Sri Mulyani appoints new oil palm agency head amid commodity’s challenges

first_imgFinance Minister Sri Mulyani Indrawati has appointed Eddy Abdurrachman as the new Indonesian Oil Palm Estate Fund (BPDP-KS) president director, replacing Dono Boestami.Sri Mulyani told Eddy Abdurrachman that his responsibilities were “very heavy and full of challenges” and that the agency needed to monitor the impact of COVID-19. Indonesia lso jumped whereas global crude palm oil (CPO) remained steady. China is the largest importer of Indonesian CPO, according to recent association data.”I hope that Eddy Abdurrachman with his previous experience as the customs and excise directorate general and the secretary of the Coordinating Economy Ministry can use BPDP-KS funds for programs that are in line with building a sustainable industry,” she said in a statement on Monday. “I want replanting to be the focus of [BPDP-KS],” said Sri Mulyani.In 2019, CPO prices fell below their economical price, compelling the government to suspend last September’s export tax imposed on CPO and its derivative products until January of this year to ease the financial burden on palm oil producers.Read also: Palm oil export levies suspended to help producers cope with low pricesIndonesian Palm Oil Association (Gapki) chairman Joko Supriyono said in a February press conference that he also sees 2019 as a challenging year as trade spats over the EU’s sustainability and trade policies hang over the Indonesian industry.The industry also faced a long period of drought last year, coupled with tariff issues with India.Gapki data showed that palm oil exports had increased to 36.17 million tons in 2019, up by 4.2 percent from 2018. Indonesia sent most of its palm oil to China in 2019, around 6 million tons, representing 16.5 percent of overall exports last year. India followed with 4.8 million tons (13.2 percent) and the European Union with 4.6 million tons (12.7 percent). Topics :center_img Read also: Coronavirus drags down commodity prices as demand from China dropsIndonesia has become the largest palm oil-producing country in the world, making up more than 55 percent of world production. The palm oil industry is a significant foreign exchange earner for Indonesia, as it contributes 13.5 percent to the total non-oil and gas exports of US$22.3 billion, Sri explained.The minister also reminded the agency’s officials that according to the President’s direction, the palm oil replanting program must be carried out for 500,000 hectares within the next three years. She suggested BPDP-KS partner with the microcredit program (KUR) to strengthen palm oil replanting financing. Last year, the government had simplified requirements for oil palm smallholders to access assistance for the replacement of their old trees through the people’s oil palm tree replanting program after the meager realization of the program in 2018.last_img read more

Chef Neil Perry helps dish up tasty style with state-of-the-art kitchens

first_imgChef Neil Perry is dishing up a state-of-the-art kitchen and a private cooking demonstration for new home buyers of the PRIVIUM Homes CANVAS Series. Photo: SuppliedCooking up a storm in the kitchen could be a whole new experience for homebuyers looking for luxury homes with a difference throughout Queensland.Leading Australian chef, Neil Perry, is serving up a state-of-the-art kitchen and a private cooking demonstration for new buyers of the Privium Homes Canvas Series thanks to an exclusive partnership with Privium Homes.The upgrade offer includes a high quality kitchen featuring products provided by Neil Perry Kitchens by Omega, valued at more than $10,000.In addition to the upgraded kitchen appliances, Canvas Series home buyers will also be treated to an exclusive private cooking demonstration with Perry, as well as a meet and greet opportunity with the chef.With the kitchen playing a central part in many homes, the Neil Perry Package is one of the highlights of the new Privium Homes Canvas Series, according to Canvas Series national sales manager Aaron Jambrovic.“We are not just building homes for people; we are striving to create a concept that is unique in the eye of each individual buyer. Each home is being constructed to help the customers pioneer their own futures in the way they wish to shape them, and that is the true idea behind the Privium Homes Canvas Series,” Mr Jambrovic said.Perry said he was pleased to have his name associated with the prestigious home builder.“I have been aware of the quality work that Privium Homes has been doing for a number of years, and I was delighted when I was asked to have some input in their Canvas Series homes,” Perry said.“I’m excited for the marrying of two like-minded luxurious brands in the Privium Homes Canvas Series and Neil Perry Kitchens by Omega.Leading Australian chef, Neil Perry, is serving up a state-of-the-art kitchen and a private cooking demonstration for new buyers of the Privium Homes Canvas Series thanks to an exclusive partnership with Privium Homes.More from newsParks and wildlife the new lust-haves post coronavirus14 hours agoNoosa’s best beachfront penthouse is about to hit the market14 hours agoThe upgrade offer includes a high quality kitchen featuring products provided by Neil Perry Kitchens by Omega, valued at more than $10,000.In addition to the upgraded kitchen appliances, Canvas Series home buyers will also be treated to an exclusive private cooking demonstration with Perry, as well as a meet and greet opportunity with the chef. Chef Neil Perry is dishing up a state-of-the-art kitchen and a private cooking demonstration for new home buyers of the PRIVIUM Homes CANVAS Series. Photo: SuppliedWith the kitchen playing a central part in many homes, the Neil Perry Package is one of the highlights of the new Privium Homes Canvas Series, according to Canvas Series national sales manager Aaron Jambrovic.“We are not just building homes for people; we are striving to create a concept that is unique in the eye of each individual buyer. Each home is being constructed to help the customers pioneer their own futures in the way they wish to shape them, and that is the true idea behind the Privium Homes Canvas Series,” Mr Jambrovic said.Perry said he was pleased to have his name associated with the prestigious home builder.“I have been aware of the quality work that Privium Homes has been doing for a number of years, and I was delighted when I was asked to have some input in their Canvas Series homes,” Perry said.“I’m excited for the marrying of two like-minded luxurious brands in the Privium Homes Canvas Series and Neil Perry Kitchens by Omega.last_img read more