Novia D. Rulistia and Rendi Akhmad Witular, The Jakarta Post, Jakarta While most publicly listed food processing companies have enjoyed hefty first-quarter profits, rising global food crop and energy prices are likely to squeeze earnings in the coming months.

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Stakeholders said the local shipping industry would not be ready for the implementation of the cabotage principle, scheduled for 2011, without more incentives and regulatory reforms.

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