Indonesia has received its first requests for palm oil export permits, some of which could be granted on May 30, Veri Anggriono, a senior official of the Indonesian Ministry of Trade said.
A farmer harvests palm seeds in Riau, Indonesia. (Photo: AFP/VNA)
Hanoi (VNA) - Indonesia has received its first requests for palm oil export permits, some of which could be granted on May 30, Veri Anggriono, a senior official of the Indonesian Ministry of Trade said.
Indonesia, the world’s top palm oil producer, has officially allowed exports to restart from May 23 after a three-week halt. However, companies are facing regulatory hurdles that are slowing the process of getting their shipments out.
The Indonesian government has targeted exporting 1 million tonnes of palm oil based on companies’ domestic sales.
Indonesia is requiring firms to reserve a share of their palm oil exports for the local market under a Domestic Market Obligation (DMO) and to join a bulk cooking oil programme.
Eddy Martono, Secretary General of the Indonesia Palm Oil Association (GAPKI), said he hoped exports could soon return to a pre-ban level of 2.5 million to 3 million tonnes per month./.
The Indonesian state energy company Pertamina will cooperate with engineering giant JGC Holdings Corporation (JGC) of Japan to turn methane generated in palm oil production into a biofuel.
Indonesia will lift its palm oil export ban from May 23, following improvements in the domestic cooking oil supply situation, the country's President Joko Widodo has announced.
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The ASEAN Future Forum 2024 (AFF 2024) entered its second plenary session in Hanoi on the afternoon of April 23, discussing ways to ensure comprehensive security for the people-centred ASEAN Community.
The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
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The Centre for Volcanology and Geological Hazard Mitigation (PVMBG) of Indonesia on April 21 lifted its tsunami advisory issued previously following the eruption of Mount Ruang in Sitaro district of North Sulawesi province.
Thailand expects to export about 1 million tonnes of durian, valued at an estimated 130 billion THB (3.53 billion USD) this year, with most of the shipments to China, according to Minister of Agriculture Thammanat Prompao.
The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.
Enhancing regional food security and tackling the pressing challenges of climate change will be key agendas defining Malaysia’s ASEAN Chairmanship in 2025, Speaker of the Dewan Rakyat (lower house) Johari Abdul told the press on April 19.
A farmer harvests palm seeds in Riau, Indonesia. (Photo: AFP/VNA) 
