Malaysian palm oil futures hovered around MYR 3,820 per ton, gaining for the seventh straight session while notching a five-week high amid strength in rival edible oil on the Chicago Board of Trade and a climb in crude oil prices as the Middle East crisis deepened, Tradingeconmics.com reported. Palm oil increased 0.39% year-on-year so far, while soybean has fallen 20%, which might have prevented palm oil to gain from El Nino-affected production.
Read MoreAirline PT Lion Mentari Airlines or Lion Air plans to hold an initial public offering (IPO) by targeting fresh funds of up to US$500 million, equivalent to Rp7.77 trillion. This is an interesting IPO to watch for many reasons.
Read MorePuan Maharani, the daughter of PDIP matriarch Megawati Soekarnoputri, admitted that Ganjar Pranowo-Mahfud MD’s camp has been in an intensive communication with Anies Baswedan-Muhaimin Iskandar’s side. Puan, however, said that the decision on whether to work together will be determined later after the election day. The big question now is whether joining forces with Anies will be a good or a bad decision for Ganjar and PDIP.
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