Indonesien

Strong production of Southeast Asian palm oil is the best hope of boosting cooking oil supplies as soybean oil gets soaked up to make biofuel, its attraction redoubled by unrest in Libya that has driven crude oil to more than $100 per barrel.

Vegetable oil markets had braced for a fall in palm oil prices in the second half of 2010. They expected strong output from top producer Indonesia as it harvested a bigger acreage, and as No. 2 supplier Malaysia improved yields.

JAKARTA: The European Union (EU) and Indonesia are preparing to sign a Forest Law Enforcement, Governance and Trade - Voluntary Partnership Agreement (FLEGT-VPA), a joint statement said Wednesday.

“We are nearly there,” Forestry Ministry business development director general Iman Santoso said in the statement. It is expected the agreement will be concluded in the next two to three months.

Jakarta, Feb 15 (ANTARA) - Japanese entrepreneurs grouped in Keidanren offer to establish a mechanism for emission reduction exchange with Indonesia, Vice President Boediono`s spokesman said here Monday.

"Keidanren offers a carbon emission exhange system with Indonesia, and Japan will provide sophisticated and inexpensive technology," said Yopie Hidayat at the Vice President`s office after accompanying Boediono at the meeting with the head of Keidanren, Hiromasa Yonekura, here Monday.