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DarminNasution

Government to meet on price of subsidized Premium fuel
Business 7 years ago

Government to meet on price of subsidized Premium fuel

Coordinating Economic Minister Darmin Nasution said on Thursday the government would soon hold a meeting to decide on whether it will increase the price of the subsidized Premium-branded gasoline after the issue sparked controversy on Wednesday.
Escalating trade war unstoppable: Minister
Business 7 years ago

Escalating trade war unstoppable: Minister

Coordinating Economic Minister Darmin Nasution said on Friday the escalating trade war between the United States and China, which has ensnared other countries, has dragged the global economy into deeper uncertainty.
Economic chief needs time to explain rupiah drop
Business 7 years ago

Economic chief needs time to explain rupiah drop

Coordinating Economic Minister Darmin Nasution has declined to comment on the reason as to why the rupiah weakened to slightly above Rp 15,000 per US dollar on Tuesday, saying that he needed to look deeper into the matter.
Economic stability first, growth next: Minister
Business 7 years ago

Economic stability first, growth next: Minister

The government and Bank Indonesia (BI) are prioritizing economic stability over economic growth because external pressures still haunt the country’s economy, Economic Coordinating Minister Darmin Nasution said on Friday.
Government to punish companies that fail to distribute B20
Business 7 years ago

Government to punish companies that fail to distribute B20

Economic Coordinating Minister Darmin Nasution has threatened to companies who fail to distribute a 20-percent blended biodiesel called B20, the mandatory usage of which came into effect on Sept. 1.
Government cancels import of 600,000 tons of rice
Business 7 years ago

Government cancels import of 600,000 tons of rice

Coordinating Economic Minister Darmin Nasution has stated that the government has canceled the import of 600,000 tons of rice.
Government to recalculate impact of B20 policy
Business 7 years ago

Government to recalculate impact of B20 policy

Deputy Energy and Mineral Resources Minister Arcandra Tahar has said the government is now recalculating the impact of the use of 20 percent blended biodiesel (B20) on the government’s effort to reduce imports of crude oil.
New import rule targets consumer goods: Minister
Business 7 years ago

New import rule targets consumer goods: Minister

Finance Minister Sri Mulyani Indrawati has stressed that the new regulation to be issued in days will curb imports on consumer goods, which were blamed for ballooning trade deficit in July and increasing the current account deficit (CAD).
New import tariff policy to be issued within two days
Business 7 years ago

New import tariff policy to be issued within two days

The government will issue a finance minister regulation on new import tariffs within two days, said Coordinating Economic Minister Darmin Nasution after a meeting in Jakarta on Tuesday.  
Rupiah weakening purely due to external factors: Darmin
Business 7 years ago

Rupiah weakening purely due to external factors: Darmin

Coordinating Economic Minister Darmin Nasution has said the rupiah's weakening to Rp 14,700 per United States dollar on Friday was purely because of external factors, particularly the plunge of the Argentinian currency.
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