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View all search resultsAmid rising geopolitical tensions and growing concerns over energy security, the government is considering phasing out liquefied petroleum gas (LPG) for cooking—around 80 percent of which is imported—by reviving a nationwide induction (electric) stove program. At the same time, policymakers are also exploring the replacement of subsidized LPG with compressed natural gas (CNG) canisters. Yet beyond the promise of reducing import dependence, the question remains: Who stands to benefit from these policy shifts?
Some 2.3 billion people across 128 countries breathe in harmful smoke when they cook on basic stoves or over open fires, according to an International Energy Agency (IEA)-African Development Bank (ADB) report that sounded the alarm last year.
The government has decided to increase the portion of domestic market obligation (DMO) of crude palm oil (CPO), the raw material of cooking oil, and slow down CPO exports to reign in the recent hike of government-sponsored, simple-packaged cooking oil Minyakita. The antimarket policy has irked industry players as it will again punish them more.
Among the many things that have become more abundant after the pandemic is the rise of “homepreneurship”, in which even stay-at-home parents have decided to open their own businesses in order to stay afloat financially.
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