CPO Prices Rise for Second Consecutive Day, Fueled by Soy Oil Gains
Technology

CPO Prices Rise for Second Consecutive Day, Fueled by Soy Oil Gains

Crude palm oil (CPO) futures on the Bursa Malaysia Derivatives (BMD) rose for the second consecutive day. Gains in soybean oil prices in Asian markets were a primary driver, though declines in crude oil and profit-taking limited the upside.

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  • Indonesian Stocks Eye Further Gains Amid Profit-Taking Caution

    The Indonesian stock market is poised for further gains on Friday the 13th, but investors must remain cautious of profit-taking due to global market volatility and domestic uncertainties. Despite net buying by foreign investors on the day, cumulative net selling year-to-date persists.

  • Jabodetabek Faces Potential Rain on Friday, BMKG Urges Vigilance

    Indonesia's Meteorology, Climatology, and Geophysics Agency (BMKG) forecasts a high chance of rain across the Jabodetabek region on Friday, November 13. Moderate rainfall is particularly expected in parts of West Jakarta, South Jakarta, Bogor, Depok, and Bekasi, prompting a call for public vigilance.

  • West Java Chamber of Commerce Dispute Continues, Plaintiff Appeals PN Jaksel Decision

    The dispute over the management of the West Java Chamber of Commerce and Industry (Kadin) continues as two regional Kadin managers who sued the Provincial Consultative Meeting (Muprov) results plan to appeal the South Jakarta District Court's (PN) decision to declare their lawsuit inadmissible. The plaintiffs argue the ruling did not address the substance of the case, indicating the dispute is far from over.

  • 8 Witnesses in Presidential Tapping Case Seek Protection from LPSK, Justice Collaborator Applications Pending

    Eight witnesses in the Indonesian presidential tapping case have applied for protection from the Witness and Victim Protection Agency (LPSK). LPSK has indicated the possibility of police officials involved applying as 'Justice Collaborators' (JC), but no JC applications have been received yet.