Cooking Oil: Differences between Indonesia and Malaysia

THE story of cooking oil in the two largest crude palm oil (CPO) exporters in the world, Indonesia and Malaysia, is as starkly different as heaven and earth. In managing cooking oil, the Malaysian government was able to reduce the price of subsidized cooking oil in their own country to only RM2.5 per kilogram or equivalent to Rp7,650 per liter. Subsidized cooking oil is intended for low-inc