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    • SingCham is the premier business chamber for Singaporean interests in Indonesia. Founded in 2006, SingCham aims to promote the business interests of individuals or companies operating in Singapore and/or Indonesia. SingCham provides networking activities, events, and useful information for its members, and acts as the liaison between the Singaporean business community and the Singapore and Indonesian governments. With a focus on fostering better networking and feedback among members, SingCham is committed to providing valuable resources and insights to help members connect, learn, and grow their businesses in Indonesia. Join SingCham today and become part of a thriving business community that benefits from exclusive resources, networking opportunities, and business insights.

    17Dec, 2018
    Indonesia plans to make 30 percent biodiesel blend mandatory, studies B100

    While the government expanded the mandatory use of a 20 percent biodiesel blend ( B20 ) in September, it plans to further boost domestic biodiesel consumption to absorb more crude palm oil (CPO) amid fluctuation in the global market price of the commodity.

    Apart from improving the distribution of the B20 blend across to the country, the government is also carrying out research to increase the portion of biodiesel in the fuels rom 20 percent to 30 percent ( B30 ) or even to 100 percent ( B100 ).

    State-owned oil and gas holding company Pertamina supply chain operations manager Gema Iriandus Pahalawan further explained that three more biodiesel refineries would be developed, likely in Plaju in South Sumatra, Dumai in Riau and Balikpapan in East Kalimantan, to produce more biodiesel.

    Gema said the production of B30 biodiesel was expected to be implemented, while the government was still improving the B20 distribution, which had reached 97 percent in November and was planned to be completed in December.

     

    Photo: Doni Setiawan – The Jakarta Post

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    21Aug, 2018
    Indonesia should find new markets for palm oil: Minister

    Finance Minister Sri Mulyani has said that Indonesia should be aggressive in looking for new palm oil markets because of various problems in the traditional markets, such as negative campaigns against the commodity and the impact of the ongoing trade war.

    “We should not act defensively or just wait and see,” said Sri Mulyani when speaking in a seminar on palm oil organized by the Indonesian Oil Palm Estate Fund (BPDP-KS) in Jakarta on Monday as reported by kompas.com.

    “When I worked for the World Bank, I visited many countries in Africa and Latin America. They already had initiatives to develop palm oil. Many companies in Asia, particularly Malaysia, wanted to enter the palm oil business [there].”

    She expressed confidence that the export potential of palm oil remained high amid current challenges, particularly in nontraditional markets.

    As the largest palm oil producing country, Indonesia produced 37.8 million tons of CPO in 2017, with exports valued at US$21.25 billion, according to the Agriculture Ministry.

    (read more: The Jakarta Post)