Asia

Asia Aug 28, 2019

No haze in Malaysia, Singapore yet as Indonesia battles peat fires in seven provinces facing drought

Leading palm oil players in Indonesia will see a hit in palm production capacity in the short to medium term. The world’s top grower of the edible oil is facing drought across major planting regions. This will delay fruit ripening, resulting in lower output, says Reuters. Indonesia is facing a prolonged dry season that left seven provinces in the […]
By Veronica Cordoba
Asia Aug 27, 2019

Indonesia to relax import rules for completely built unit in electric vehicles segment

To accelerate the entry of electric vehicles in Indonesia, the government of President Jokowi Widodo plans to allow manufacturers to bring completely built units or CBU parts. With this plan, the government hopes the sale of these vehicles in the market will stimulate the buyers to own them. But the chair of the Indonesian Automotive Industries Association (Gaikindo), Yohanes Nangoi criticised the move.  He reminded […]
By Veronica Cordoba
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