Tag: palm oil

EU ban on palm oil could keep Telenor out of Indonesia

Telenor Axiata merger in Indonesia

Norwegian telecommunication giant Telenor Group is trying to enter the Indonesian market by merging with the Indonesian company Axiata. Axiata holds 66.4 percent of the shares in PT XL Axiata Tbk which is the second largest mobile telecommunications company in Indonesia. Not so fast, says Indonesia’s Minister of Communication and Information Technology, Rudiantara. The EU parliament…

Problem between Malaysia, Norway in EFTA-trade talk

On 28 December 2018, A Kuala Lumpur government minister said that Norway’s plans to ban palm-based biodiesel from 2020 can be an obstacle in trade talks between the European Free Trade Association (EFTA) and Malaysia, according to Daily Times. “We view this as unfair and unjust, going against free and fair trade, and is certainly…