Government Needs Big Strategies Related to Oil Palm

By : Herry Barus And Aldo Bella Putra | Thursday, September 21 2017 - 18:00 IWST

INDUSTRY.co.id - Jakarta- The government needs to create an effective large strategy related to palm oil commodity which is one of the leading export goods owned by the national economy.

"The government should have a grand strategy or a national oil map," said Member of Commission IV of Hamdhani in a release on Wednesday (20/09/2017)

According to him, palm oil production is proven to overcome the economic disparities of people in a number of areas such as between in Java and outside Java.

Nasdem Party politicians also warned that Malaysia as a competitor country has a standard rule so that if Indonesia does not make the right regulation then it is possible that the position of RI as the ruler of crude palm oil market can be shifted.

As it was proclaimed, Indonesia could lose its market in India if the government did not immediately conduct bilateral negotiations following the imposition of two-fold import duties on crude palm oil (CPO) and processed palm products to countries in the South Asian region.

"In addition to large markets, India is not a fussy market demanding sustainability criteria such as Europe or the US Unfortunately we are losing potential markets," said Joko Supriyono, Chairman of the Indonesian Palm Oil Business Association (Gapki) in his written statement following event of Indonesia-Indonesia Business Forum on Palm Oil in Mumbai, Wednesday (13/9).

News Comment

Today's Industry

SUNeVision Initiates MEGA IDC Phase Two Development

Jumat, 28 Maret 2025 - 22:21 WIB

SUNeVision Initiates MEGA IDC Phase Two Development

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

 PT Metrodata Electronics Tbk (“MTDL”)

Jumat, 28 Maret 2025 - 22:07 WIB

TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary

PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Wireless Logic

Jumat, 28 Maret 2025 - 22:00 WIB

Wireless Logic Selected By Thales As IoT Connectivity Partner

Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Microvista Expands International Presence with Mobile CT System ScanExpress

Jumat, 28 Maret 2025 - 21:53 WIB

Microvista Expands International Presence with Mobile CT System ScanExpress

The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…

Pekerja Industri Tekstil

Jumat, 28 Maret 2025 - 21:44 WIB

Turning Loss into Profit, INOV Optimistic in Maintaining Positive Performance this Year

PT Inocycle Technology Group Tbk (INOV:IJ) Indonesia's leading and largest PET waste recycling Company managed to book sales of IDR 629 Billion in 2024, an increase of 4.8% compared to the previous…