#fuel price hikes

Collection of fuel price hikes news, found 40 news.

BPH Migas urges synergy for subsidized fuel distribution

The Downstream Oil and Gas Regulatory Agency (BPH Migas) has called on regional governments to enhance collaboration ...

Food supply stability can control inflation: Finance Ministry

Finance Ministry's Fiscal Policy Agency (BKF) Head Febrio Kacaribu  stated that the government's endeavors ...

Fishermen are heroes supplying protein for the country: Minister

State-Owned Enterprises Minister Erick Thohir affirmed that fishermen were heroes that supplied protein for the ...

President asks pre-employment card beneficiaries to be productive

President Joko Widodo (Jokowi) has urged the beneficiaries of the Pre-Employment Card program to help maintain national ...

2015 inflation may stay below 3 percent

Indonesias 2015 inflation rate may stay below 3 percent, driven by persistently stable food prices and the ...

IMF team praises Indonesia`s macroeconomic management

A team from the International Monetary Fund (IMF) has praised the countrys macroeconomic management after visiting ...

Jakarta raises non-economy transportation fares by Rp1,500

The Transportation Office of the Jakarta Provincial Administration and public transportation operators have officially ...

Pertamax consumption up by 137 percent after fuel price hikes

Consumption of non-subsidized gasoline pertamax has increased by some 137 percent since the subsidized fuel price ...

BI to help curb 2014 inflation at 7.7 percent

The countrys central bank, Bank Indonesia (BI) announced its plan to curb inflation in 2014 at 7.7 percent or at 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, ...

Hard for Bulog to buy rice from farmers

The Central Sulawesi branch of State Logistics Agency (Bulog) finds it more difficult to buy rice from local farmers, ...

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 ...

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 ...

Indonesian govt to divert fuel subsidy to productive sectors

The Indonesian government has decided to reallocate some Rp330 trillion of energy subsidy to productive sectors that ...

IHSG closed down 30.45 points

The Indonesia Stock Exchange index (IHSG) closed down 30.45 points on Friday, driven by profit taking. The IHSG ...