- December 26th, 2024
Indonesia, the world’s largest palm oil producer, is undertaking an ambitious drive to meet increasing domestic demand for biofuel, a crucial component of its energy policy. Indonesia’s chief economic minister, Airlangga Hartarto, announced on Thursday that the country will raise...
Palm oil, derived from the oil palm tree's fruit, has both advantages and disadvantages. It significantly contributes to the economies of countries like Malaysia and Indonesia by providing employment opportunities, supporting smallholder farmers, and generating foreign exchange earnings. Oil palm...
Kuala Lumpur, Malaysia Malaysia has increased its palm oil exports to China, a move that is causing concern in the global palm oil industry. The move comes as the European Union intensifies its efforts to ban products from deforested lands....