Harmonizing a Thriving World Palm Oil İndustry and Economy through Genuine Collaboration between Producers – Malaysia, Indonesia, and West Africa, and Consumers – India and China

2013 ◽  
Vol 1 (1) ◽  
pp. 11-16
Author(s):  
Osayimwense Osa ◽  
Kausar Saida
Keyword(s):  
West Africa ◽  
Palm Oil ◽  
Emerging Economies ◽  
Oil Industry ◽  
The State ◽  
High Demand ◽  
Paper Review ◽  
Oil Sector ◽  
The One ◽  
India And China

Objective This article probes the state of Africa's palm oil industry and economy today. Methodology/Technique Today, Malaysia, Indonesia, and West Africa are the world's major producers of palm oil; and India and China, the world's most densely populated countries, are the major consumers. However, why is it that West Africa that is naturally endowed with palm oil is the one that lags behind others in the global production of palm oil? Should this kind of natural endowment and the presence of the major world producers and the biggest consumers of palm oil not spell colossal success for global palm oil industry and economy? Findings Without an adequate demand for a commodity, supply will be limited, thus resulting in a downward supply curve. On the other hand, if there is a high demand for a commodity like palm oil, then it will be produced in abundance. Novelty Where and why it has fallen short, and what does need to be done via-a-vis the state of Malaysia's and Indonesia's palm oil sector and the presence of emerging economies like China and India against the backdrop of globalization. Type of Paper: Review Keywords: Palm oil; economy; consumption, globalization

scholarly journals TAX POLICY OF THE STATE IN THE OIL INDUSTRY AS AN INSTRUMENT OF ENSURING FINANCIAL SAFETY OF THE RUSSIAN FEDERATION IN THE PERIOD OF AN UNSTABLE ECONOMIC AND POLITICAL COUNTRY SITUATION

2017 ◽  
Vol 13 (1-2) ◽  
pp. 97-101
Author(s):  
Elena N Gorbunova
Keyword(s):  
Russian Federation ◽  
Tax Reform ◽  
Oil Industry ◽  
The State ◽  
Oil Companies ◽  
First Results ◽  
The Russian Federation ◽  
Ministry Of Finance ◽  
Oil Sector ◽  
Effective Result

Oil extraction taxation in our country was and remains a subject of special discussion. This article deals with actual problems of the taxation of the entities of an oil sector in the conditions of financial crisis, the sanctions imposed against Russia and the low prices of oil are considered. The object of research are topical issues of the taxation of the oil industry, in particular the mechanism of the taxation of the added income of the oil companies. The main options of tax mechanisms offered by the Ministry of Finance of the Russian Federation and the Ministry of Energy of the Russian Federation are considered and also opinions of heads of the largest oil companies of the Russian Federation of rather operating system of the taxation of the oil industry are analyzed. The special attention is paid to the analysis of the first results of the carried-out tax reform concerning entering of tax maneuver as one of the main mechanisms of financial safety of the state. The main conclusions of research is that receipt of effective result requires system work concerning reform of the taxation of the oil industry, a phased transition from tax maneuver to the taxation of the added income of the oil companies.

scholarly journals Upgrading and Global Value Chain 4.0: The Case of Palm Oil Sector in Indonesia

2020 ◽  
Vol 1 (2) ◽  
pp. 8
Author(s):  
B. Endo Gauh Perdana
Keyword(s):  
Palm Oil ◽  
Value Chain ◽  
Industrial Revolution ◽  
Agricultural Sector ◽  
Oil Industry ◽  
Global Value Chain ◽  
Oil Sector ◽  
And Performance ◽  
Upgrading Strategies ◽  
Economic Upgrading

The Industrial Revolution 4.0 promotes digitalization and innovation across many sectors of industries allowing them to thrive by increasing productivity, profitability, product quality and performance. However, the utilization of digital technology especially in agricultural sector, requires effective governance in which must adhere to sustainability practices for upgrading strategies. As one of the main export commodities in Indonesia, the palm oil industry is in alert to face challenges brought by the Industrial Revolution 4.0. This research draws from the latest work of Gerrefi and Lee on Global Value Chain. In the framework of horizontal industrial cluster and vertical global value chain governance, the theory examines how governance and upgrading trajectories produces economic upgrading which correlates to social and environmental upgrading. This research, then scrutinizes the question posed by the role of technology which supports as well as accelerates the upgrading strategies. The GVC analysis of Indonesian palm oil industry will be used as a case study to understand the complexity of how actors operate in every cluster of governance. Economic upgrading is not always associated with social and environmental upgrading. Therefore, a strong linkage between actors suggests that the Industrial Revolution 4.0 is relevant and essential to enhance synergy to cater for economic, social and environmental dimensions in order to harness the potential of sustainable development.

Panopticism Technique in Crime Prevention through Environmental Design

2013 ◽  
Vol 1 (4) ◽  
pp. 48-55
Author(s):  
Sherly de Yong
Keyword(s):  
Qualitative Research ◽  
Crime Prevention ◽  
Palm Oil ◽  
Descriptive Analysis ◽  
Environmental Design ◽  
Oil Industry ◽  
Building Design ◽  
Control Space ◽  
Paper Review ◽  
Design Type

Objective This article probes the state of Africa's palm oil industry and economy today. Methodology/Technique - Qualitative research is used for the study and production of solutions. The method used in this research with the following work sequences: Understanding literature, descriptive analysis, discussion and conclusion. Findings These five panopticism techniques can be used as part of natural surveillance in CPTED (three pattern of building design). As result, the three patterns of building design in CPTED that can be implemented with the five panopticism techniques. Novelty This paper is about identifying the concept of panopticism as one of the surveillance technique and solutions in crime prevention through environmental design. Type of Paper: Review Keywords: Panopticism; Crime Prevention Through Environmental Design (CPTED); Interior; Control Space.

