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Palm giants Wilmar, Indofood, RGE fined over Indonesian cooking oil shortage

JAKARTA — Subsidiaries of some of the world’s biggest palm oil companies have been found guilty by Indonesia’s anticompetition watchdog of restricting sales of cooking oil amid acute shortages last year. Indonesia is the world’s biggest producer of palm oil, the most widely used vegetable oil for cooking oil, yet consumers across the country faced […]

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Five Defendants Tried for Fraudulent CPO Export Licenses

Among the defendants are renowned market analyst Lin Che Wei and former international trade director general Indra Sari Wisnu Wardhana.

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AG: Probe anyone involved in cooking oil case | Daily Express Online - Sabah's Leading News Portal

Attorney General Sanitiar Burhanuddin has said that he will not hesitate to legally process anybody, including ministerial-level officials, in connection with the recent case of cooking oil shortage.  “For us, if anybody, be it minister, (is involved) based on sufficient evidence or fact, we will do that (process him legally),” Burhanuddin said at a press conference

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Won't hesitate to probe anyone involved in cooking oil case: AGO

Attorney General Sanitiar Burhanuddin has said that he will not hesitate to legally process anybody, including ministerial-level officials, in connection with ...

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Indonesian trade official, palm oil execs charged in cooking oil crisis

JAKARTA — Indonesian prosecutors have charged a top trade ministry official and three palm oil executives in connection with a scarcity of cooking oil that has driven up process and caused public unrest. The Attorney General’s Office announced on April 19 that it had charged Indrasari Wisnu Wardhana, the director-general of foreign trade at the […]

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Coconut Oil Market: Prices to Keep Rising in 2022 - IndexBox

Coconut Oil Market: Prices to Keep Rising in 2022 - IndexBox
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Coconut Oil Market: Prices to Keep Rising in 2022 -

Coconut oil prices will continue rising this year, following the fundamental trend relevant to all vegetable oils. On limited supply and increasing...

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