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Olam Closes the Divestment of Indonesian Unit to Mitr Phol Sugar

JAKARTA (TheInsiderStories) - Olam International, has closed the sales of 50 percent stake in its Indonesian sugar joint venture, Far East Agri Pte., Ltd., said...

Indonesia’s Triputra Agro Plans to Go IPO, Targets US$500M

JAKARTA (TheInsiderStories) - Indonesian plantation firm, PT Triputra Agro Persada is gearing up to list its shares (IPO) at the local bourse, said the people closed...

Moody’s downgrades Sawit Sumbermas to B2

Singapore (TheInsiderStories) - Moody's Investors Service has downgraded the corporate family rating of plantation firm, PT Sawit Sumbermas Sarana Tbk (IDX: SSMS) from B1...

Indonesia’s PTPN III to Issue SUKUK US$70M, Eyes Laos for Expansion

Jakarta (TheInsiderStories) - Indonesia' plantation producer, PT Perkebunan Nusantara III (PTPN III) planned to release SUKUK Rp1 trillion (US$70.42 million) on November, the management said...

Fight EU Ban and Critism, Indonesia to Establish Palm Oil Map

JAKARTA (TheInsiderStories) — Indonesia to establish palm oil one map, to harmonize land data and to respond public criticism. The map is expected to...

Tangled by Debts, Indonesia’s Golden Plantations to Sell Asset

JAKARTA (TheInsiderStories) — Two subsidiaries of PT Golden Plantation Tbk (IDX: GOLL), PT Bumiraya Investindo and PT Airlangga Sawit Jaya are tangled by debts,...