#subsidized fuel

Collection of subsidized fuel news, found 533 news.

Fuel price hike not to affect production cost: Industry ministry

The Industry Ministry gave the assurance on Wednesday that the government`s policy to slash fuel subsidy will have no ...

May`s deflation suggests inflationary pressure can be curbed

Finance Minister Chatib Basri said May`s deflation of 0.03 percent suggested that inflationary pressure from an ...

Impact of fuel price hike to be temporary

The chairman of the Indonesian Business Association (Apindo) Sofyan Wanandi said he believed the impact of a rising ...

Govt never hesitates to raise fuel price

Energy and Mineral Resources Minister, Jero Wacik said that the government has never hesitated to raise the subsidized ...

Rupiah depreciation due to market's fluctuation

Finance minister Chatib Basri said current depreciation of the Indonesian currency was only caused by fluctuation in ...

House approves fuel oil quota at 48 million kiloliters

The House of Representatives (DPR) has approved the government`s proposal to set subsidized fuel oil quota at 48 ...

Govt urges DPR to accelerate discussion on budget revision

The government has urged the House of Representatives (DPR) to accelerate the discussion of the draft revision of the ...

Fuel price hike depends on cash compensation: Minister

The government will raise the price of subsidized fuel oil after the House of Representatives (DPR) endorses cash ...

BI ready to meet fuel price hike

The new Indonesian central bank (BI) governor, Agus Martowardojo, said the central bank had already prepared various ...

Minister denies compensation for fuel price hike politically motivated

Energy and Mineral Resources Minister Jero Wacik has denied that the government`s plan to compensate the poor for an ...

Bank association conveys bankers` expectations to vice president

Chairman of the National Banking Association (Perbanas) Sigit Pramono expressed bankers` expectations about the ...

New finance minister ready to escort budget revision debate

Newly-installed Minister of Finance Chatib Basri has expressed readiness to escort the debate of 2013 budget revision ...

Indonesia economy remains strong

The international rating agency Standard and Poor`s (S&P) has recently downgraded its ratings outlook on ...

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 ...

Fuel price hikes to trigger 8.5 percent inflation: Citi

Citi Securities has predicted that if the government realizes its plan to increase subsidized fuel oil prices, it ...