#fuel price

Collection of fuel price news, found 507 news.

Govt to reduce budget deficit to below two percent

The government aims to curtail the deficit in the 2015 revised budget to below two percent of the gross domestic ...

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 ...

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, ...

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 ...

Finance minister optimistic 5.8 percent growth achievable

Finance Minister Bambang Brodjonegoro said the country can achieve the 5.8 percent growth target set in the 2015 ...

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 ...