trade
Indonesia and Malaysia assail new EU ban on ‘dirty commodities’ trade
JAKARTA — The governments of Indonesia and Malaysia, two of the world’s largest palm oil producers, have intensified their criticisms against European Union trade policies, which they deem to be discriminatory toward palm oil. Indonesia’s and Malaysia’s outcry has sown doubts over the two countries’ commitments to combat deforestation, with palm oil being a contributor […]
Indonesia prosecutors decry ‘lenient’ sentences in palm oil corruption case
JAKARTA — Anticorruption activists in Indonesia have criticized as too lenient the sentences handed down by an Indonesian court against officials at the center of a cooking oil shortage that rocked the world’s top producer of palm oil. A trade ministry official, a prominent economist, and three palm oil executives were on Jan. 4 convicted […]
For Indonesian smallholders, EU deforestation rule is a threat — and an opportunity
JAKARTA — New palm oil regulations being adopted by the European Union and the U.K. could put even more pressure on independent small farmers in Indonesia who are already struggling to meet sustainability requirements, new research suggests. Smallholder advocates say there needs to be greater support to help these farmers join the deforestation-free supply chain […]
‘Amazing first step’ as EU law cracks down on deforestation-linked imports
JAKARTA — The European Union has finalized a law that will ban the trade of commodities associated with deforestation and forest degradation. On Dec. 6, the European Council, Parliament and Commission struck a preliminary deal to adopt the deforestation-free regulation, proposed by the European Commission in 2021. The Parliament and the Council will still have to formally […]
EU ‘moving the goal posts’ with new timber requirement, Indonesia says
BERLIN — Indonesian officials have slammed the European Union’s proposal of a regulation that they say negates more than a decade of progress by the Southeast Asian country to comply with EU sustainable timber rules. Under a voluntary partnership agreement, or VPA, signed in 2011, Indonesia developed a system, known as the SVLK, to verify […]
With ban on palm oil exports, Indonesia reaps condemnation and praise
JAKARTA — Indonesia, the world’s biggest producer of crude palm oil, has ordered a ban on the export of the commodity starting April 28 to address an ongoing shortage of cooking oil in the country. President Joko Widodo announced the ban on April 22, set to run indefinitely, saying he wanted to ensure the country […]
Indonesian trade official, palm oil execs charged in cooking oil crisis
JAKARTA — Indonesian prosecutors have charged a top trade ministry official and three palm oil executives in connection with a scarcity of cooking oil that has driven up protest and caused public unrest. The Attorney General’s Office announced on April 19 that it had charged Indrasari Wisnu Wardhana, the director-general of foreign trade at the […]
For Indonesians, palm oil is everywhere but on supermarket shelves
JAKARTA — Cartel practices have been blamed for a scarcity of cooking oil in the world’s top producer of palm oil — but government policies seen as coddling the industry have also come under scrutiny. Households across Indonesia have since last October experienced acute shortages of cooking oil. Even when supplies have been available, prices […]
Deforestation for palm oil falls in Southeast Asia, but is it a trend or a blip?
JAKARTA — Deforestation associated with palm oil in the region covering Indonesia, Malaysia and Papua New Guinea has declined for the second straight year, a new analysis shows, dropping to its lowest level since 2017. The decline bucks concerns that palm oil deforestation would experience a surge last year, following the 2020 downturn, on the […]