Continuing the unique tradition of rewarding its RSPO-certified smallholder partners, Asian Agri recently shared with them profits from the sale of certified sustainable palm oil. Premium Sharing Since 2014, the...
RGE was a regional partner of the 24th edition of the World Economic Forum (WEF) on East Asia which took place in Jakarta from 19 to 21 April 2015. The forum, marking a return to Indonesia after three years, brought together 700 regional leaders from the public, private and people sectors. The discourse centered on the theme, ‘Anchoring Trust in East Asia’s New Regionalism’.
Members of the RGE delegation, led by our Chairman Sukanto Tanoto, share their thoughts and takeaways from the forum.
Sukanto Tanoto, Founder & Chairman, RGE:
“This is a good and neutral platform for participants from various backgrounds – government officers, businessmen, NGO stakeholders – to share information, exchange views and learn from each other.”
Bey Soo Khiang, Vice-chairman, RGE:
“I think everyone’s mostly optimistic about the future and the potential of this region, specifically Indonesia. This of course has to be tempered with the expectations that things are going take time for these to unfold.”
Anderson Tanoto, Director, RGE:
“I think President Jokowi made an amazing speech and presentation to gain the confidence of a lot of foreign investors. He said if there were “any issues, call him”. That’s both literal and symbolic – it shows the government may not be perfect, but they’re willing to listen and take inputs, and be objective about implementing investments in Indonesia.”
Imelda Tanoto, Director, RGE:
“One of the themes that [President Jokowi] continues to support, is that not only should Indonesia grow in consumption, but consumption should grow into production and consumption should grow into investment. Investment and production are 2 areas that we as a company will continue to focus on. Being part of the manufacturing industry, we believe in adding value to our products.”
Kelvin Tio, Managing Director, Asian Agri:
“I think the interest at WEF was unprecedented. The mood has been very vibrant. The exchange of ideas was smooth. I’m most positive about the outlook on the Indonesian economy, where the government is willing to work with the communities, the public, to understand their issues, and also listen to the private sector and understand our issues, and how we can take Indonesia forward.”
RGE (Royal Golden Eagle) manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market.
RGE was founded by Sukanto Tanoto in 1973 as RGM. The assets held by RGE companies today exceed US $15 billion. With more than 50,000 employees, we have operations in Indonesia, China and Brazil, and continue to expand to engage newer markets and communities.
About Asian Agri
Asian Agri is an Indonesian-based, world-class palm oil company that manages the archipelago’s abundant natural resources. It was established in 1979.
Asian Agri was one of the pioneers in the Indonesian government’s trans-migration scheme in Riau and Jambi. The scheme involved the migration of Indonesians from densely populated areas of Indonesia, such as Java, to less populous areas of the country with the objective of reducing poverty. Under the scheme, migrants were given land. In partnership with companies like Asian Agri which provided training in palm oil cultivation, seedlings, financing and community services, these migrants became successful smallholders, supplying their palm oil produce to Asian Agri at fair trade prices in line with government policy.
Asian Agri is part of a group of companies managed by RGE, which is founded by Sukanto Tanoto, also its chairman.
About World Economic Forum (WEF)
The World Economic Forum is an International Institution, founded in 1971, committed to improving the state of the world through public-private cooperation. It engages political, business, academic and other leaders of society in collaborative efforts to shape global, regional and industry agendas. Together with other stakeholders, it works to define challenges, solutions and actions, always in the spirit of global citizenship. It is independent, impartial and not tied to any special interests, working in close cooperation with all major international organisations.
- World Economic Forum on East Asia 2015
- Royal Golden Eagle (RGE)
- Asian Agri
- Asian Agri Committed to Assisting Independent Smallholders
- Partnership between Asian Agri and smallholders in agri business contributes to national economy
- Sustaining the Future of Palm Oil
- Asian Agri receives Best Community Program award