• India's Latest Palm Oil Import Policies to Impact on Indonesia?

    India's decision to double import duties on crude palm oil (CPO) from 7.5 percent to 15 percent earlier this month should have a big impact (India being the world's largest palm oil importer). The move is an effort to protect domestic palm oil farmers. India also raised the levy on refined, bleached and deodorized (RBD) palm olein by 10 percent to 25 percent.

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  • Oil & Gas Sector: Indonesia to Revise Gross Split Scheme Soon

    Indonesia's Energy and Mineral Resources Ministry will revise Energy Regulation No. 8/2017 on the gross split scheme. It was decided to revise this relatively new regulation after an evaluation was conducted that included input from oil and gas contractors. Deputy Energy Minister Arcandra Tahar announced the revision earlier this week.

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  • What's Behind Matahari Department Store's Falling Shares?

    Indonesia's largest department store chain Matahari Department Store has seen its shares plunge 32.2 percent to IDR 10,775 a share since its recent peak of IDR 15,900 a piece on 22 May 2017. Although its shares rebounded 2.13 percent on Wednesday (23/08) they remain around the lowest level since early 2014. What is behind this decline?

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  • Indonesia-Chile Comprehensive Economic Partnership Agreement

    Chile and Indonesia are on track to sign a comprehensive economic partnership agreement (CEPA) before the end of 2017. Both nations concluded the fourth round of negotiations on 23 August 2017 in Jakarta, while the final round is scheduled for October in Chile. Iman Pambagyo, Chief of the Indonesian negotiating team, said that in the first stage of the partnership a number of specific goods are prioritized to be free from import tariffs.

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