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Indonesian palm oil audit a chance to clean up very dirty industry

JAKARTA Activists have welcomed the Indonesian government’s announcement to carry out a nationwide audit of all palm oil companies operating here, in response to a shortage of cooking oil that has wracked the world’s top producer of palm oil. “What’s happening in the cooking oil industry is very dirty, because it’s filled with many […]

Indonesia calls for control of palm oil plantation size

Indonesia calls for control of palm oil plantation size
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For Indonesians, palm oil is everywhere but on supermarket shelves

JAKARTA Cartel practices have been blamed for a scarcity of cooking oil in the world’s top producer of palm oil but government policies seen as coddling the industry have also come under scrutiny. Households across Indonesia have since last October experienced acute shortages of cooking oil. Even when supplies have been available, prices […]

Indonesia s anti-trust body investigates cooking oil producers

JAKARTA Indonesia's anti-trust agency is investigating eight cooking oil producers on suspicion of cartel practices amid high retail prices, its chief Ukay Karyadi said on Thursday (March 31). The agency, known as the KPPU, first launched its probe in January when cooking oil prices were surging and is now focusing on eight companies that together control more than 70.

Indonesia s anti-trust body probes cooking oil producers

JAKARTA (Reuters): Indonesia's anti-trust agency is investigating eight cooking oil producers on suspicion of cartel practices amid high retail prices, its chief Ukay Karyadi said on Thursday (March 31).

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