Lion Air, Gapki to Begin R&D on Bioavtur

Jakarta Globe | April 11, 2018 Jakarta. Lion Air Group, Indonesia’s largest budget airline operator, signed a memorandum of understanding with the Indonesian Palm Oil Association, or Gapki, on Tuesday (10/04) in Jakarta to conduct research, development and trials to explore alternative palm oil-mixed aviation fuel, known as bioavtur. The use of bioavtur, an aviation fuel that…

Almost Half The Profit

The Jakarta Post, 11 April 2018 Almost half the profit: PT Astra Agro Lestari president director Santosa (right) and the board of directors speak to journalists after the annual general shareholders meeting in Jakarta on Tuesday. The company gave out dividends to shareholders amounting to 45 percent of its net profit in 2017. (JP/Dhoni Setiawan)…