Indonesia: Red edible oil Launches, government empowers cooperatives & MSMEs
Other Edible Vegetable Oil
Indonesia
Market & Price Trends
Innovation & Technology
Published Mar 25, 2024
Tridge summary
Sahat Sinaga, the Executive Director of GIMNI, is optimistic about the production and marketing of Red Edible Oil, which is anticipated to be both cheaper and healthier. GIMNI is working with the Ministry of Cooperatives and SMEs to boost the role of farmer cooperatives and MSMEs in producing this oil. The oil is exclusively developed by cooperatives and marketed through farmers, a strategy that aims to empower smallholder oil palm farmers, according to Ahmad Zabadi, the Deputy for Cooperatives at the Ministry.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Jakarta, CNBC Indonesia- Executive Director of GIMNI, Sahat Sinaga expressed optimism regarding the production and marketing of Red Edible Oil which is believed to be cheaper and healthier. GIMNI also supports the efforts of the Ministry of Cooperatives and SMEs to encourage the role of farmer cooperatives and MSMEs in the production of red edible oil (MMM). Meanwhile, the Deputy for Cooperatives at the Ministry of Cooperatives and SMEs, Ahmad Zabadi, confirmed that MMM specifically is only developed by cooperatives and marketed through farmers. It is hoped that this step can further empower smallholder oil palm farmers. What is the government's strategy to encourage MMM production? For complete details, see Syarifah ...
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