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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Pakistan Removes 233 Items From Sensitive List
03/11/2011 (The News International) - The federal government has eliminated 233 tariff lines of Indian sensitive list under the South Asian Free Trade Agreement (SAFTA), bringing it down from 1,169 to 936 tariff lines, said a summary of the commerce ministry on Tuesday.
UK Wants To Boost Commercial Links in RI
03/11/2011 (Jakarta Post) - Businesspeople from the UK expect to strengthen commercial links with their counterparts in Indonesia as both bilateral trade and investments are still below their potential, leaving enormous room for growth, a business representative says.
Bakrie to Sell Part of Bumi Stake to Pay $1.35 Billion Debt
03/11/2011 (Bloomberg) - PT Bakrie & Brothers, controlled by Indonesian billionaire Aburizal Bakrie, said it agreed to sell part of its stake in coal producer Bumi Plc to PT Borneo Lumbung Energi & Metal for $1 billion in cash to help pay a loan.
VEGOILS-Renewed Euro Zone Fears Drag on Palm Oil Futures
02/11/2011 (Reuters) - Malaysian palm oil futures slipped on Tuesday on concerns over the effectiveness of the euro zone bailout package, although a focus on heavy rains stalling production of the vegetable oil limited losses.
Bunge To Invest in Palm Plantation Company
02/11/11 (PR Newswire) - Bunge Agribusiness Singapore Pte. Ltd, a wholly owned subsidiary of Bunge Limited (NYSE: BG), today announced that it intends to form a joint venture with PT Bumiraya Investindo ("BRI"), the Indonesian palm plantation subsidiary of PT Tiga Pilar Sejahtera Food Tbk ("TPS Food"). This would be Bunge's first investment in the palm oil industry.
Bintangor Laut, Perah Identified As Future Malaysian Biofuels Feedstocks
02/11/2011 (Biofuels Digest) - In Malaysia, researchers at the Forestry Research Institute of Malaysia have developed biodiesel using forest trees bintangor laut and perah as feedstock which, they say has far few carbon emissions than palm oil biodiesel. The feedstocks also have low fatty acid contents and give off a sweet smell when combusted.
RI Enjoys $2 Billion Surplus in Non-Oil-and-Gas Trade
02/11/2011 (Jakarta Post) - Indonesia enjoyed a surplus of US$2 billion in the non-oil-and-gas trade and $800 million in the oil-and-gas trade in September, the Trade Ministry reported.
Markets Off To Cautious Start in November
02/11/2011 (The Edge) - Markets kicked off the first trading day of November on a cautious note, with most key regional bourses in the red, as investors worried about a slowdown in global economy and slow progress in the European debt crisis.
Indonesia Stocks: Bank Internasional, BW Plantation, Indofood
02/11/2011 (Bloomberg) - Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses and share prices are as of 9:58 a.m. in Jakarta.