Indonesia-Malaysia CPO rivalry
Competing or Cooperating?
Tuesday, January 30, 2001
In the CPO business, Malaysia is not only superior but also stronger than Indonesia, which is burdened with many shortcomings, let alone the CPO export tax currently imposed. Now, Malaysia is offering cooperation.
arsip tempo : 173220492777.
Malaysia is apparently making further headway in the slick business of crude palm oil (CPO). Last year, one of its companies, Perkumpulan Guthrie Berhad, took Indonesian business circles by surprise when it bought 25 plantation firms of Indoplantation, previously owned by the Salim Group, from the Indonesian Bank Restructuring Agency (IBRA). This purchase of oil palm plantations remains controversial. The cancellation of this transaction, as indi
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