Month: March 2022

3 Reasons Why Palm Oil is a Good Investment

As the largest palm oil-producing country in the world, Indonesia is a suitable country for investment, especially in the palm oil sector. This is not a new thing anymore, where Indonesia is looking for many investors for oil palm plantations.

Palm oil processing in Indonesia has a very good process and produces the best palm oil in the world. In fact, since the 1990s Indonesia has succeeded in meeting the demand for palm oil in the global market.

Before palm oil is exported or distributed to the market, palm oil must be stored in a palm oil storage tank Indonesia.

Storage in the tank must also pay attention to the temperature, which should not exceed 55 degrees Celsius. Because if it is more than that temperature, oxidation and hydrolysis can occur in the palm oil in it.

This causes the quality of the oil to decrease. Indonesian palm oil is known as the best and clearest palm oil.

Is Palm Oil a Good Investment?

Indonesia has been known worldwide as a country that produces the largest palm oil in the world. Even 80% of the demand for palm oil in the global market has been met by Indonesia.

In 2021 the production of Crude Palm Oil (CPO) reached 46.88 million tons, even this figure decreased by 0.31% compared to 2020 which reached 47.03 million tons of palm oil.

However, this can be influenced by several factors such as extreme weather and limited fertilizers. In 2021, there will be an increase in palm oil consumption, which is as much as 18.42 million tons and higher than in 2020.

The Indonesian government is considered more consistent with the implementation of the mandatory biodiesel program which affects the export market for vegetable oil in the world. So that Indonesia can export more palm oil for biodiesel needs.

Unfortunately, in 2021, the export figure will fluctuate quite a bit. This is due to the COVID-19 pandemic which has had a very large impact on palm oil demand in importing countries.

However, this decrease does not make much difference. Because at the end of 2021 there will be an increase in palm oil exports and reach US$ 35 billion. This figure is much larger 52% compared to 2020.

Based on these data, it can be concluded that palm oil is suitable as an investment. However, several other things make palm oil suitable as an investment. Here’s the review:

  1. Indonesian Palm Oil Production and Export

As the largest palm oil-producing country, of course, many palm oil storage tank Indonesia save millions of tons of palm oil ready for export.

This indicates very good progress in palm oil production. The more palm oil is produced, the greater the exports.

Moreover, every year the number of world palm oil needs is increasing. So this makes Indonesia produce more palm oil.

Driven by increasing global demand, profits will also increase. In addition, oil palm cultivation can increase significantly by small farmers and large companies in Indonesia.

As we know, the palm oil plantation and processing industry are some of the keys to improving the Indonesian economy. So palm oil exports are a fairly high foreign exchange earner and help millions of people to find work.

Palm oil storage tank Indonesia is spread across various regions, especially in North Sumatra, which is the largest palm oil commodity in Indonesia.

  1. Palm Oil Export Tax Policy

Palm oil can be a good investment because the Indonesian government has a palm oil export tax policy.

To boost the development of the palm oil sector, this export tax was applied to refined oil in recent years.

CPO export taxes range from 0% to 22.5% depending on international palm oil prices. Meanwhile, Indonesia has an automatic mechanism policy, so when the CPO price falls below US$ 750 per metric ton, the export tax will be cut to 0%.

However, the export tax exemption makes the government not benefit. Therefore, the export tax policy is now being re-applied.

Moreover, several state-owned enterprises and other large companies that own most of the oil palm land also pay hefty taxes. This is what makes the palm oil industry suitable as an investment.

  1. Palm Oil Prices

Many investors are considering investing in palm oil. This is due to the fluctuating price.

Speaking of facts, the price of palm oil is also influenced by supply and demand. The more inventory, the lower the price. Conversely, when demand rises and supply is empty, the price can be very expensive.

Many smallholders often do not benefit from selling palm oil. Even though they account for 40% of oil palm land ownership.

Palm oil storage tank Indonesia is always fulfilled and export numbers are also increasing. The Indonesian government should make policies that benefit small farmers and there is no gap with big companies.

Great Ideas for Social Activities at Assisted Living Homes

‘What is assisted living?’, as a son or a daughter of an aging parent, you might wonder about that question. An assisted living is a type of care facility, usually is just like home care, just like Korindo which offers medical and personal help to individuals to keep maintaining their independence.

Personal care services, elder housing, and professional nursing are available to those who require assistance. It may be time to consider long-term care for your parents if they require continuous assistance in their everyday lives. Assisted living can be in apartments, shared quarters, or individual rooms.

The facilities are generally designed to create a home-like environment and to encourage patients’ independence. Patients can take advantage of services to help them with day-to-day tasks. When it comes to picking the best-assisted living facility for your loved ones, you might consider several factors.

Those factors will include the prices, the quality of the medical treatment, and also the location. However, it is also crucial to think about the quality of life they will find in the community, as well as if they will be supported in living their best life.

Should Elder People Go to Assisted Living Homes?

Participating in and finding some appropriate activities for seniors in assisted living homes is an important part of maintaining a high quality of life for seniors. That is because remaining healthy in their later years requires interaction and the elimination of isolation and loneliness among older adults.

One of the best reasons why people consider placing a loved one in an assisted living home is that they are becoming increasingly concerned about living independently. However, simply moving to a new place with people of similar ages is not enough. There must be ways for these people to interact, connect, and get to know each other.

Being able to interact with friends, have connections and relationships with others will make their time more valuable and meaningful. Moreover, residents can participate in a variety of social, entertaining, and educational activities in assisted living homes, just like in Korindo.

Some Ideas for Social Activities at Assisted Living Homes

Being socially engaged and active makes residents feel better which has clear benefits in terms of lowering depression. Socializing usually entails communication, which can aid boost cognition by offering social and emotional support and connection. Here are some social activities ideas at assisted living homes for residents.

  1. Exercise classes

You will never be too old to look after yourself. One of the best ways to take care of yourself is by doing exercise regularly. Swimming, walking, and aerobics are all available regularly. Residents can do various exercises at assisted living homes to increase their health and interactions with other residents while doing the exercise.

  1. Dancing

Dancing is one of the few things that may make someone feel young at heart. Many communities, including assisted living homes, just like Korindo usually have a wide dance offering of ballroom, line, or even tango for more adventuresome.

It is a fun activity that residents at assisted living homes can do to make them feel young. Moreover, by doing dance events like this, residents will be able to communicate and interact with each other.

  1. Family events

Special events such as cookouts and picnics are frequently scheduled for communities and institutions for residents’ families. Not only to strengthen the bond among the residents, but this activity will also take family members of residents to get involved.

  1. Discussions and lectures

Residents who never want to stop learning can attend lectures on a variety of interesting topics which they can discuss and debate afterward. It is not only the physical body that residents need to shape but also the brain. The brain also needs nutrients no matter how old you are.

  1. Social hour

Residents can interact and make new friends during evening happy hours. Gaming nights, cruise ships, and other hobbies are popular themes nowadays. Staying at assisted living homes all day will be very bored, so these kinds of social hours will help residents relax and have a wonderful time with other residents.

  1. Book club

Reading and discussing books is one of the most popular senior activities. For every type of reader, most communities have a varied collection of modern, classic, and other types of literature. Korindo, as one of the best-assisted living homes also owns many types of interesting books.