The Government has enacted Finance Minister Regulation No 23/PMK.05/2019 concerning Second Amendment to Finance Minister Regulation No 81/PMK.05/2018 concerning Tariff of Service by the Indonesia Oil Palm Plantatation Fund Management Agency (BPDPKS) of Ministry of Finance.

FINANCE Minister Sri Mulyani Indrawati has revised rule of palm oil, crude palm oil (CPO) and its derivatives export levies which is going to come into effect from 1 June 2019.

West Sumatera, one of the largest agricultural producers in Indonesia, has made palm oil cake its top commodity export as the province shipped 10 thousand tons palm oil cake to New Zealand. Palm oil cake is palm oil waste that can be used as raw material in the preparation of poultry rations.

MINISTRY of Energy and Mineral Resources (MEMR) has announced biofuel Market Price Index (MPI) for period of March 2019, included for biodiesel which is set at Rp7.403 per liter and bioethanol Rp10.167 per liter.

After a tough performance in 2018, Indonesian palm oil and its derivatives export showed impressive progress in early 2019.

Palm oil encourages government programs to treat and prevent malnutrition and stunting through its rich composition of vitamin and nutrition.

Council of Palm Oil Producing Countries (CPOPC) has agreed to take a stand on the proposed Delegated Regulation Supplementing Directive 2018/2001 of the EU Renewable Energy Directive II. At the 6th Ministerial Meeting of CPOPC in Jakarta (28/2/2019), the ministers agreed to jointly address discriminatory measures arising from the proposed Delegated Regulation.

Steering Committee of the Indonesia Oil Palm Plantation Fund Management Agency (BPDPKS) has decided to continue halting CPO export levy, though the current CPO price reference stands above threshold which allows government to collect the levy. Coordinating Minister for Economic Affairs Darmin Nasution explained that the trade ministry\'s CPO reference price for March 2019 stand at US$ 595 per ton or above a threshold of US$ 570 per ton.

Indonesian palm oil stakeholders have once again voiced their opposition to the proposed delegated act by European Commission on implementation of the EU\'s Renewable Energy Directive (RED II). On a press release (1/3/2019), Indonesian Palm Oil Board (DMSI) voiced its concern to oppose the policy.

Palm oil producers together with the government and stakeholders held a meeting to discuss their objection to European Union\'s policy on Renewable Energy Directive (RED II).

The Government has enacted Minister of Finance Regulation 117/2006 on Credits for Biofuel and Plantation Revitalization. [googlepdf url=\`http://www.bpdp.or.id/wp-content/uploads/2019/03/PERATURAN-MENTERI-KEUANGAN-NOMOR-117.pdf\` download=\`Download\` width=\`600\` height=\`800\`]

The Indonesia Oil Palm Plantation Management Agency (BPDPKS) visited Stiper Agricultural Institute (Instiper) Yogyakarta and LPP Yogyakarta to monitor and evaluate implementation of its scholarship program.