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View all search resultsThe shift in international perception toward a more favorable view of palm oil as a commodity and the industry as a whole presents an opportunity for Indonesia to bolster production, so long as the related policy measures also include enhancing bureaucratic efficiency and coordination.
The government needs to boost its biodiesel subsidy budget 55.5 percent for a total allocation of Rp 28.5 trillion (US$1.75 billion) due to a projected gap in global prices for diesel and biodiesel this year, according to the oil palm funding agency's estimate.
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