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Government asks for acceleration of palm oil rejuvenation

24

Nov

Government asks for acceleration of palm oil rejuvenation

"The increase of people's plantation productivity becomes priority, and the funding support from BPDP needs to be increased for the acceleration of [...]

Government asks for acceleration of palm oil rejuvenation. `The increase of people's plantation productivity becomes priority, and the funding support from BPDP needs to be increased for the acceleration of rejuvenation,` Agriculture Minister Andi Amran Sulaiman uttered in Nusa Dua, Bali, on Wednesday. In 2016, BPDP-KS allocated a rejuvenation funding for 100,000 hectares of farmers' land. However, the absorption for the rejuvenation is still considered low because it is constrained by legality of land that is difficult to be fulfilled by people's farmers. The constraint is caused by the requirement set by BPDP-KS that the people's farmers who receive the oil-palm rejuvenation funding assistance should form a farmers group in order for the rejuvenation process to be more efficient. Moreover, farmers also need to establish a cooperative, and have a legal land title certificate and have the potential to obtain the Indonesia Sustainable Palm Oil System (ISPO) certificate. The obstacle in increasing the productivity of people's plantation, Amran said, based on the Minister of Environment and Forestry, is due to overlapping with forest areas. The problem needs to be solved in order to provide legal certainty and acceptability by bank loans. `Meanwhile, for the oil-palm plantation in peatland, the implementation of sustainable peat management needs to be enhanced with the objective to increase productivity and prevent land fires,` Amran said. In addition, the government considered that the oil palm rejuvenation program can be carried out by integrating land either owned by farmers or company. The integration program takes form of oil-palm plantation integration with cow breeding and still using funding from BPDP-KS. It was recorded that during the period of January to August 2016, BPDP-KS had collected funds of Rp7.19 trillion from oil-palm export levy collection. While in July to December 2015, the collected funds amounted to Rp6.9 trillion, so that the total collected funds reached Rp14.1 trillion since the establishment of the agency in July 2015. BPDP-KS has channeled 71 percent of the total obtained funds for biodiesel subsidy program. Until June 2016, the total subsidy for biodiesel reached Rp6.52 trillion, so that the majority of funds released by BPDP-KS were for biodiesel subsidy and not for plant rejuvenation.In the period of July to December 2015, from the total amount of collected funds of Rp6.9 billion, the majority was used to pay for the biodiesel price difference subsidy. It was recorded that the biodiesel subsidy payment reached Rp467.21, research of Rp10.25 billion, and for the rejuvenation of only Rp623.5 million.
Editor: Ruslan BurhaniReporter: Vicki Febriantohttp://www.antaranews.com/berita/597853/pemerintah-minta-percepatan-peremajaan-sawit

PT. KPB Nusantara Conducts Tree Planting in Ragunan Wildlife Park

23

Nov

PT. KPB Nusantara Conducts Tree Planting in Ragunan Wildlife Park

as part of a series of activities for the 7th anniversary celebration themed "Caring for the Environment for a Better Tomorrow". This activity is a [...]

Indonesian Cocoa Day: a momentum to increase local chocolate consumption

22

Nov

Indonesian Cocoa Day: a momentum to increase local chocolate consumption

"Although organized in a simple way, it is hoped that the commemoration of Indonesian cacao day this year will keep the spirit of the entire [...]

Indonesian Cocoa Day: a momentum to increase local chocolate consumption. `Although organized in a simple way, it is hoped that the commemoration of Indonesian cacao day this year will keep the spirit of the entire stakeholder in developing national cacao,` Panggah said.The series of events that will be carried out are a cacao and chocolate product exhibition, an announcement of the best cacao beans of 2016, and a seminar as well as a workshop on cacao.Panggah delivered, at the moment the consumption of cacao by Indonesian people is still relatively low at an average of 0.4 kg per capita per year, and this is far lower if compared with the consumption in Asian nations such as Singapore and Malaysia which has reached 1 kg per capita per year.`One of the efforts to increase chocolate consumption is through a promotion that is carried out both domestically and abroad, as well as through the Indonesian Cacao Day Commemoration movement,` he explained.Indonesian Cacao Day Commemoration has become a tradition for all of the stakeholders of Indonesian cacao and chocolate that is celebrated every year since 2012.  `Hopefully this activity can be carried out every year, so that domestic chocolate consumption can increase in line with the growth of the downstream processed cacao industry in Indonesia,` Panggah said.
Editor: Jafar M Sidik
http://www.antaranews.com/berita/597479/hari-kakao-indonesia-momentum-tingkatkan-konsumsi-cokelat-lokal

Tanker explodes in Batam, oil theft suspected

22

Nov

Tanker explodes in Batam, oil theft suspected

"After an investigation by the Riau Islands Regional Police, the ship was found to have another name, MT Fajar. The tanker was used to steal oil in [...]

