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<\/a><\/p>\n\u201cI signed the decree today. With the decree, we\u2019ll start auditing the palm oil companies. It will be implemented by the finance and development supervisory board (BPKP),” Minister Luhut said after inaugurating the expansion project of PT Nestle Indonesia in Karawang, West Java province on Tuesday, 07 June 2022.<\/p>\n
Luhut has been assigned by President Joko Widodo (Jokowi) to tackle the stubborn problem of cooking oil, especially in Java and Bali under a coordination with the economic coordinating ministry, trade ministry, industry ministry and other related institutions.<\/p>\n
The audit is aimed to evaluate the industrial governance of cooking oil from upstream to downstream. It was driven by the rising prices of cooking oil recently.<\/p>\n
According to Minister Luhut, the supply of cooking oil at domestic market has been improving. But he said that there was still a problem with its distribution. On the upstream side, the price of fresh fruit bunches (FFB) at the level of farmers was still below expectation.<\/p>\n
The former minister of politics, law and security (Polhukam) hoped that within the next one or two weeks the price of FFB from the farmers will reach Rp2,500 per kilogram. \u201cThe FFB price will rise after implementing the flush out program,\u201d he said.<\/p>\n
The program will make possible the exports of 2.0 million tons, now available as stock. \u201cThe government has been continually seeking ways to improve the welfare of farmers, in line with the rising public need at downstream sector,\u201d Luhut said during a press conference on Monday, 06 June 2022.<\/p>\n
He said that the government has also ensured the cooking oil producers, distributors, and retailers that they can get margin according to their production services.<\/p>\n
He noted that the government had issued 251 export licenses (PE), with CPO export reaching 302,000 tons as of early June this year.<\/p>\n
\u201cThe government will keep monitoring the export performance of palm oil. We\u2019ll take all necessary steps to expedite the rise of FFB if it is still too low,\u201d he said. (*)<\/p>\n
Source: TEMPO.CO | Featured image via bwbx.io<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Jakarta \u2013\u00a0Maritime and Investment Coordinating Minister Luhut Binsar Pandjaitan said that he had signed a decree on the requirement to audit palm oil companies operating in Indonesia.<\/p>\n","protected":false},"author":1,"featured_media":21550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-21549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\n
Minister Luhut Signs Decree To Start Auditing Palm Oil Firms - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)<\/title>\n<meta name=\"description\" content=\"I signed the decree today. With the decree, we\u2019ll start auditing the palm oil companies. It will be implemented by the finance and developm..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gapki.id\/en\/news\/2022\/06\/14\/minister-luhut-signs-decree-to-start-auditing-palm-oil-firms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Minister Luhut Signs Decree To Start Auditing Palm Oil Firms - Gabungan Pengusaha Kelapa Sawit Indonesia (GAPKI)\" \/>\n<meta property=\"og:description\" content=\"I signed the decree today. With the decree, we\u2019ll start auditing the palm oil companies. 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that\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_duri_thepalmscribe.id_.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_duri_thepalmscribe.id_.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_duri_thepalmscribe.id_.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/02\/palmoil_duri_thepalmscribe.id_.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":23357,"url":"https:\/\/gapki.id\/en\/news\/2023\/07\/02\/minister-luhut-obliges-palm-oil-firms-to-report-their-data\/","url_meta":{"origin":21549,"position":1},"title":"Minister Luhut Obliges Palm Oil Firms To Report Their Data","author":"admin","date":"July 2, 2023","format":false,"excerpt":"JAKARTA \u2013 Maritime and Investment Coordinating Minister (Menko Marves) Luhut Pandjaitan said that the government will take firm action against business players who ignore all efforts being pursued to improve the palm oil governance in Indonesia. \u201cToday, Satgas (Palm Oil Task Force established by the government to improve palm oil\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/07\/palmoil_firms_worldgeographyindonesia.files_.wordpress.com_.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/07\/palmoil_firms_worldgeographyindonesia.files_.wordpress.com_.png?resize=350%2C200&ssl=1 1x, 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The self-reporting system was established by the Indonesian government recently, following the decision of President Joko Widodo (Jokowi) to set up a\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/luhut_b_palmoil_pajak.com_.png?fit=932%2C577&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/luhut_b_palmoil_pajak.com_.png?fit=932%2C577&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/luhut_b_palmoil_pajak.com_.png?fit=932%2C577&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/08\/luhut_b_palmoil_pajak.com_.png?fit=932%2C577&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":23361,"url":"https:\/\/gapki.id\/en\/news\/2023\/07\/04\/minister-luhut-to-divert-palm-oil-exports-to-africa\/","url_meta":{"origin":21549,"position":3},"title":"Minister Luhut To Divert Palm Oil Exports To Africa","author":"admin","date":"July 4, 2023","format":false,"excerpt":"JAKARTA \u2013 Maritime and Investment Coordinating Minister (Menko Marves) Luhut Binsar Pandjaitan said that the Indonesian government will reorient palm oil exports from Europe to Africa due to the implementation of European Union (EU) Deforestation-Free Regulations (EUDR). During a press conference on increasing palm oil governance in Jakarta, Minister Luhut\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/07\/palmoil_id_.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/07\/palmoil_id_.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/07\/palmoil_id_.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/07\/palmoil_id_.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":27607,"url":"https:\/\/gapki.id\/en\/news\/2024\/03\/12\/minister-luhut-wants-to-fix-overlapping-palm-regulations\/","url_meta":{"origin":21549,"position":4},"title":"Minister Luhut Wants To Fix Overlapping Palm Regulations","author":"admin","date":"March 12, 2024","format":false,"excerpt":"JAKARTA \u2013 Maritime and Investment Coordinating Minister Luhut Binsar Panjaitan has admitted that overlapping regulations applied by a number of ministries had caused inefficiency in the palm oil industry. The inefficiency has resulted in a potential loss of state income at Rp172 trillion from the palm oil sector. \u201cWe see\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/03\/lbp_luhut_binsar_sawitkita.id_.jpg?fit=711%2C429&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/03\/lbp_luhut_binsar_sawitkita.id_.jpg?fit=711%2C429&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/03\/lbp_luhut_binsar_sawitkita.id_.jpg?fit=711%2C429&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/03\/lbp_luhut_binsar_sawitkita.id_.jpg?fit=711%2C429&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":21520,"url":"https:\/\/gapki.id\/en\/news\/2022\/06\/06\/palm-oil-firms-asked-to-move-headquarters-to-indonesia\/","url_meta":{"origin":21549,"position":5},"title":"Palm Oil Firms Asked To Move Headquarters to Indonesia","author":"admin","date":"June 6, 2022","format":false,"excerpt":"JAKARTA \u2013 Maritime and Investment Coordinating Minister Luhut Binsar Pandjaitan has stated that the government will audit all palm oil companies operating in Indonesia and require them to have their headquarters in Indonesia instead of abroad. Minister Luhut made the statement after being assigned by President Joko Widodo (Jokowi) to\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/06\/governing_forestsnews.cifor_.org_.jpg?fit=953%2C517&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/06\/governing_forestsnews.cifor_.org_.jpg?fit=953%2C517&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/06\/governing_forestsnews.cifor_.org_.jpg?fit=953%2C517&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/06\/governing_forestsnews.cifor_.org_.jpg?fit=953%2C517&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2022\/06\/palmoil_sawit_bwbx.io_.jpg?fit=864%2C508&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/21549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=21549"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/21549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/21550"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=21549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=21549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=21549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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