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

MOU Partnership Signed between Organisers of Bali International Airshow and Angkasa Pura I

Selasa, 05 Desember 2023 - 21:36 WIB

MOU Partnership Signed between Organisers of Bali International Airshow and Angkasa Pura I

A Memorandum of Understanding (MOU) has been signed between Indonesian state-owned enterprise PT Angkasa Pura I I Gusti Ngurah Rai International Airport - Bali and PT Inaro Tujuh Belas for the…

Environmental resilience a critical concern for major Asian cities

Selasa, 05 Desember 2023 - 21:32 WIB

Environmental resilience a critical concern for major Asian cities

Tokio Marine Group and Economist Impact announced the launch of The Resilient Cities Index 2023, a major new study into the most prominent risks faced by global cities. The index was devised…

'K-Pop Dance AI Platform' STEPIN Surpasses 200,000 Downloads

Selasa, 05 Desember 2023 - 21:29 WIB

'K-Pop Dance AI Platform' STEPIN Surpasses 200,000 Downloads

Sidewalk Entertainment, an AI startup company based in Seoul, South Korea, announced on October 30 that their global K-Pop Dance AI Platform, STEPIN, has gone beyond 200,000 downloads. STEPIN…

GIP ASEAN Chapter Launched in Jakarta

Selasa, 05 Desember 2023 - 21:25 WIB

GIP ASEAN Chapter Launched in Jakarta

Jakarta, Indonesia - The Green Investment Principles for the Belt and Road (GIP) expands its reach into Southeast Asia with a new Chapter launched. The ASEAN Chapter is a key part of GIP's…

Casio to Release MR-G with Iconic Form and Comfortable Dura Soft Band

Selasa, 05 Desember 2023 - 21:21 WIB

Casio to Release MR-G with Iconic Form and Comfortable Dura Soft Band

Casio Computer Co., Ltd. announced today the release of a new addition to the MR-G line, the flagship of the G-SHOCK brand of shock-resistant watches. The new MRG-B5000R inherits the iconic…