Volume 11 | June 2011

COVER STORY
Next Expansion and Vision 
As matters stand, it is probable that no one would doubt the statement of Aburizal Bakrie, the owner of PT Bakrie Sumatera Plantation Tbk (PT BSP Tbk), that the plantation company will continue to exist and become one of Indonesia’s biggest agricultural-based firms in the next 100 years.

FOREST MORATORIUM

Land a blow

CLIMATE CHANGE

Looking for REDD+ plus corruption proof

After the announcement of the two-year moratorium on new permits to clear forest, Indonesia is now expected to adopt REDD+ scheme including disbursed funds with ensured account- ability and attempted zero moral hazard.

COMPANIES

Gozco sees higher profit, targets higher production

Budi Acid targets higher exports

PALM OIL

Countering negative campaigns

Indonesia and Malaysia, the world’s largest palm oil producers, have agreed to set up the European Palm Oil Council (EPOC) in a bid to counter campaigns against the commodity.

ZTE dips into Indonesia’s palm oil sector

Due to the increasing domestic demand of vegetable oil in its home country, ZTE, a business giant from China, has expanded its agribusiness activities, particularly in the palm oil sector, using Indonesia as its main location for long-term expansion plans.

COCOA

Expanding government program

A government team tasked with reviewing the National Cocoa Movement program has proposed to more than double the coverage of the program.

WOOD INDUSTRY

Europe approves RI’s SVLK

RUBBER

Tire demand led by China tops supply


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