In order to support macro economic policy, to reduce fuel oil import, and to save foreign exchange, the government accelerated the use of biofuel as other fuel. Minister of Energy and Mineral Resources (MEMR) has enacted a MEMR Regulation No 12/2015 on the third amendment to the MEMR Regulation no 32/2008 concerning the provision, utilization, and biofuel commercial system constituting other types of fuel. [googlepdf url=\`http://www.bpdp.or.id/wp-content/uploads/2018/07/Permen-ESDM-12-Thn-2015.pdf\` download=\`Download\` width=\`600\` height=\`400\`]

A limited cabinet meeting on the acceleration of mandatory use of biodiesel led by President Joko "Jokowi" Widodo at the Presidential Office in Jakarta (20/7) decided that Biodisel 20 (B20) be consistently implemented entirely. "The President wants that the use of B20 can be consistently implemented entirely because the impact will be significant for the efficiency of our foreign exchange reserves, and also to reduce oil imports," said Cabinet Secretary Pramono Anung to reporters after the meeting.

In order to to accelerate provision and utilization biofuel constituting other types of fuel, the government needs to review Minister of Energy and Mineral Resources (MEMR) Regulation No.

A deep understanding on the national palm oil industry is seen to be necessary to avoid misperception as too many negative campaigns against the industry.

INDONESIAN government and palm oil stakeholders are constantly working to convince the world that Indonesian palm oil is healthy product to consume.

The Indonesian Oil Palm Estate Fund (BPDPKS) participated in the The 6th International Oil Palm Conference and Exhibition (IOPC) in Medan, Tuesday 17-19 July 2018.

Palm oil industry has a significant role in regional and national economic development, including poverty alleviation.

DOMESTIC palm oil production will be enough to support government plan to accelerate the use of fuel with 30% biodiesel content (B30 biofuel).

PRESIDENT Director of Indonesian Oil Palm Estate Fund (BPDPKS) Dono Boestami said that government may accelerate the use of fuel with 30% biodiesel content (B30 biofuel) in order to whittle down the country\'s surplus of crude palm oil (CPO). "Furthermore, as Minister of Energy and Mineral Resources (Ignasius Jonan) said, it is possible to accelerate up to 100%, but after passing tests," Dono said as quoted by Bisnis.com (15/7/2018). In his opinion, CPO consumption for biodiesel would be a crucial factor in supporting the industry players regarding tariff and export duties on several CPO product derivatives such as cooking oil. "The problem is not about (export) tariff, but we are also redressing the balance between CPO supply and demand.

In order to promote Sustainable Palm Oil Production & Trade, the Solvent Extractors\` Association of India (SEA) has inked an agreement with the Indonesian Palm Oil Board (DMSI) and Solidaridad Network Asia Limited (SNAL) at Jakarta in Indonesia recently. A memorandum of understanding (MoU) was signed on July 16 2018, during a visit of high level delegation from SEA to Jakarta recently. SEA president Atul Chaturvedi signed the MoU in the presence of the Indonesian Coordinating Minister for Economic Affairs, Darmin Nasution. It is expected that such a cooperation would lead to joint promotion of Indonesian Sustainable Palm Oil (ISPO) and the Indian Palm Oil Sustainability (IPOS) aligned sustainable palm oil in India, Indonesia and other markets through awareness creation amongst all stakeholders including consumers. The MoU recognises for the first time ISPO and the IPOS as legitimate sustainability framework for palm oil production and trade between both the countries. Nasution expressed hope on a cooperation between SEA-DMSI-SNAL, which will be able to strengthen the relationship and take forward the discussion on continued growth of palm oil and its derivatives. Commenting on the MoU signing, Chaturvedi said, \`The MoU would lead the way for long term sustainability of palm oil sector in the region by reducing barriers and facilitating enhanced production and trade of sustainable palm oil.\` (Business Line)

CHINESE companies has signed a purchase contract of 1,21 million tons of palm oil products from Indonesia with a total contract value of US$726 million. Indonesian Ambassador to China Djauhari Oratmangun expressed his appreciation for this trade agreement.

THE INDONESIAN government regulates the mechanism of determination of purchase price of oil palm fresh fruit bunch (FFB) to provide protection on reasonable price of FFB produced by smallholder farmers and to reduce unfair competition among palm oil mills. [googlepdf url=\`http://www.bpdp.or.id/wp-content/uploads/2018/07/Permentan-No.1-Pedoman-Penetapan-Harga-TBS.pdf\` download=\`Download\` width=\`600\` height=\`800\`]