Indonesia: Soybean crisis, ID Food responds like this

Published 2024년 1월 8일

Tridge summary

Tofu and tempeh producers in Jakarta are struggling to obtain soybeans, which are considered a basic need that should be available in reserves. The government has assigned state-owned food companies to import soybeans to fill government food reserves, but ID Food, the BUMN Food Holding company, says that other agencies have more authority in importing soybeans. The shortage of soybean raw materials has led to a potential unemployment crisis for up to 50,000 craftsmen and half a million people in Indonesia.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Jakarta, CNBC Indonesia - Tofu-tempeh producers complain of difficulty getting soybeans on the market. In fact, the government has determined that soybeans are one of the basic needs for which reserves must be available. Craftsmen also urge imports to be realized immediately. Currently soybean imports are carried out by private importers. The government also assigned state-owned food companies to import soybeans to fill government food reserves (CPP). However, ID Food as the BUMN Food Holding said that other agencies have more authority in importing soybeans. "CPP for corn, rice and soybeans is with Bulog, the remaining 9 commodities (such as) cooking oil are with us," ID Food President Director Frans Marganda Tambunan told CNBC Indonesia in Jakarta, Monday (8/1/2024). However, he did not deny that in the future ID Food could import soybeans. However, until now no assignment has been received to do so. "It's possible, but not now," said Frans. Previously, the General Chair of the ...

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