The Business Times

Palm oil

Energy & Commodities

US lifts import ban on Malaysian palm oil firm FGV Holdings

This comes after the company took sufficient action to address allegations of forced labour

Companies that complied include the palm oil units of conglomerate Salim Group which paid fines equivalent to US136 million, Best Agro Group, which forked over US$98 million in fines, and US$57 million by a unit of Sampoerna Agro.
International

Indonesia vows action against laggards on forestry fines

The unprecendented crackdown targeting oil palm plantations and mines has unnerved the industry

Malaysia, the world’s second largest palm oil producer, has been boosting efforts to crack down on fraud in the used cooking oil industry.
Asean Business

Malaysia to introduce official used cooking oil reference price in early 2026

[KUALA LUMPUR] Malaysia will introduce an official reference price for used cooking oil in the first quarter of this year to prevent price manipulation in the sector, its commodities minister said on ...

Indonesia's expanded land seizure drive heightens regulatory risks and potential billion-dollar fines, fuelling investor concerns over Indonesian asset security.
Asean Business

Indonesia sharpens axe on land clawback, raising stakes for regional palm oil giants

Potential fines may run into billions of dollars if disputed land is ultimately deemed illegal among investors’ concerns

Indonesia, the world’s biggest producer of palm oil, has a total of 16.8 million hectares of palm oil plantations.
International

Indonesia may seize another 5 million hectares of palm oil plantations in 2026

Analysts predict that the seizures could put even more upward pressure on global prices by disrupting production

The country has lost millions of hectares of forest in recent years, much of it because of palm oil and mining expansion.
Asean Business

Indonesia tightens grip on resources with Switzerland-sized land grab

Tighter control of domestic resources has been a vital concern for the Prabowo administration

The task force has seized 3.7 million hectares of plantations and more than 5,300 hectares of mining operations, with a target to reach 4 million hectares by the end of the year.
Asean Business

Indonesia fines dozens of palm oil, mining companies US$2.3 billion for operating in forest areas

The task force handed over 1.5 million hectares of plantations to state firm Agrinas Palma Nusantara

Cindy Karim charts a new path for the Karim family, building businesses that speak to her generation’s ambitions.
BT Luxe
CHRISTMAS REFLECTIONS

Cindy Karim: Redefining a billion-dollar Indonesian family empire

The Karim family’s eldest child is shaping its next chapter through culture and hospitality

Palm oil reserves have been expanding since March and high stockpiles could pressure prices of the tropical oil.
Asean Business

Malaysia palm oil reserves seen at six-year high as exports slump

The Malaysian Palm Oil Board will publish its monthly data on Dec 10

A trespass notice had been issued to FGV and Felda to remove assets from 10 plantations covering 15,000 hectares in the state.
Energy & Commodities

Malaysia's Felda, FGV say Terengganu land spat could disrupt operations

They were issued an order by Terengganu state to vacate palm oil plantation land there

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