LAST month, the giant Indonesian palm oil company, Eagle High Plantation, sold off 30 percent of its shares, valued at US$632 million, and the stock exchange Eagle 7 percent to 2.6 percent to Felda Global Ventures, a Malaysian state-owned company. Although one benefit will be to get experts in production technology, Eagle's transaction created quite a stir, given that the sale was seen to be underpriced and took place in the midst of a downturn in the global price of palm oil.
Negotiations between Perusahaan Gas Negara (PGN) and the State-Owned Electricity Company (PLN) on a new contract for the delivery of liquefied natural gas (LNG) from the floating storage and re-gasification unit (FSRU) in Lampung to the Muara Tawar plant in Bekasi, West Java, have reached an impasse.
TIGA Nyonya restaurant and gallery is one of Pahri Azhari's favorite places to spend his free time. Located at the intersection of Jalan Supeno and Jalan Kartini in Palembang, South Sumatra, it's where he goes to relax and spend time with friends and family. It's also where the Musi Banyuasin regent keeps his antiques.
This year, Indonesia and India mark 75 years of diplomatic relations. However, the ties between the two nations have existed much longer, predating the establishment of the Republic of Indonesia and the Republic of India. These connections span social, cultural, religious, economic, and trade aspects. But do those close ties of the past have any bearing on the present relationship? Why is there no direct flight between the capitals of the two countries?
Indian Ambassador to Indonesia and Timor-Leste, Sandeep Chakravorty, shares his views on this matter at TEMPO TALKS.
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