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Ministry of Foreign Affairs Makes Economy Diplomacy Task Force

Ministry of Foreign Affairs Makes Economy Diplomacy Task Force

JAKARTA - Ministry of Foreign Affairs will make Economy Diplomacy Task Force to facilitate Indonesian economical activities in foreign countries.

People Patrol to Forbid the Elephants Damaging Palm Oil

People Patrol to Forbid the Elephants Damaging Palm Oil

TASIK SERAI - It was hardly a week, people of Sei Geronggang, Village of Tasik Serai, Subdistrict Pinggir, District of Bengkalis, Riau, awake until late at night to patrol and to get rid the elephants of damaging the people's palm oil plantations.

Government of Inhil Stops Palm Oil Companies to Get Licence

Government of Inhil Stops Palm Oil Companies to Get Licence

TEMBILAHAN – District Government of Indragiri Hilir (Inhil) mentioned to stop new licence for palm oil companies to cultivate palm oil in Inhil, especially around the people's plantation. Regent of Inhil, HM Wardan said, palm oil is the mainstay commodity in this region.

Flood Might Increase the CPO Price

Flood Might Increase the CPO Price

JAKARTA - Observer mentioned, flood recently happened in some regions in Malaysia, especially in the central production regions might increase crude palm oil (CPO) price in next two months.

Hundreds Acres of Palm Oil Farmers' Are Revitalized

Hundreds Acres of Palm Oil Farmers' Are Revitalized

BELITUNG - Elder man of Kembiri Village, Subdistrict of Membalong, Basirun said, there are 532 acres area are revitalized belonging to the plasma farmers. From the numbers, every family gets 1,39 acres to be revitalized.

Palm Oil Farmers Defend Police Department

Palm Oil Farmers Defend Police Department

PONTIANAK – Hundreds of former plasma farmers of PT Benua Indah Grup (BIG) in District of Ketapang menyatakan kesiapannya untuk membantu membela Kapolda Kalimantan Barat, Brigjen (Pol) Arief Sulistyanto, yang telah berhasil menangkap pelaku penggelapan sertifikat petani sawit.

Police Department of West Kalimantan and West Jakarta Arrested A Palm Oil Businessman

Police Department of West Kalimantan and West Jakarta Arrested A Palm Oil Businessman

PONTIANAK - Police Department of West Kalimantan in cooperation with West Jakarta arrested a palm oil businessman who was also RI legislator, Budiono Tan.

Palm Oil Supports The Progress of TPF of Ujung Batu

Palm Oil Supports The Progress of TPF of Ujung Batu

SOSA - Leader of BRI, Ujung Batu unit, Subdistrict of Sosa, District of Padang Lawas (Palas), Hendrik Tambunan said, if it is compared to third-party funds (TPF) collected in the end of 2013, the numbers were Rp 30 billions and the given credit numbers until December 2013 were 48 billions. It is said in one year, the bank got 12,5 percents.

South Sumatera Got Decreasing Exports, 24,93%

South Sumatera Got Decreasing Exports, 24,93%

PALEMBANG - Province of South Sumatera in November 2014 got decreasing exports about 24,93 than the exports in October 2014.

Kenanga : The Shares of KLK's Subindustry are Positive

Kenanga : The Shares of KLK's Subindustry are Positive

KUALA LUMPUR - Kenanga Investment Bank Bhd hoped, Kuala Lumpur Kepong Bhd ( KLK ) would trade 20% of  KLK Premier Capital Ltd, Mitsui & Co Ltd shares, about RM 154 millions which will be positive in the future.

CPO Exports in Dumai Were 9,5 Millions of Tons

CPO Exports in Dumai Were 9,5 Millions of Tons

DUMAI – Until November 2014, non oil and gas exported commodity in Dumai were 9,5 millions of tons, Those numbers were not counted in December 2014. Head of Trade, Kamarruddin said that, Wednesday (7/1/2015).

The Average CPO Price in 2015 Is RM 2.400/Ton

The Average CPO Price in 2015 Is RM 2.400/Ton

KUCHING – Researcher of CIMB Investment Bank Bhd (CIMB Research) mentioned, the lack of employees, the decreasing margin and the stagnant crude palm oil (CPO) also decrease palm oil industries in the world.

Areal Dispute, The Legislator Came by to Sahapi Village

Areal Dispute, The Legislator Came by to Sahapi Village

KOTABARU – The areal dispute between the villagers of Sahapi, Subdistrict Kelumpung Hilir, District of Kota Baru, South Kalimantan and a palm oil company was meddled by the government.

Legislator : It Is Normal to Turn Over the Agriculture Area

Legislator : It Is Normal to Turn Over the Agriculture Area

PENAJAM – Turning over the agriculture area in District of North Penajam Paser into palm oil plantation is not wrong at all. Chief of Commission II, Legislator of North Penajam Paser, Syamsuddin Ali, Wednesday (7/1) as quoted from Antara Kaltim said, though there are some regulations forbidding it, but the farmers turning over their area are not false at all for there is no irrigation to water their field rice field. Irrigation is one problem since North Penajam Paser was made from District of Paser in 2002.

Increasing CPO Price Keeps Happening in the Stock Exchange

Increasing CPO Price Keeps Happening in the Stock Exchange

KUALALUMPUR – Crude palm oil (CPO) price in the stock exchange on Wednesday (7/1) ended in the higher level though the currency of Ringgit, Malaysia keeps decreasing and the prediction of low production.

February, IndoAgri Publishes the Monetary Report in 2014

February, IndoAgri Publishes the Monetary Report in 2014

SINGAPURA – Indofood Agri Resources Ltd,  a company running many business, such as, palm oil plantation, on Thursday, (8/1) announced that the company will publish the monetary report in 2014 which will not be audit on February 2015.

The CPO Exporter Should Make Local Bank L/C

The CPO Exporter Should Make Local Bank L/C

JAKARTA – Ministry of Trade will officially announce the regulaton about making Letter of Credit (L/C) documents from the local bank for Indonesian exporters.

MMJ’s Palm Oil Plantations Are Suspected to Have Problems

MMJ’s Palm Oil Plantations Are Suspected to Have Problems

PEKANBARU – Chief of Investigation Bureau Yayasan Riau Madani, Ahmad Joni mentioned, his side found, palm oil plantation enlargement belonging to PT Marita Makmur Jaya (MMJ) in Rupat Island, Bengkalis broke the law and regulations – the release of forest has no substitution.

Rubber Farmers in Bengkalis Become Palm Oil Farmers

Rubber Farmers in Bengkalis Become Palm Oil Farmers

BENGKALIS – Rubber farmers in District of Bengkalis are worried for the falling price of rubber. In addition, their daily needs gets higher and they are not worthy to their incomes.

Zero OF, Distillation Companies Got Negative Margins.

Zero OF, Distillation Companies Got Negative Margins.

PETALING JAYA – The free tax of crude palm oil exports which is given by the government of Malaysia until next February makes some losts for the distillation companies.