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NEW UPDATES Asean Affairs    9 January 2015  

Indonesian crude price declined in December

The Indonesian crude price (ICP) saw a US$15.83 per barrel fall to $59.56 per barrel in December 2014 from $75.39 per barrel the previous month, the Energy and Mineral Resources Ministry said in a press statement released on Tuesday.

The price of main oil of Minas/SLC type in December was recorded at $60 per barrel, down by $16.33 per barrel from $76.33 per barrel the previous month, Antara news agency reported.

Earlier, the Finance Ministry stated that ICP averaged $97 per barrel in 2014, which was $8 lower than the set target of $105 per barrel in the revised 2015 state budget.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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