KUALA LUMPUR: The Indonesian government has announced a plan to introduce export levies for palm oil exporters that will be used primarily to fund its biodiesel programme, as well as for replanting and research programmes in local plantations.
According to media reports, Indonesian President Joko Widodo has signed a regulation requiring exporters to pay the levy yesterday.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!