Indonesia Exclusive News - April 27, 2016

[C] GAPKI says CPO output falls 6.4% on month in Mar at 2.31 mln tn

    JAKARTA - Indonesia's palm oil production dropped 6.4% month on month in March at 2.31 mln tn, extending a fall in production since the start of the year, Indonesia Palm Oil Association, or GAPKI, said in a statement today.

By Yayat Supriatna

 

 [C] FIIs account for 36.76% of bids at bonds, T-bills auction Tue

    JAKARTA - Bids by foreign institutional investors at the government's conventional bond and bills auction Tuesday were slightly higher than the previous tender.

  By Maesaroh

 

[C] Waskita Karya's Jan-Mar PAT seen jumping tenfold to 124 bln rupiah

    JAKARTA - State-owned construction company PT Waskita Karya's net profit may have risen tenfold to 124 bln rupiah in Jan-Mar from 11.96 bln rupiah in the same period last year, supported by new contracts, the company's Chief Executive Officer M. Choliq told Cogencis today.

    By Maesaroh

 

[C] Govt sets CPO export duty for May at $3/tn, up from $0/tn in Apr

    JAKARTA - The government has decided to set Crude Palm Oil or CPO export duty for May at $3 per tn, up from $0 per tn in April, a trade ministry official told Cogencis today.

By Yayat Supriatna

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