TEMPO.CO, jakarta – The most popular business and economic news on Tuesday, May 17, 2022 starting with hundreds of coconut farmers Palm tree held a demonstration in East Belitung Regency calling on the government to lift the Crude Palm Oil (CPO) export ban.
Then investigators from the Procuratorate General’s Office named Lin Che Wei as a suspect in the alleged corruption case of granting export facilitation raw palm oil (CPO) and its derivatives, Tuesday, May 17, 2022.
Also news on the impact of the ban export Indian wheat is predicted to increase global and Indonesian wheat commodity prices. Here is a summary of the three stories:
1st demonstration against CPO export ban, farmers in Ahok village bring unsold palm oil
Hundreds of oil palm farmers in East Belitung Regency held a demonstration demanding the government lift the Crude Palm Oil (CPO) export ban. The reason is that politicians do not sell the oil palm farmers’ Fresh Fruit Bunches (FFB).
The farmers from the area where Basuki Tjahaja Purnama or Ahok was born also brought palm oil FFB which was not for sale at the East Belitung Regent’s Office on Tuesday May 17, 2022.
Dwi Nanda Putra, who coordinated the demonstration, said the government’s CPO export ban policy is having an economic impact on palm oil farmers.
“After Eid, the effects are even more pronounced. We hope President Jokowi will be very generous to end this,” said Dwi Nanda.
Read the full news here.
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