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  • QASA Market Updates • Updates • Agriculture
     

    The Trade Ministry has set export tax on cocoa bean for December 2011 shipment at 5 percent or the same as the previous month


    Barry Callebaut AG is forming a joint venture company with PT Comextra Majora from Indonesia


    National processed cocoa sales in 2012 is estimated to reach US$ 2.1 billion or grow 5%


    3,5 hectare irrigation damaged


    Serious threat of food crisis will give domino effect to others


    Many business opportunities offered by the government


    The cocoa-processing industry in Indonesia will benefit and grow significantly


    PT Astra Agro Lestari Tbk and PT Bakrie Sumatera Plantations Tbk will expand to the palm oil downstream business


    Three companies are developing thousand hectares land in food estate area of Delta Kayan, East Kalimantan.


    Cargill Cocoa & Chocolate Inc. plans to build a US$ 100 million cocoa processing manufacturing company in South Sulawesi


    The Merauke Integrated Food and Energy Estate (MIFEE) in Papua is estimated to require investment of US$ 10 billion


    To achieve the target, the government will tighten the field school program in integrated crop management (SLPTT)


    National milk sales is projected to rise six percent to US$ 1.06 billion or Rp 9.01 trillion from US$ 1 billion in 2010


    South Korean Tobacco Company KT&G had bought, for 140 billion won ($132.6 million), a controlling stake in Indonesian firm Trisakti to tap into one of the world’s biggest markets


    The Indonesian Cocoa Industry Association targets national processed cocoa production capacity to reach 280 thousand tons in 2011

    Indonesia will import 180,000 live cattle from Australia for the third quarter, marking the restart of imports after a ban on the Aus$320 million trade was lifted this week


    Australian Government revoked its cow export ban to Indonesia although it will be restricted to companies that can provide supply chain assurance


    The Indonesian Cocoa Industry Association estimates that processed cocoa sales in the third quarter of 2011 can increase by 10 percent to US$ 440 million


    PT Pupuk Sriwidjaja (Persero) will build two factories that the investment will reach Rp 10 trillion to Rp 11 trillion


    Indonesian Horticulture Market share export to Singapore will reach 30 percent by 2014

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