Bloomberg Indonesia’s moratorium on new oil palm plantation permits is set to expire this week as the industry awaits clarity on whether the government will extend the policy. President Joko Widodo ordered a stop to permit issuance for new plantations and expansion of existing ones for three years in a decree signed on September 19, 2018. That order expanded on ...

Bloomberg Amazon.com Inc stressed it has zero tolerance for graft and will investigate all allegations of corruption fully, responding to a report by an Indian news outlet that the US e-commerce giant has begun an internal investigation into claims of bribery. The US company started a probe into its legal representatives’ conduct in India, the Morning Context, a two-year-old media ...

Bloomberg Alibaba Group Holding Ltd’s Lazada Group is creating a new role to lead payments in Southeast Asia for the first time, and tapped a former Alipay executive for the position. Dayong Zhang, former general manager of Southeast Asia for Ant Group Co’s Alipay, will become Lazada’s head of payments, the company said, confirming a report by Bloomberg News. The ...