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Markets 1 year ago
PREMIUM
Govt rice reserve hits new record high of 3.5m tonnes: Ministry
Record-high yields in the first four months of the year has helped expand the national rice reserve from 1.7 million to 3.5 million tonnes, inadvertently leading to a shortage of storage facilities but also creating an export opportunity.
Opinion 1 year ago
PREMIUM
Analysis: Govt deploys military, police to stabilize unhusked rice prices
In an effort to stabilize rice production and prices, the Agriculture Ministry has enlisted the Indonesian Military (TNI) and the National Police to oversee the procurement of harvested dry unhusked rice (GKP) at a government-set price of Rp 6,500 per kilogram (30 US cents). This regulation on the Government Purchase Price (HPP) for unhusked rice took effect on Jan. 15, 2025.
Politics 1 year ago
PREMIUM
Army general’s new role in Bulog causes concern
The appointment of Army general Novi Helmy Prasetya to a top civilian post in the State Logistics Agency (Bulog), which controls national rice reverses, has sparked concerns about the government's efforts to expand the role of the military in the food sector.
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