Nusa Dua (ANTARA News) - Indonesia`s crude palm oil (CPO) production which last year reached 19 million tons now controls 14.37 percent of the world`s vegetable oils` market, a minister said."CPO accounts for 33.

Jakarta (ANTARA News) - Coordinating Minister for Economic Affairs Hatta Rajasa said the government will give incentives only to investors who can boost the country`s economic growth."The incentives will not be made available on a pro rata basis but will be given only to investors who make an...

Indonesia's position as the world's number one palm oil producer would likely not be shaken in years to come as the country still has 18 million hectares of land that could be used for palm oil plantations, almost double the current 9.7 million hectares that have been licensed for palm oil estates.

Coordinating Minister for Economy Hatta Radjasa promised Wednesday that the government would provide incentives to boost the development of palm oil industry into the downstream level, to provide more employment.