022 10:58 AM IST A viral video circulating on social media has captured the moment an orangutan attacked a man through the bars of its cage
May 26, 2022 07:50 PM IST The massive win not only secured India’s passage into the knockout stage of the tournament but also shut the door on Pakistan.
May 23, 2022 12:01 PM IST 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.
May 20, 2022 10:13 AM IST Investors need to watch category development and increasing penetration as they will lead to higher volume and revenue growth
May 20, 2022 07:31 AM IST 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.
May 19, 2022 03:44 PM IST 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.
May 16, 2022 07:35 PM IST 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".
May 13, 2022 11:36 AM IST 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.
May 13, 2022 10:06 AM IST The incident took place last week in Indonesia's Surabaya city. Sixteen children were injured in the incident.
May 01, 2022 04:55 PM IST 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.
May 01, 2022 01:59 PM IST 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.
Apr 30, 2022 12:39 PM IST 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
Apr 29, 2022 03:13 PM IST "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.
Apr 28, 2022 02:44 PM IST 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.
Apr 28, 2022 11:58 AM IST Our specially curated package of the most interesting articles of the day will help you stay at the top of your game
Apr 28, 2022 07:53 AM IST 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.
Apr 27, 2022 08:13 PM IST President Joko Widodo said in a separate statement that people's need for affordable food trumped revenue concerns for now.
Apr 27, 2022 12:21 PM IST 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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