by Editor | Jul 9, 2012 | Agriculture, News, Resources
JAKARTA (Indonesia Today) – Fitch Ratings has assigned Indonesia-based plantation company, PT Sawit Mas Sejahtera (SMS), a National Long-Term rating of ‘AA(idn)’ with a stable outlook. In line with Fitch’s Parent and Subsidiary Rating...
by Editor | May 9, 2012 | Agriculture, News, Resources
JAKARTA (Indonesia Today) – Plantation stocks ended mostly lower ground in the region Wednesday (Sep 5) as crude palm oil (CPO) retreated to below RM3,000 per ton. The benchmark November contracts of CPO dropped as much as RM68 to RM2990 per ton, while December...
by Editor | May 9, 2012 | Agriculture, News, Resources
JAKARTA (Indonesia Today) – Astra Agro Lestari (AALI), the largest crude palm oil producer on Indonesia Stock Exchange (IDX), withdrew three out of five CPO packages auctioned off Wednesday (Sep 5) due to low bids. Bids for the 5,000 tons packages were as low as...
by Editor | May 8, 2012 | Agriculture, News, Resources
BONTANG (Indonesia Today) – PT Pupuk Kalimantan Timur, the largest fertilizer producer in Indonesia, generated net profit of Rp940.99 billion in the first half of 2012, an increase of 33% from the corresponding period of last year. The state-owned company...