#oil imports

Collection of oil imports news, found 140 news.

Govt to reduce CAD to below 3 pct, says minister

Finance Minister Chatib Basri said the government would take steps to lower the country`s current account deficit ...

Indonesian govt aims to raise mandatory level of biofuel in diesel oil

One of the economic policies unveiled by the Indonesian government recently to contain the widening current account ...

RI to cut oil import, promote use of biofuels

Indonesia is taking steps to reduce its fuels imports and promote the use of biofuels at home in response to its ...

Govt preparing policies to address new economic developments

Finance Minister Chatib Basri said the government was preparing a package of economic policies for release on Friday ...

Trade deficit caused by oil imports : Minister

Trade Minister Gita Wirjawan blamed fast growing oil requirement and imports for the country`s trade deficit. ...

Obscure fuel subsidy policy responsible for rupiah`s weaking

The obscure policy on fuel subsidy was responsible for the rupiah`s weakening against the dollar, an Indonesian ...

Current account deficit estimated at 2.2 pct: economist

The country`s current account deficit at the end of this year is estimated at 2.2 percent of the gross domestic ...

Govt need not raise fuel prices: Observer

The government need not raise fuel oil prices in the face of increasing burden of the state budget, economic observer ...

Indonesian govt asked to raise subsidized fuel prices

The Institute for Economics and Finance (INDEF) has recommended that the government raise subsidized fuel prices to ...

Government to accelerate geothermal development

The government will speed up the development of geothermal energy to replace fossil fuel whose consumption continues ...

BI sees three challenges facing economy in 2013

Bank Indonesia has seen three main challenges facing the country`s economy in 2013 despite optimism over its good ...

Rupiah weakens against US dollar

The Indonesian currency rupiah weakened to close at 9,790 to the US dollar in interbank transaction on Wednesday from ...

Fuel oil imports contribute to deficit

Fuel oil imports have contributed to the deficit reaching US$1.33 billion in 2012, a finance ministry official said. ...

BI proposes raising FDI to stem current account deficit

Bank Indonesia (BI) Governor Darmin Nasution said on Wednesday that raising foreign direct investment (FDI) and ...

Pertamina to import oil directly from Iraq

In a move that secures oil for its refineries, Pertamina, the state-owned oil company, will soon start importing crude ...