Amid predictions of lower economic growth by international institutions, Bank Indonesia (BI) is still convinced that ...
The government, along with analysts, has predicted that if it raises subsidized fuel price hikes next month with a ...
The government has set a date for the price of oil fuels to be raised but it has yet to decide the levels of the ...
Ministry of Finance has calculated that government may save Rp35 to Rp40 trillion of subsidy fund if it raises the ...
The Institute for Economics and Finance (INDEF) has recommended that the government raise subsidized fuel prices to ...
The Chairman of the Chamber of Commerce and Industry of Indonesia, Suryo Bambang Sulisto, has stated that the ...
Indonesia`s subsidized fuel consumption in 2013 is predicted to exceed the government-set quota of 46.01 million ...
Scarcity in supply resulted in the prices of kerosene to surge to around Rp10,000 per liter in the district of Biak ...
Indonesian Finance Minister Agus Martowardojo said the 2013 State Budget can increase by Rp70 trillion if consumption ...
The House of Representatives (DPR) agreed to meet the government`s demand to increase the quota of subsidized fuels ...
The government has called on all Indonesians to restrict their consumption of subsidized fuel, switch to gas whenever ...
The Indonesian government has urged owners of luxurious cars to use non-subsidized fuel oils as their quotas are ...
State-owned oil and gas company Pertamina has been able to save 13 percent on diesel oil and 10 percent on premium ...
The Finance Ministry has proposed three options to curb fuel subsidies and strengthen the state budget next year. ...
The Indonesian government is seeking a gradual rise in the prices of subsidized fuels as of 2013, when fuel ...