Vietnamplus

Indonesia has temporarily waives its export levy for all palm oil products until August 31 in an attempt to beef up exports and ease high inventories.

The Indonesian government is set to temporarily suspend the export of new and renewable energy in order to prioritise domestic demands as the national clean energy mix for electricity is still at 11.7 percent, local media reported.

Indonesia’s Ministry of Energy and Mineral Resources (EMR) is mulling over a proposal to raise the domestic market obligation (DMO) for coal from 25 percent to 30 percent of total production to anticipate rising domestic demand, Minister Arifin Tasrif has said.