infoSAWIT News

InfoSAWIT, PONTIANAK – West Kalimantan Province showed its success to develop palm oil plantations that delivered economic profits and solved social and economic issues in the province.

InfoSAWIT, JAKARTA – Palm oil is one significant commodity in the globe and delivers impacts for the economy in the world. The price just like other commodity, has something to do with many factors. In this article, we would explore the factors that could encourage palm oil price.

InfoSAWIT, JAKARTA – Sinarmas MSIG Life and MSIG Indonesia conducted the inauguration of Coral Reef transplantation on Pramuka Island (25/10). Both companies made a commitment to realize a better quality of life.

InfoSAWIT, JAKARTA - Food crisis flaming in the world keeps happening. This gets worse by the raise of economic, geopolitics crisis and unfriendly nature. Economic crisis that happens in developed countries delivered impact to the increasing US dollar.

InfoSAWIT, JAKARTA - Komunitas Lingkungan Eksternal Binaan BGA (Kolega) would be the way for the company to identify villagers’ development potential to deliver profits one to another by empowering economy about palm oil and other activities.

InfoSAWIT, JAKARTA – Palm oil exports significantly play the role to trade balance in Indonesia. In 2021 -2022 the exports got highly numbers up to US$ 33,2 billion. The downstream sectors contributed US$ 39,07 billion,” Executive Director of Indonesian Palm Oil Association (IPOA), Mukti Sardjono said in an event that InfoSAWIT attended by the midst of September 2023 in Medan.

InfoSAWIT, CILACAP – When facing challenge in the globe about reducing carbon emission and introducing renewable energy source, PT Kilang Pertamina Internasional (KPI) leads the way for aviation industries heading to greener future. In its efforts to produce environmental fuel for plane, KPI announced its plan to 100 percent produce palm kernel oil or bio – aviation turbine (bioavtur) in Kilang Cilacap in 2026.

InfoSAWIT, JAKARTA – Musim Mas, one integrated palm oil plantation company in Indonesia announced Genetic Research Centre successfully developed the latest four palm oil hybrids, they are, DxP Musim Mas GS1, DxP Musim Mas GS2, DxP Musim Mas GS3, and DxP Musim Mas GS4.

InfoSAWIT, SURABAYA – Indonesia has mastered 35 percent of palm oil trade globally. The numbers are hoped to be more though there are some issues to be solved, including the publication of European Union Deforestation Policy (EUDR).

InfoSAWIT, SURABAYA – Palm oil research and development program is one way of Palm Oil Plantation Fund Management Agency (PFMA) is doing to reinforce, develop, escalate, empower palm oil plantations and industries that would be in synergy from upstream to downstream sectors. The program started from the students of Indonesia to have will in researching palm oil to realize sustainable and tough palm oil industries in national scale.

InfoSAWIT, JAKARTA – The early of November 2023 should be the deadline when the government provided time to solve palm oil plantations in forest regions. Palm oil plantation bleaching raised worry and serious question from many parties about legal implication and the impacts to the people and environment.

InfoSAWIT, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) increased to be Rp 11.225/kg on Friday (3/11/2023). It means it got better Rp 20/kg or about 0,18% compared to Thursday (2/11/2023) tender that was Rp 11.205/kg.

InfoSAWIT BOGOR – The deadline to solve palm oil plantations in forest regions is no longer available. According to Undang-Undang Cipta Kerja (UUCK), which has been substituted to be Government Regulation in lieu of Law of UUCK, on 2 November 2023 was the deadline to the case both in Chapter 110A and Chapter 110B.

InfoSAWIT, SINGAPORE – Crude palm oil (CPO) reference contract price at Malaysia Derivatives Exchange increased on Friday (3/11/2023) because many worried about the lack of supply that surpassed the worry about decreasing food imports to india, and decreasing demands in China.

InfoSAWIT, PEKANBARU – Riau Province finally got palm oil profit sharing from the central government that reached Rp 83,13 billion from Rp 3,4 trillion in total. The numbers would be distributed from September to December 2023. Riau got the biggest numbers, then North Sumatera that reached Rp 74,86 billion, and West Kalimantan about Rp 65,66 billion.

InfoSAWIT, JAKARTA – It is admitted or not, palm oil commodity in Indonesia enjoyed its good expense until the midst of 2022. It happened for series of expense that had something to do with 2021 which was very complicated.

InfoSAWIT, JAKARTA – The Government of Indonesia is dealing with urgency until 2 November 2023 to solve palm oil plantation permits in forest regions. It is regulated in the Laws Number 11 / 2020 about Undang – Undang Cipta Kerja (UUCK). The permit solution would be divided into two typologies, they are, Chapter 110 A and Chapter 110 B with the target areas about 3,37 million hectares.

InfoSAWIT, JAKARTA – The Judges of Supreme Court declined the plea to reappraisal of case in PT Kaswari Unggul (PT KU) about the fire in the forests and areas that laid on about 129,18 hectares in Jambi Province. The sentence that was announced on 30 October 2023 confirmed the previous sentence by South Jakarta Court, DKI Jakarta High Court, and Supreme Court that sentenced PT KU to pay Rp 25.527.525.180,00. The numbers consist of material losses that reached Rp 15.758.610.630,00, and environment recovery that reaches Rp 9.768.914.550,00.

InfoSAWIT, JAKARTA – Member of Ombudsman RI, Yeka Hendra Fatika told about what independent smallholders face namely whose having palm oil plantations less than ten (10) hectares because they are difficult to qualify administrative requirement to get their business legal according to Undang—Undang Cipta Kerja (UUCK). Yeka urged the government to really notice this issue.

InfoSAWIT, JAKARTA - Ombudsman RI sent official documents to Minister of Environment and Forestry by suggesting to postpone deadline for submitting complete licensing requirements for palm oil stakeholders that were indicated to operate in illegal areas of forestry regions, that should end on 2 November 2023. The policy would potentially raise mal-administration knowing that there are issues about forest region status.