Tanker explodes in Batam, oil theft suspected. `After an investigation by the Riau Islands Regional Police, the ship was found to have another name, MT Fajar. The tanker was used to steal oil in Karimun,` said Riau Islands Regional Police Chief Brigadier General Sam Budigusdian in Batam on Monday. The tanker was ordered by O, an employee of a hotel in Batam, at the behest of the hotel owner who was also the ship owner, to sail to Karimun on October 28. After several hours of sailing, it arrived in the area behind the Karimun Customs Office at approximately 11:00 p.m. WIB. Next, the ship took on oil from MT Tobanganen, which was evidence in a smuggling case still pending in court until it was completed on October 29 at approximately 4:30 a.m. WIB.  `Next, the tanker sailed to OPL on the instructions of the suspect O and was sold. Next, the ship sailed to Batam,` he said. The Riau Islands Regional Police, he said, will also summon the KPLP and the Prosecutor's Office for questioning in the case. `Eight suspects have been named in this case from the ship's crew, including O who gave the orders,` said Sam. After the ship was in Batam and undergoing repairs, it exploded, killing one person and seriously injuring three others. `This was due to negligence because the ship was not completely clear of oil and yet repairs had begun, which ultimately led to the explosion,` he said. Previously, the Karimun Police in the Riau Islands Province stated that the seals on the storage tanks for the MT Tabonganen 19 GT 757's crude oil or CPO, the cargo of which is suspected to have been stolen, were broken. Karimun Police Chief AKBP Armaini in Tanjung Balai Karimun said that several investigators had boarded the Indonesian-flagged tanker as a follow-up to the report filed by the Tanjung Balai Karimun District Prosecutor's Office on Monday (14/11) regarding the disappearance of evidence in the form of thousands of barrels of the ship's CPO cargo.He said that the volume of crude oil in the ship's hull would be remeasured as part of the investigation process in the case.
Editor: Tasrief Tarmizi
http://www.antaranews.com/berita/597404/tanker-meledak-di-batam-terlibat-pencurian-minyak

RUBBER PRICES: Spurred by Speculation of Higher Demand, Rubber Closes Stronger

17

Nov

RUBBER PRICES: Spurred by Speculation of Higher Demand, Rubber Closes Stronger

Rubber for April 2017 delivery, the most active contract on the Tokyo Commodity Exchange, closed 0.33% or 0.70 points higher at 213.10 yen/kilogram [...]

RUBBER PRICES: Spurred by Speculation of Higher Demand, Rubber Closes Stronger. Rubber for April 2017 delivery, the most active contract on the Tokyo Commodity Exchange, closed 0.33% or 0.70 points higher at 213.10 yen/kilogram (kg). Earlier, the rubber contract for April opened with an increase of 1.04% or 2.20 points at 214.60 yen/kg. On Wednesday (16/11/2016), the price of April rubber contracts closed up 6.04% or 12.10 points to the level of 212.40. As reported by Bloomberg, strengthening rubber prices in line with speculation of increased demand and the weakening Japanese yen. `Rubber strengthened amid a rally in copper and other industrial commodities in line with expectations of increased demand due to the US President-elect Donald Trump's infrastructure spending plan,` said Kazuhiko Saito, an analyst at Fujitomi brokerage, as quoted by Bloomberg. Meanwhile, the Japanese Yen exchange rate weakened 0.29% or 0.32 points to 109.40 against the US dollar at 14.17 WIB. Movement of April 2017 Rubber Contract Price on TOCOM     Date   Price (Yen / kg)   Change     17/11/2016   213.10   + 0.33%     16/11/2016   212.40   + 6.04%     15/11/2016   200.30   + 1.32%     14/11/2016   197.70   - 3.80%     11/11/2016   205.50   + 3.47%     Source: Bloomberg http://market.bisnis.com/read/20161117/94/603584/harga-karet-dipicu-spekulasi-kenaikan-permintaan-karet-ditutup-menguat

Libya plans on raising its oil production to 900,000 barrels

17

Nov

Libya plans on raising its oil production to 900,000 barrels

“We have been producing 300,000 barrels per day for several months, and we are gradually moving to 600,000 barrels per day. Our target is to reach [...]

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