Indonesia

Nestlé, P&G Investigate Palm Oil Sourcing After Environmetal Group's Deforestation Report

Consumer brands including Nestle and Procter & Gamble said they conducted investigations after an environmental group said palm oil sourced from an ill...

Philip Morris Raises Annual Profit Forecast On Strong Demand For Nicotine Pouches

Philip Morris International raised its annual profit forecast after beating third-quarter estimates, betting on higher prices and resilient demand for its...

Indonesia Concerned Over EU Deforestation Law Rules, Not Implementation Timeframe

Indonesia has said that a proposed European Commission delay in the rollout of its anti-deforestation law was a good step but a more pressing issue was imp...

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Ahold Delhaize's Wouter Kolk Talks To ESM As He Departs The Dutch Retailer

ESM catches up with Wouter Kolk as he steps down from the role of CEO of Ahold Delhaize Europe & Indonesia.

Indonesia's Palm Oil Exports Set To Fall In 2024 On Rising Demand, Lower Output

Indonesia's palm oil exports are expected to decline in 2024 due to increased domestic consumption because of a higher biodiesel blending mandate and a sli...

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One Fifth Of Consumers 'Strongly Agrees' With Boycotting Brands Due To Geopolitical Tensions

One fifth of global consumers 'strongly agree' with boycotting brands due to geopolitical tensions, such as the current Israel-Hamas war, according to Glob...