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SMILE Program to Support Smallholders in Adopting Sustainable Practices

Palmoilmagazine.com, PEKANBARU – The push for sustainable practices in the palm oil industry is gaining momentum, not just among large plantations but also among independent smallholders. To support smallholders in adopting sustainable practices, SMILE (Smallholder Inclusion for Better Livelihood and Empowerment) has partnered with leading palm oil companies like Asian Agri Group, Apical Group, and Kao Corporation.

Journalists Visit Independent Smallholder Plantations in Collaboration with Asian Agri, Apical, and Kao Corporation.

Palmoilmagazine.com, PEKANBARU – There is an increasing encouragement for both corporate and smallholder palm oil plantations to adopt sustainable practices.

 

SMILE Program: Empowering Independent Smallholders for Improved Welfare

Palmoilmagazine.com, PEKANBARU - In 2023, the Smallholder Inclusion for Better Livelihood and Empowerment (SMILE) program will continue with a joint visit by Apical, Asian Agri, and Kao Corporation to independent smallholder plantations that are members of the Koperasi Unit Desa (KUD) Anugrah in the Indragiri District of Riau Province.

 

SMILE Program Boosts Smallholders' Economy Through RSPO Certification

Palmoilmagazine.com, PEKANBARU – As part of the Smallholder Inclusion for Better Livelihood & Empowerment (SMILE) program, independent smallholders are trained on best and sustainable practices to boost their economy.

SMILE Program: Helping Independent Smallholders Overcome NGO Opposition

Palmoilmagazine.com, PEKANBARU – H. Sutoyo, the Chairman of Koperasi Unit Desa (KUD) Anugrah, shared the challenges faced by independent smallholders in the Village of Air Putih, Sub-district of Lubuk Batu Jaya, District of Indragiri Hulu, Riau Province.

 

CPO Price Drops by Rp 20/kg in KPBN Tender on May 9, 2023

Palmoilmagazine.com, JAKARTA –  On Tuesday (9/5/2023), the crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) saw a decrease in price to Rp 10,830/kg, which was Rp 20/kg cheaper compared to Monday's (8/5/2023) tender of Rp 10,850/kg.

 

Tender of CPO at KPBN on 8 May 2023 Slighly Better

Palmoilmagazine.com, JAKARTA – According to Palmoilmagazine.com got from PT. Kharisma Pemasaran Bersama Nusantara (KPBN), the crude palm oil (CPO) tender at KPBN improved to Rp 10,850/kg on Monday (8/5/2023), which is an increase of Rp 215/kg from the previous Friday's tender of Rp 10,635/kg.

The price of FFB  in West Kalimantan during the first period of May 2023 has decreased.

Palmoilmagazine.com, PONTIANAK – Based on the report from the Fresh Fruit Bunch (FFB) Team of West Kalimantan Province for the first period of May 2023, the price of 10-20 year old FFB has decreased from Rp 2,378.46/kg to Rp 2,258.99/kg.

 

Permitting SRP in Peatlands

Palmoilmagazine.com, MUKOMUKO – M Rizon, the Head of the Plantation Agency in the Mukomuko district, stated that palm oil plantations in peatlands in Mukomuko do not require verification and are eligible for the smallholders replanting program (SRP).

 

Palm Oil: Improve the Lives of Smallholders

Palmoilmagazine.com, PEKANBARU – Corporate social responsibility initiatives in Indonesia's palm oil plantation industry, including those by Asian Agri, Apical, and a downstream Japanese company, provide support for independent smallholders.

 

TI Indonesia has Released TRAC for 50 palm oil companies in Indonesia

Palmoilmagazine.com, JAKARTA -  Transparency International Indonesia (TI Indonesia) has released the findings of its assessment on Transparency in Corporate Reporting (TRAC) for 50 palm oil companies in Indonesia. One of the assessments used red flag indicators to identify vulnerabilities to corrupt practices, money laundering, and conflicts of interest.

 

The Shares of Main Group of Astra, Got Decreasing Selling Price

Palmoilmagazine.com, JAKARTA – Friday (5/5), during the morning selling session at Bursa Efek Indonesia, the shares of PT Astra International Tbk (ASII), the main group of Astra, experienced a decrease in selling price of 6.82% to reach Rp 6,150 per share.

 

EU Halts Investigation of Indonesian Fatty Acid Anti-Subsidy

Palmoilmagazine.com, JAKARTA - The European Union has halted its investigation into the anti-subsidy on fatty acid from Indonesia. This decision was made by the European Commission through Commission Implementing Decision (EU) 2023/617 on March 17, 2023.

 

PFMA Socialize Palm Oil Scholarship in Belitung Timur

Palmoilmagazine.com, JAKARTA – One program that Palm Oil Plantation Fund Management Agency (PFMA) proposed is palm oil scholarship. It fully delivered scholarship for the students, starting from transportation costs from and to home, education costs, living costs, books, graduation, and certification costs out of diploma documents from their universities.

 

‘Green’ Again, The Shares of Palm Oil Companies in Bursa Efek Indonesia

Palmoilmagazine.com, JAKARTA – After the viral case when an investor, Lo Kheng Hong got big profits from the shares he bought, the lucky one wanted to multiply his share ownership at PT Global Mediacom Tbk (BMTR) and PT Intiland Development Tbk (DILD) up to more than 6 percent.

 

FFB Price in Jambi on 5 - 11 May 2023 Down

Palmoilmagazine.com, JAMBI – Referring from Fresh Fruit Bunch (FFB) Team of Jambi Province to decide FFB on 5-11 May 2023, the 10 – 20 year old FFB is turun IDR 85,07/Kg to be IDR 2.317,31/Kg.

 

Check it out, FFB Price in Central Kalimantan in April 2023

Palmoilmagazine.com, PALANGKARAYA – The Fresh Fruit Bunch (FFB) Team of Central Kalimantan Province decided in April, 1-30 April 2023 about the price of FFB in May 2023, it was decided that 10-20 years old FFB will be cheaper by IDR 227.59/ kg to be 2478.85 IDR/kg.

 

 

Up IDR 99/Kg, CPO Tender at KPBN on 4 May 2023

Palmoilmagazine.com, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) got better to be IDR 10.460/kg, Thursday (4/5/2023). It means it increased IDR 99/kg compared to Wednesday (3/5/2023) tender which was IDR 10.361/kg.

 

CPO Tender at KPBN on 3 May 2023 Down IDR 42/Kg

Palmoilmagazine.com, JAKARTA – Crude palm oil (CPO) tender at PT. Kharisma Pemasaran Bersama Nusantara (KPBN) got cheaper to be IDR 10.361/kg on Wednesday (3/5/2023). It means it decreased IDR 42/kg compared to Tuesday (2/5/2023) tender which was IDR 10.403/kg.