Latest News

Latest News

Low CPO Price, 2016 Export Tax Target Slashed to IDR 2.9 trillion

08

Jan
Low CPO Price, 2016 Export Tax Target Slashed to IDR 2.9 trillion

Director General of Customs and Excise, Heru Pambudi, admitted export duty payment in 2015 was lower than the previous years. For example, in 2011, [...]

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Oil Prices Drop Again, North Sumatra Exports Impacted.

08

Jan
Oil Prices Drop Again, North Sumatra Exports Impacted.

General Chairperson of the Indonesian Palm Oil Board (DMSI) Derom Bangun revealed that the price of crude oil is now a specter for the palm oil [...]

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FAO: World food prices decline again in December

08

Jan
FAO: World food prices decline again in December

The major component in the Rome-based FAO index, cereals, saw its price fall by 1.3 percent, driven by lower wheat and maize quotations. Rice prices [...]

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JANUARY 6 RUBBER PRICE: Rubber Commodity Has Not 'Woke Up' Yet

06

Jan
JANUARY 6 RUBBER PRICE: Rubber Commodity Has Not 'Woke Up' Yet

The contract fell 1.5 percent from the previous day’s close of 150.60 yen a kilogram. This was the lowest close for the most active contract on the [...]

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CPO Price 6 January: Still Depressed at the Beginning of Trading Following Low Demand

06

Jan
CPO Price 6 January: Still Depressed at the Beginning of Trading Following Low Demand

The decline in palm oil trade started with a price of 2,429 ringgits per ton or 7.68 million rupiahs per ton earlier this morning, Wednesday [...]

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Bankrupt, Cepiring Sugar Factory Lays Off All Employees

05

Jan
Bankrupt, Cepiring Sugar Factory Lays Off All Employees

Lawyers from PT IGN  Banohara explained that they had met with representatives of the staff and with Kunto Nugroho, Interim Kendal Regent. [...]

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