We would like to start this message by thanking you for your continued support of The Jakarta Post. Your support is something we will not forget as we celebrate our Silver Jubilee this year. We know we would never have come this far, becoming the leading independent English language newspaper in Indonesia, without you.
Over the past few years, we have expanded the newspaper to 24 pages every day, including our Sunday edition. In 2007, we launched the Weekender magazine, which is currently a monthly, and we started the Youthspeak tabloid in October as part of our Newspapers in Education program, in which copies of The Jakarta Post and the tabloid are distributed to schools for use in English language instruction.
In recent years, however, the costs of newsprint, printing and delivery have gone up tremendously. We have refrained from passing the cost increases on to our readers for as long as possible. The current subscription and retail rates came into effect in October 2005.
This takes us to the sad but inevitable news that The Jakarta Post has to increase the prices we charge for subscriptions and street sales.
Beginning March 1, the monthly subscription rate will increase from Rp 90,000 to Rp 105,000 for readers in Greater Jakarta and from Rp 99,000 to Rp 112,500 for readers in the rest of Indonesia, and the retail price will go up from Rp 5,000 to Rp 5,500 per copy.
We assure you that we will continue to improve our products and services, and we will provide you added value for your money. We know from our 25 years of experience that we must work hard to earn and maintain your support and loyalty. We aim to work even harder as we celebrate our Silver Jubilee with you.