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Tag Archives: Indonesia

Indonesia’s halt to palm oil expansion set to expire soon



JAKARTA: Indonesia’s moratorium on new oil palm plantation permits is set to expire this week as the industry awaits clarity on whether the government will extend the policy.

President Joko Widodo ordered a stop to permit issuance for new plantations and expansion of existing ones for three years in a decree signed Sept. 19, 2018. That order expanded on an earlier ban on permits for plantations on primary forest and peat land.

As palm prices surge almost 50% in the past year due to tight supply, the government has given few signs on whether the moratorium would remain. The breakneck expansion of plantations through Southeast Asia has come at the expense of vast swathes of tropical rainforest.

An extension could lead prices to climb higher as there

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Indonesia may reopen to tourists from some countries in October



JAKARTA: Indonesia may allow foreign tourists to start returning to the popular resort island of Bali and other parts of the country by October after a sharp slide in COVID-19 cases, senior minister Luhut Pandjaitan said on Friday.

The Southeast Asian nation intends to move cautiously to reopen its borders following a devastating second virus wave, driven by the Delta variant.

Luhut, the Coordinating Minister for Maritime and Investment Affairs, said the addition of confirmed cases of COVID-19 had dropped by 94.5% since a peak in mid-July.

"We are happy today that the reproduction rate is below 1... It is the lowest during the pandemic and is indicating the pandemic is under control," Luhut told a news conference.

Other positive signs includ

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Indonesia plans to sell electricity to Malaysia

Thursday, 10 November 2016 JAKARTA: Indonesia plans to sell electricity to Malaysia, Thailand and Singapore as the government is targeting greater profitability from several coal mine-mouth power plants that are anticipated to be completed soon in Sumatra. According to National Development Planning Board head, Bambang Brodjonegoro, the plan was feasible …

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