Tue, 22 May 2007
Leading agribusiness company PT Asra Agro Lestari said it will acquire 17,000 hectares of palm oil plantation this year, mainly in East Kalimantan, Antara reported.

The acquisition is part of its plan to expand its oil palm plantations by 100,000 hectares by 2010, director Bambang Palgunadi said.

Palgunadi said the process of acquisition is already in progress for 20,000 hectares in Aceh, 40,000 hectares in Morowali, Central Sulawesi and 10,000 hectares in South
Kalimantan.

Currently the company has 200,000 hectares of oil palm plantations with crude palm oil (CPO) production totaling 917,885 tons last year.

With the addition of the 100,000 hectares in 2010, its CPO production is expected to rise to 1.5 million tons a year, Palgunadi said.

The company also plans to acquire 5,000 hectares of rubber plantations in Central Kalimantan.



News Search/Filter
Transaction Rates
11 Dec 17
Buy
Sell
AUD1
10,561.19
9,806.68
BND1
10,390.59
9,647.27
BTC1
220,608,458
220,608,458
CAD1
10,927.34
10,148.58
CHF1
14,153.57
13,144.58
CNH1
2,121.91
1,970.69
DKK1
2,223.07
2,064.47
EUR1
16,544.78
15,362.97
GBP1
18,821.64
17,477.73
HKD1
1,798.99
1,670.87
JPY100
12,364.44
11,481.12
LAK1
1.69
1.57
NOK1
1,691.45
1,570.41
NZD1
9,631.34
8,944.34
PGK1
4,480.67
3,952.94
SEK1
1,662.33
1,543.27
SGD1
10,390.59
9,647.27
THB1
430.73
399.82
USD1
14,046.00
13,046.00
VND1
0.62
0.57
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services