Lankapage Logo CP 22 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Indonesian Ambassador pledges cooperation to strengthen Sri Lanka Palm Oil smallholders
Wed, Jan 26, 2022, 10:13 am SL Time, ColomboPage News Desk, Sri Lanka.

Jan 26, Colombo: A special meeting was held on the 11th of January 2022 between the Palm Oil Association of Sri Lanka (POIASL) and Dewi Gustina Tobing, Indonesia’s recently-appointed Ambassador to Sri Lanka.

The present role of, and challenges faced by, the oil palm industry in Sri Lanka were discussed at the meeting, with the intention of obtaining support, expertise and assistance from Indonesia, the world’s biggest producer of palm oil.

The POIASL delegation was well received by the Ambassador at her offices and the President of the Association, Dr Rohan Fernando, who is also the Managing Director of Elpitiya Plantations PLC, led the discussions. The outcome of the meeting was positive and the Ambassador agreed to engineer cooperation between the two nations to strengthen smallholder involvement in cultivating oil palms.

The potential for economic emancipation and rural development through oil palm cultivation by smallholders was also highlighted at the meeting. It was pointed out that smallholders account for more than 40% of oil palm plantations in Indonesia, and that this trend has seen huge socio-economic development within that country’s rural sector. Replicating this in Sri Lanka could increase prosperity for rural communities, while also reducing Sri Lanka’s foreign exchange spending on edible oil imports.

Sustainable palm oil was also a key topic of discussion, particularly the Indonesian Sustainable Palm Oil (ISPO) program. Sri Lanka too is keen to develop its palm oil industry in a sustainable way and significant progress has already been made in this field and implementation is successfully underway. In fact, Sri Lanka’s palm oil industry has already achieved 11 of the UN Sustainable Development Goals. Furthermore, Sustainable palm oil has been shown to be linked to many indicators with regard to positive socio-economic development.

Thus, Indonesia is ideally suited to act as a guide for Sri Lanka as Indonesia’s economy has received significant boosts as a result of smallholder involvement, particularly in rural areas. The POIASL is keen to create such economic opportunities in Sri Lanka as well, leveraging Indonesia’s expertise in the field.


ColomboPage - Recent 10 Stories ::
IGP orders videotaping rioters at filling stations
-- [1 hour and 55 minutes ago]
Speaker endorses the certificate on 3 Bills including Industrial Disputes (Special Provisions) Bill
-- [2 hours ago]
CA Sri Lanka strengthens taxation profession with 57 new Certified Tax Advisors
-- [2 hours ago]
Dr. Sanjiva Weerawarana, WSO2 Founder and CEO, receives 2022 IEEE TCSVC Research Innovation Award
-- [3 hours ago]
Petrol Ship due to arrive today further delayed
IMF delegation briefs the President on progress of the discussions
Dhammika Perera sworn in as Minister of Investment Promotion
Envoys of European countries pledge to provide assistance to Sri Lanka
The ‘Land for All’ program begins
Government’s focus on directing public servants to private sector employment

Copyright © 2000, 2020 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.