Indonesia becomes the world′s biggest sustainable palm oil producer

03 May, 2012 | Source: Jakarta Post

Indonesia has become the world’s biggest palm oil producer on the back of higher production of locally certified sustainable palm oil (CSPO), an international multi-stakeholder certification body says.

The top place is also attributable to the rising number of local palm oil producers joining in the sustainable certification scheme, says the Roundtable on Sustainable Palm Oil (RSPO) Indonesia.

As of the first quarter of this year, local growers generated around 2.71 million tons of CSPO, overtaking Malaysia — traditionally the largest CSPO producer — which generated 2.69 million tons, RSPO Indonesia director, Desi Kusumadewi, said on Thursday.

The increase in total Indonesian output derived partly from PT Inti Indosawit Subur in Buatan, Riau, which produced a total of 54,282 tons of certified RSPO.

In 2011, the country′s output was 2.3 million tons.

 

President Joko Widodo (Jokowi) said Indonesia already enters years of low inflation, with inflation around 3 percent in the past two years.
President of the World Bank group, Jim Yong Kim, here on Tuesday expressed his support to the Indonesian governments plan on the tax reform program, which aimed to increase the state budgets income.
President Joko Widodo (Jokowi) plans to visit Turkey to develop partnership in strategic industry and economy with the country, Foreign minister Retno Marsudi said here on Monday at the state palace after a meeting prior to the presidents visit to Turkey and Germany.
Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
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