Billionaire Fangiono Family’s First Resources To Buy Indonesian Palm Oil Company Stake For $329 Million
First Resources—controlled by Indonesian tycoon Ciliandra Fangiono and his family—has agreed to buy a 91% stake in Austindo ...
World Energy News48m
Officials say that Indonesia will increase the palm oil export tax from 4.5% to 10%.
A plantation fund official announced on Tuesday that Indonesia would increase its palm oil export tax to between 4.5% to 10% of the crude oil reference price.