madeinasean

Indonesia’s battery giant needs $15.3b in investments

Industri Baterai Indonesia, an electric vehicle battery subsidiary of state-owned largest miners, has estimated that it would need $15.3 billion in total investment to develop an integrated electric vehicle battery, the company top...

India turns to Indonesia for palm oil in August

India’s palm oil purchases picked up in August, with most of the new orders going to Indonesia rather than Malaysia, after Jakarta’s export duty cut on crude palm oil (CPO) made it the cheaper option for Indian buyers, sources told...