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Today's Headlines Gakpi

  • Crude Palm Oil (CPO) Industry Indonesia: What about 2017?

    Crude Palm Oil (CPO) Industry Indonesia: What about 2017?

    In 2015 the crude oil supply glut stemming from OPEC countries and the US shale gas revolution put severe downward pressure on commodity prices, including crude palm oil (CPO). Thanks to the El Nino and La Nina weather phenomenons (and a moratorium on new palm oil concessions) CPO output was curtailed in 2015 and 2016, implying some upward pressure for CPO prices, hence rebounding from a multi-year low of USD $526 per ton in November 2015. In 2016 the CPO price is expected to average USD $670 per ton.

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  • Update APEC Meeting Bali: Negative Investment List and APEC EG List

    Although the Asia-Pacific Economic Cooperation (APEC) CEO Summit meetings have not finished yet, there are already some interesting results. As has been reported previously, the Indonesian government will release another economic policy package in October. One new policy involves the revision of Indonesia's negative investment list (which lists sectors that are either wholly or partially closed to private foreign and/or domestic investment). Another positive result involves the APEC Environmental Goods List (APEC EG List).

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