PT Letawa, a subsidiary of Astra Agro Lestari Group which engaged in the oil palm plantation industry, commemorated World Environment Day by providing education to students and youth. The series of environmental education activities of PT Letawa start from June 2 to 5, 2024 in several locations such as Kalukumbeo Elementary School, Lariang Village, Mekar…
Babulu – World Environment Day is celebrated every year on June 5. World Environment Day is an important moment to remind us of our collective responsibility to protect and preserve the environment for the welfare of current and future generations. Celebrates World Environment Day, Astra Agro Lestari’s subsidiary, PT Sukses Tani Nusasubur (STN), in Labangka…
The Minister of State for Agriculture and Food Security, Senator Aliyu Sabi Abdullahi, has announced the Ministry’s readiness to partner with the Republic of Indonesia and other stakeholders to revive the country’s oil palm subsector to enhance food and nutrition security, job creation, and export opportunities, among others. The Minister stated this during a meeting…
Dipan (14), a Gunung Sejahtera Dua Indah (GSDI) Junior High School student, created a comic about a Central Kalimantan folktale, Hantuen. It tells the story of a demon or ghost who can transform into a human and eventually marry one of them. The student lives in Nangamua Village, West Kotawaringin, and says he enjoys drawing…
India’s palm oil imports rose sharply in May, jumping 12.4 percent from April to reach 769,000 metric tons, the highest level in four months, according to estimates from five industry dealers. The surge in purchases by the world’s biggest importer of vegetable oils was driven by a recent correction in palm oil prices, making it…
In today’s world, many of us tend to look for products that help to make us look good and stay healthy, and one ingredient stands out for its remarkable benefits: sustainable palm oil. Derived from the fruit of oil palm trees, this versatile oil is not only a staple in many kitchens but also a…
Jakarta – PT Astra Agro Lestari Tbk has been awarded the Gold Category Corporate Emission Transparency Award at the “Best Corporate Transparency and Emission Reduction 2024” award ceremony by Investortrust.id in Jakarta. The event was initiated by Investortrust.id in collaboration with the Bumi Global Karbon Foundation (BGK Foundation), which values corporations’ commitment to reducing carbon…
The palm oil industry plays an active role in emissions management. Indonesia, as the largest producer of palm oil, absorbs 64.5 tons of carbon dioxide (CO2) per hectare. According to the 2020-2022 National Leading Plantation Statistics data, Indonesia’s oil palm plantation area is 14.38 million hectares, which is calculated to absorb 927.5 million tons of…
The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a slight upward bias next week due to stronger demand, said a trader. According to palm oil trader David Ng, estimates by inspection company Intertek Testing Services (ITS) put Malaysian palm oil exports for May 1-25 higher by 1.37…
The government and Russia have strengthened bilateral economic cooperation in a number of fields. Bilateral economic cooperation is one of the important sectors to maintain and improve in order to strengthen the national economy in the face of the various increased risks of global uncertainty that continue to occur today. On the sidelines of the…
Jakarta — Indonesia is still the world’s largest palm oil producer, with Crude Palm Oil (CPO) production reaching 45.5 million metric tons (MT) per year. The palm oil industry is essential in improving the welfare of independent palm oil farmers and increasing the country’s foreign exchange earnings. Furthermore, the palm oil industry is able to…
Singkil Lama Beach is hot during the day, but the rows of mangrove trees provide shade, especially for the people in the surrounding villages. The sun penetrates the dense, dry branches of the mangroves, illuminating the various marine life that gather around the roots floating in the brackish water. Fish flit on each side of…
The Indonesian government has started testing the use of B40 biodiesel blends in building generators and heavy-duty vehicles (HDVs) as the country aims to increase biodiesel use to reduce its use of imported diesel, local media sources reported. The Lemigas Oil and Gas Testing Center (BBPMGB) of the Ministry of Energy and Mineral Resources (ESDM)…
As one of the largest palm oil producers, the government has issued a series of policies involving ministries and institutions to maintain the sustainability of Indonesian palm oil. Sawitsetara again organized the Indonesian palm oil policy series to thoroughly explore the regulations related to Indonesian palm oil. Sawisetara.co, with the support of the Palm Oil…
The plan to double palm oil production is still environmentally, technically and commercially feasible because there are still large areas outside the natural forests that are fit for oil palm estate expansion Among all the perennial crops grown in Indonesia, oil palm plays the most vital role in the country’s economy in terms of income…
Pasangkayu Regency in West Sulawesi has experienced rapid economic development in recent years, largely due to its thriving palm oil industry. A palm tree monument in front of the regent’s office symbolizes the crucial role palm oil plantations have played in enhancing the welfare and economic development of Pasangkayu’s more than 200,000 residents. Once a…
Analysts expect the crude palm oil (CPO) stockpile to increase in the coming months, potentially exerting downward pressure on prices. In their research notes on Monday, analysts from Maybank Investment Bank Bhd (Maybank IB), Hong Leong Investment Bank Bhd (HLIB) and Public Investment Bank Bhd forecast CPO inventories to continue rising, thus they maintained their…
PT Astra Agro Lestari (AAL), a company engaged in the oil palm plantation industry and has a number of subsidiaries in various regions, promoted Hermanto Rudi as Comunity Development Area Manager (CDAM) Borneo 3 in East Kutai Regency, East Kalimantan. Hermanto Rudi has an inspiring background, from being a casual daily laborer to becoming a…
Palm oil plantation company PT Astra Agro Lestari Tbk (AALI) consistently implements the palm oil replanting program (PSR). AALI said that the average replanting realization has reached 4,000 to 5,000 hectares (ha) every year since the program was released in 2016. “We consistently replant every year in the range of 4,000-5,000 hectares per year,” said Vice President…
Malaysian palm oil is expected to trade between 3,700- 4,300 Malaysian ringgit ($780-$906.4) per metric ton from now until June, as tight supplies are seen offsetting weak demand, leading industry analyst Dorab Mistry said on Wednesday. On Wednesday, the benchmark FCPOc3 was trading at around 3,900 ringgit per ton. “May will be the tightest month…
