Astra Agro Withdraws 5,000 Tons on Low Bids

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...

Pupuk Kaltim First Half Profit Grows 33%

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...