Straitstimes.com header logo

Choose edition

Search

singapore

asia

world

opinion

life

business

sport

Visual

Podcasts

STClassifieds

Paid press releases

Advertise with us

FAQs

Contact us

 

Palm oil

Maybank says it is not under investigation in Indonesia after staff questioned over Salim exports

In the questioning of staff at Malaysia’s biggest bank, it is not clear if any wrongdoing has been established. Neither the company nor the bank has been accused of misconduct.
In the questioning of staff at Malaysia’s biggest bank, it is not clear if any wrongdoing has been established. Neither the company nor the bank has been accused of misconduct.

Indonesia to scale back commodity export centralisation, tighten monitoring: Sources

(FILES) A farmer harvests oil palm fruit at a plantation in Kuta Makmur, Aceh province on May 23, 2022. Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect themselves from the impact of Donald Trump's trade war, a top industry executive told AFP. (Photo by AZWAR IPANK / AFP)
(FILES) A farmer harvests oil palm fruit at a plantation in Kuta Makmur, Aceh province on May 23, 2022. Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect themselves from the impact of Donald Trump's trade war, a top industry executive told AFP. (Photo by AZWAR IPANK / AFP)

Singapore-listed Wilmar shares dive most in 6 years on Indonesia probe

Wilmar is among 10 palm producers being investigated in Indonesia for suspected under-invoicing and transfer pricing of exports.
Wilmar is among 10 palm producers being investigated in Indonesia for suspected under-invoicing and transfer pricing of exports.

Indonesia probes Musim Mas, Wilmar for ‘under-invoicing’ of exports, finance minister says

Indonesia's Finance Minister Purbaya Yudhi Sadewa said the two companies are among palm oil companies under investigation for under-invoicing.
Indonesia's Finance Minister Purbaya Yudhi Sadewa said the two companies are among palm oil companies under investigation for under-invoicing.

Death toll in Honduras ranch shooting rises to at least 20, authorities say

Indonesia plans to tighten state control over commodity exports

The government is planning to create a new state entity to manage exports of the commodities in order to crack down on under-invoicing, according to the people.
The government is planning to create a new state entity to manage exports of the commodities in order to crack down on under-invoicing, according to the people.

Indonesia deploys thousands of African weevils to boost palm output

A palm oil plantation landscape in Aceh photographed on April 9.
A palm oil plantation landscape in Aceh photographed on April 9.

Indonesia’s Prabowo calls for criminal charges against firms resisting forest crackdown

Indonesian President Prabowo Subianto gestures while delivering a speech in front of stacks of banknotes representing fines paid by companies found to have operated illegally in forest areas, during a ceremony marking the work of his forestry task force that has led to a crackdown on illegal plantations and mines, at the Indonesian Attorney General’s Office in Jakarta, Indonesia, April 10, 2026.
Indonesian President Prabowo Subianto gestures while delivering a speech in front of stacks of banknotes representing fines paid by companies found to have operated illegally in forest areas, during a ceremony marking the work of his forestry task force that has led to a crackdown on illegal plantations and mines, at the Indonesian Attorney General’s Office in Jakarta, Indonesia, April 10, 2026.

India’s sugar, edible oil demand drops as commercial gas shortages hit restaurants

A man cooking bread on a coal-fired stove at a roadside eatery in Ahmedabad amid ongoing oil and gas import disruptions caused by the Middle East war, on March 25, 2026.
A man cooking bread on a coal-fired stove at a roadside eatery in Ahmedabad amid ongoing oil and gas import disruptions caused by the Middle East war, on March 25, 2026.

Thailand to control crude palm oil exports, bottled prices starting April 7

Thailand is projected to produce 21.87 million tonnes of palm oil and 3.94 million tonnes of crude palm oil in 2026.
Thailand is projected to produce 21.87 million tonnes of palm oil and 3.94 million tonnes of crude palm oil in 2026.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

Download the app

Get unlimited access to exclusive stories and incisive insights from the ST newsroom
Subscribe Placeholder
MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.