Indonesia to develop biofuel-run locomotives ASEAN

Indonesia to develop biofuel-run locomotives

State-owned railway company PT Kereta Api Indonesia (KAI) Persero is working with private logistic railway service firms Servo Railway and Progress Rail for designing locomotives run on B100 biodiesel.
Thailand sets guaranteed palm oil price World

Thailand sets guaranteed palm oil price

The National Oil Palm Policy Committee of Thailand has approved a guaranteed price for palm oil and will submit the guarantee to the cabinet for approval within two weeks.
Thailand works to distribute palm oil overstock World

Thailand works to distribute palm oil overstock

The Thai government is making efforts to sell some of its domestic supply of raw palm nuts and crude palm oil to ease its current high stock of 400,000 tonnes of oil, compared to the normal level of 250,000 tonnes.
Indonesia threatens to ban some European goods World

Indonesia threatens to ban some European goods

The Indonesian government will boycott planes, vehicles and other products from the European Union if it bars the country’s crude palm oil (CPO) from being used as raw material for bio-fuel, a senior minister said on March 20.
Indonesia seeks to boost economic ties with Russia World

Indonesia seeks to boost economic ties with Russia

Indonesian President Joko Widodo have had a bilateral meeting with his Russian counterpart Vladimir Putin on increased economic cooperation between the two countries on the sidelines of the 33rd ASEAN Summit in Singapore.
Indonesia, Italy enhance economic cooperation World

Indonesia, Italy enhance economic cooperation

Indonesian Coordinating Minister for Economy Darmin Nasution and visiting Italian Minister of Economic Development Carlo Calenda have agreed to enhance bilateral economic cooperation during their recent meeting in Jakarta, Indonesia.
Indonesia denies freezing CEPA negotiation with EU World

Indonesia denies freezing CEPA negotiation with EU

The international trade negotiation director general of Indonesia’s Trade Ministry, Iman Pambagyo, has denied rumours that Indonesia will freeze negotiations on the Comprehensive Economic Partnership Agreement (CEPA) with the European Union (EU) due to a recent palm oil resolution issued by the EU parliament.
Indonesia, Angola agree to step up cooperation World

Indonesia, Angola agree to step up cooperation

Indonesian Minister of Foreign Affairs Retno Marsudi and her visiting Angolan counterpart Georges Rebelo Pinto Chikoti agreed to step up relations between the two countries in various fields with emphasis on trade and commerce.