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distribution

BPH Migas supports slashing levies on PGN to lower gas prices
Business 6 years ago

BPH Migas supports slashing levies on PGN to lower gas prices

PGN requested a gas distribution levy cut on Feb. 3 as a way to lower industrial gas prices.
Tire makers Hankook, Bridgestone to expand sales networks in Indonesia
Business 6 years ago

Tire makers Hankook, Bridgestone to expand sales networks in Indonesia

Hankook Tire Sales Indonesia and Bridgestone Tire Indonesia will expand their retail distribution networks in 2020, optimistic automotive sales will bounce back after stagnating in 2019.
Bulog finds 20,000 tons of rotten rice, another 100,000 tons in poor condition
Business 6 years ago

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Bulog finds 20,000 tons of rotten rice, another 100,000 tons in poor condition

 In addition to the rotten rice, another 100,000 tons of Bulog’s stocks of 2.3 million tons of rice are in poor condition after being kept in warehouses for more than four months.
Energy Ministry proposes revision of price formula for subsidized diesel
Business 6 years ago

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Energy Ministry proposes revision of price formula for subsidized diesel

The energy ministry has proposed to revise the price formula for subsidized diesel fuel that effectively annuls the ministry's April decree, which lowered the formula's HIP benchmark from 100 percent to 95 percent.
Nationwide trial of B30 biodiesel to start in November
Business 6 years ago

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Nationwide trial of B30 biodiesel to start in November

Last month, government researchers completed a road test measuring the consumption and emission of the B30 biodiesel on passenger cars and trucks
Innovation, integration, equitability: ‘Tol Laut’ program needs more, say experts
Business 6 years ago

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Innovation, integration, equitability: ‘Tol Laut’ program needs more, say experts

Government officials and industry experts say that more innovation, integration and equitable interregional development are needed to optimize the "Tol Laut" program's impact on economic development.
UAE’s oil giant to team up with Pertamina in LPG business
Business 6 years ago

UAE’s oil giant to team up with Pertamina in LPG business

Indonesia spends US$30 billion a year on LPG imports to meet 70 percent of its national LPG demand.
Bulog’s 2.3 million tons of rice at risk of spoilage
Business 6 years ago

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Bulog’s 2.3 million tons of rice at risk of spoilage

The government expects Bulog to procure 1.8 million tons of rice from farmers in 2019.
Lautan Luas expects trade war can boost exports to US
Business 6 years ago

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Lautan Luas expects trade war can boost exports to US

United States industries are looking for raw materials from new countries because of the high tariffs imposed on Chinese goods. 
HM Sampoerna to pay Rp 13.63 trillion in dividends
Business 6 years ago

HM Sampoerna to pay Rp 13.63 trillion in dividends

The dividends are equal to 100.96 percent of the profits of Rp 13.5 trillion, up by 6.8 percent year-on-year. This means that the value of the dividend of each share would be Rp 117.2.
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