Concerned by a rise in the consumption of imported fruit, President Susilo Bambang Yudhoyono has urged Indonesians to purchase locally grown agricultural products.

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Several banks in the country have begun to cut their deposit rates, following a decision by the Deposit Insurance Agency last week to further lower the rate for guaranteed deposits to 9 percent.

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The tender process for the exploration and production of coal bed methane (CBM) gas in Indonesia will be delayed until August following a request from interested bidders asking for more time to set up pilot projects in order to determine the project's economic feasibility, an official said.

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