#fuel price hike

Collection of fuel price hike news, found 295 news.

Central bank and OJK need to convince the market

Bank Indonesia and the Financial Service Authority (OJK) need to coordinate intensively to convince the market that ...

Rupiah stronger in Jakarta`s Thursday morning trade

The banks in Jakarta traded Indonesias rupiah at Rp12,325 per US dollar on Thursday morning or it regained 13 points ...

Presidential instruction to not meet MPs considered setback for reconciliation

The cabinet secretarys letter carrying President Joko Widodos instruction that prevents ministers from attending the ...

Fuel price hike to encourage foreign investment: Ex finance minister

The recent rise in the prices of subsidized fuels will indirectly encourage foreign investors to invest in Indonesia, ...

Legislators proceed with attempt to question president

The governments decision to raise the prices of subsidized fuels when the world crude price is on the decline has led ...

Police still on high alert following fuel price hike announcement

Security situation in Indonesia is still on alert status one, which was imposed after President Joko "Jokowi" Widodo ...

Senior minister hopes Organda to cancel nationwide strike

Coordinating Minister for Economic Affairs Sofyan Djalil will communicate with the Organization of Land Transportation ...

Police on high alert following fuel price hike announcement

The Indonesian National Police will deploy two-thirds of its personnel to contain possible disruptive situations in ...

BI predicts 2014 inflation at 7.7 to 8.1 percent

Bank Indonesia (BI) has predicted that the 2014 inflation rate will increase to 7.7 to 8.1 percent, which is higher ...

Indonesian govt must divert fuel subsidy transparently: Analyst

The decision to hike the prices of subsidized fuels can win public support if the government promises to divert the ...

Bank Indonesia increases BI rate to offset fuel price hike

Reacting to the subsidized fuel price hike, Bank Indonesia decided Tuesday to increase the BI Rate by 25 bps to 7.75 ...

Subsidized fuel price hike will revive economic condition: Indonesian chamber

The Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Suryo Bambang Sulisto, said that the ...

Transportation tariff increases 10 percent following fuel price hike: Minister

Public transportation fares will go up by 10 percent starting November 18 following the governments recent move of ...

Commodity prices spike following fuel hikes

The prices of basic commodities in traditional markets across several areas of Indonesia shot up after Joko Widodos ...

Indonesia fuel subsidies diverted for public welfare

The government of President Joko Widodo and Vice President M. Jusuf Kalla finally decided to raise the price of ...