Pressured to solve the ongoing cooking oil crisis in Indonesia, President Joko Widodo reshuffled his cabinet and appointed Zulkifli Hasan to replace the previous Minister of Trade, Muhammad Lutfi.
JAKARTA Prosecutors in Indonesia have arrested a prominent economist in an ongoing investigation into why the world’s top producer of palm oil is suffering a domestic shortage of cooking oil. This latest development also puts another offshoot of the country’s palm oil industry biodiesel production in investigators’ crosshairs. Lin Che Wei, founder […]
Over the past couple of months we have informed on the shortage of cooking oil on the Indonesian market, the subsequent inflationary pressures this shortage caused, and the policies that were imposed by the government to tackle this shortage. But, we did not devote an entire article to this topic.
Chairperson of the All-Indonesian Market Traders Association (APPSI) Sudaryono commended and supported President Joko Widodo's policy of the crude palm .