scholarly journals A Review of Key Sustainability Issues in Malaysian Palm Oil Industry

2021 ◽  
Vol 13 (19) ◽  
pp. 10839
Author(s):  
Lakshmy Naidu ◽  
Ravichandran Moorthy
Keyword(s):  
Palm Oil ◽  
Emerging Economies ◽  
Oil Industry ◽  
International Market ◽  
Developed Countries ◽  
Global Market ◽  
The European Union ◽  
Development Tool ◽  
Negative Perceptions ◽  
The Tropics

The palm oil industry has contributed enormously to the economic growth of developing countries in the tropics, including Malaysia. Despite the industry being a development tool for emerging economies, the oil palm crop is inundated with allegations of its unsustainable plantation practices and viewed as environmentally detrimental and socially adverse. These negative perceptions are amplified through anti-palm oil campaigns and protectionist trade regulations in developed countries, particularly in the European Union (EU). This situation, if further exacerbated, could potentially affect the export of palm oil and the industry as a whole. As such, this article provides a critical review of the key sustainability issues faced by the Malaysian palm oil industry as the second biggest exporter of palm oil to the global market. The various insights and the interpretations of sustainability are contested according to the contexts and the interests of the countries involved. Hence, palm oil is constantly exposed to bias masked by non-tariff barriers from consumer countries to protect their domestically produced vegetable oils. This could constrain the commodity competitiveness in the international market. As issues on palm oil sustainability continue to evolve, policymakers at key stakeholder agencies need to devise strategies to manage global disruption in the palm oil trade.

Investment in Africa's palm oil sector will grow

2016 ◽  
Keyword(s):  
Market Share ◽  
Palm Oil ◽  
Oil Industry ◽  
Rain Forests ◽  
Content Type ◽  
Production Methods ◽  
Limited Access ◽  
Oil Sector ◽  
Fertiliser Use ◽  
Cultivation Techniques

Significance The finding is symptomatic of an array of controversies surrounding the wider palm oil industry in the region, which is set for robust growth. Impacts Growing fertiliser use, better cultivation techniques and rising investment could see Ghana become self-sufficient in palm oil by 2020. Smallholders will struggle to maintain their market share given their limited access to capital and rudimental production methods. Gabon's drive to increase palm oil output conflicts with its stated aim to preserve its rain forests in order the grow ecotourism.

scholarly journals Palm oil industry towards Sustainable Development Goals (SDGs) achievements

2021 ◽  
Vol 892 (1) ◽  
pp. 012068
Author(s):  
M Mardiharini ◽  
D H Azahari ◽  
R M Chaidirsyah ◽  
K Obaideen
Keyword(s):  
Sustainable Development ◽  
Gender Equality ◽  
Palm Oil ◽  
Social Inclusion ◽  
Sustainable Development Goals ◽  
Secondary Data ◽  
Oil Industry ◽  
Vital Role ◽  
Development Goals ◽  
Oil Sector

Abstract Gender Equality in Sustainable Development Goals (SDGs) has been exclusively developed but, most of our current economies and societies are not able to fully contribute or equally benefit from them. When zooming in, women are generally more excluded than men. Indonesia as the leading of palm oil producing country and given the vital role that women and girls play in the management, care, and use of Palm Oil, the Gender Equality and Social Inclusion (GESI) framework is important to review. This paper aims to review the performance of GESI framework in the Indonesian palm oil sector and links the discussion with SDG 5 (Gender Equality) using qualitative methods, which data and information have been collected through observation, key informant interviews and secondary data. The framework focus on the marginalized groups. The results show that the palm oil industry can improve the gender equality and inclusivity for creating economically, socially, and environmentally sustainable palm oil supply chains and sectors. We need roll out the Gender Assessment to map out the actual roles, inclusivity and involvement of women in the respective area.

scholarly journals Attitudes and Motivation of the Young Generation towards the Palm Oil Industry

2019 ◽  
Vol 10 (1) ◽  
pp. 117-130 ◽  
Author(s):  
Siti Hamin Stapa ◽  
Kesumawati A Bakar ◽  
Fuzirah Hashim
Keyword(s):  
Palm Oil ◽  
Digital Technology ◽  
Positive Attitude ◽  
Sampling Technique ◽  
Oil Industry ◽  
Simple Random Sampling ◽  
Primary Data ◽  
Young Generation ◽  
Oil Sector ◽  
Attitude And Motivation

Abstract Malaysia is currently one of the largest producers and exporters of palm oil in the world. Despite the strength and vast potential of our palm oil industry, engaging the youth in this industry is a challenging task as most perceive the industry and agriculture unattractive as a career, without realising the importance of the sector in their everyday lives. Furthermore, the development of sectors such as ecommerce, digital technology and real estate is a compounding factor behind the decline of interest among the younger FELDA generation. The present study is designed to examine the attitudes and motivation of young FELDA generation towards the palm oil industry. A simple random sampling technique was adopted to select 50 working respondents from the age of 22-40 at 4 FELDA settlements. Questionnaire was distributed for primary data collection, where a four-point Likert scale was used to examine differences in attitudes and motivation towards 64 statements regarding aspects ranging from working conditions to promotion opportunities. The findings point to an overall positive attitude towards all aspects of the industry. The highest mean is revealed in the area of social status, with the majority feeling respected and proud to be a part of the palm oil community. In general, the majority of the respondents display positive attitude and motivation towards the palm oil industry. Based on the findings we would recommend trainings to empower FELDA youths to take advantage of the expanding industry and to claim their space in the palm oil sector.

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