#subsidized

Collection of subsidized news, found 1.252 news.

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 ...

Indonesian govt considered global oil prices to set subsidized fuel prices

The government considered the US dollar exchange rate and international oil prices before increasing the prices of ...

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 ...

Jakarta index closes higher on Tuesday

The Jakarta composite index (JCI) extended gain closing 0.95 percent higher on Tuesday on oil fuel (BBM) price hike ...

Rupiah gains over US dollar

The Indonesian rupiah currency regained more value against the US dollar in closing trade on Tuesday. The ...

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 ...

Government announces fuel price hike

Indonesian President Joko Widodo (Jokowi) has announced the increase of subsidized fuel oil prices that will take ...

Govt to save Rp100 trillion from fuel price hike

The government is set to save around Rp100 trillion in funds from the Rp2,000 rise in the price of every liter of ...