Jitters over Jakarta’s land seizure


THE Indonesian government is moving to confiscate palm oil plantation land parcels that was either illegally developed or linked to corruption investigations. And Malaysian plantation companies operating there are having the jitters.

Industry insiders and analysts say Malaysian plantation companies face the risk of losing some of their estate land as Jakarta’s forestry task force has set a target of confiscating three million hectares by August.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Merdeka 118 Community Grants backs nine projects under Cycle 3
Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets

Others Also Read