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Latest News

Trade minister urges France to cancel progressive palm oil tax

09

Feb
Trade minister urges France to cancel progressive palm oil tax

The French Parliament plans to gradually increase palm oil taxes starting next year. The tax is stipulated in Amendment No. 367 as adopted by the [...]

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France Impposes Tax on CPO Import, Indonesia Set to Retaliate with High Import Duties

05

Feb
France Impposes Tax on CPO Import, Indonesia Set to Retaliate with High Import Duties

“We force the French who have business interests in Indonesia to be our lobbyists,” said Drajad, in Jakarta, Thursday (2/4/2016). Drajad [...]

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Rubber-producing countries agree to cut exports in 2016

05

Feb
Rubber-producing countries agree to cut exports in 2016

The Secretary of the Indonesian Rubber Producer Association (Gapkindo) for North Sumatra, Edy Irwansyah, in Medan on Thursday, said that the [...]

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ITRC agrees to cut natural rubber exports

04

Feb
ITRC agrees to cut natural rubber exports

The Acting Director General of Foreign Trade at the Trade Ministry, Karyanto Suprih, explained in Jakarta on Thursday that member countries of the [...]

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Rizal Ramli: Palm Oil Tax Plan Shows Arrogance of France

04

Feb
Rizal Ramli: Palm Oil Tax Plan Shows Arrogance of France

"The policy plan demonstrates exceptional arrogance and is not reasonable," If France continues to demand to implement progressive tax on CPO [...]

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Oil Rout Continues as WTI Crashes Below $30

03

Feb
Oil Rout Continues as WTI Crashes Below $30

The US benchmark, West Texas Intermediate (WTI) for March delivery, fell $1.74 (5.5 percent) to end at $29.88 a barrel on the New York Mercantile [...]

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