BUSINESSMEN, FARMERS CAUTIOUS ABOUT CPO PRICE REBOUND

       Jakarta, Jan 29 (ANTARA) – Business players and farmers are giving cautious response to signs of improving crude palm oil (CPO) prices after plunging by over 60 percent from about US$1,200 per ton in March to about US$400 per ton in December last year.    “Although the price is going up it is believed that [...]

TOBACCONIST OPPOSED TO MOSLEM SCHOLARS’ BAN ON SMOKING

        Jakarta, Jan 27 (ANTARA) – Indonesian tobacco farmers are opposed to an edict issued by the Council of Indonesias Ulema (MUI) forbidding Muslims in Indonesia to smoke although the country earns tens of trillions of rupiah of its revenues from cigarette taxes.     “The edict will affect the income of tobacco growers and  indirectly impact on [...]

CHINESE CELEBRATE ‘IMLEK’ TO WELCOME FORTUNES

        Jakarta, Jan 25 (ANTARA) – Enthic Chinese in Indonesia are celebrating Chinese New Year 2560 on Monday, January 26,  with various attractions, colorful decorations and offering or enjoying special dishes to welcome fortunes lying ahead.      A number of star-rated hotels in Jakarta have been adorned with typically Chinese decorations and presented the ‘barongsai’ (dragon dance) [...]

GOVT ENDS EXXON’S RIGHT TO DEVELOP NATUNA GAS BLOCK

      Jakarta, Jan 17 (ANTARA) – The Indonesian government has urged Petamina to develop Natuna D-Alpha Block soon, assuring the state-owned firm that the American ExxonMobil Oil Indonesia’s contract for exploitation of  the gas field  has expired.
     Energy and Mineral Resources Minister Purnomo Yusgiantoro said that Pertamina might develop soon Natuna D-Alpha block which was estimated to [...]