ASEAN Economic Community Strategy Center

Indonesia: CPO Export Drops But Price on the Rise

TEMPO.CO, Jakarta – Indonesia`s export of crude palm oil (CPO) and its derivatives fell by nearly 2 percent to 25.7 million tons in 2016 from 26.2 million tons in 2015. Despite export decline, the price of crude palm oil (CPO) is on the rise, reflecting a good trend, and has reached Rp9.140 per kilogram (kg), as […]

Vietnam: Vietnam proposes hiking environmental protection tax on gasoline

Vietnam’s Ministry of Finance has proposed a draft law that suggests nearly tripling environmental protection tax on oil and gas consumption. People in Vietnam currently have to pay VND3,000 (US$0.13) in environmental tax for each liter of gasoline, while the finance ministry recommended that should be raised to VND8,000 ($0.36) in its draft regulation, which […]

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Indonesia: CPO Export Drops But Price on the Rise

Vietnam: Vietnam proposes hiking environmental protection tax on gasoline