JAKARTA, April 28 (Reuters) – S&P Global Ratings on Wednesday revised up its outlook for Indonesia’s credit ratings to “stable” due to its economic recovery from the pandemic and better terms of trade, after putting the country on a “negative” outlook since April 2020. Indonesia, the world’s biggest exporter of thermal coal and palm oil […]
Read MoreS&P Global Ratings on Wednesday revised up its outlook for Indonesia’s credit ratings to “stable” due to its economic recovery from the pandemic and better terms of trade, after putting the country on a “negative” outlook since April 2020. Indonesia, the world’s biggest exporter of thermal coal and palm oil as well as a major […]
Read MoreKUALA LUMPUR (April 26): Malaysia and Indonesia are leading the recovery of domestic travel demand in Southeast Asia (SEA), reaching 100 per cent growth in March compared with the same level in 2019, while countries such as Philippines, Thailand, and Vietnam are quickly following the lead. Google Asia Pacific travel lead Hermione Joye said staycations and […]
Read MoreINDONESIA is prepared to widen a palm oil export ban, which currently only applies to refined palm olein, if local shortages of derivative products used in cooking oil occur, according to details of an official meeting with companies. The world’s biggest palm oil exporter plans from Thursday to stop shipments of refined, bleached and deodorised […]
Read MoreJAKARTA: Indonesian government officials told palm oil companies yesterday that an export ban announced late last week would cover shipments of refined, bleached, deodorised (RBD) palm olein but not crude palm oil (CPO), two industry sources told Reuters. Officials at the trade ministry and coordinating ministry of economic affairs did not immediately respond to requests […]
Read MorePalm oil rallied after top producer Indonesia said it will ban all exports of cooking oil, a surprise move that threatens to worsen global food inflation and aggravate volatility in crop markets still reeling from the war. Indonesia said on Friday that the shipment halt will start from April 28 and last until the government […]
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