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floor-prices

Business 5 years ago

Indonesia sets price floor for nickel ore to protect small miners

The nickel ore floor price is needed to ensure small miners, who don’t have their own smelting facilities, will get fair price from smelter owners

Business 5 years ago

Higher regulated airfares could help airlines survive pandemic: INACA

The ministry is currently finalizing the ceiling and floor prices for airfares.

Business 6 years ago

PREMIUM
Smelters buying nickel ore below floor price will get sanction: ESDM Ministry

The floor price will be monitored and smelting companies that do not obey it will receive a sanction from the ministry.

Business 7 years ago

Government increases price floor of airplane tickets

The government has decided to increase the price floor of airplane tickets from 30 to 35 percent of the price ceiling in response to requests from a number of airlines, Transportation Minister Budi Karya Sumadi said in Jakarta on Tuesday.

Business 9 years ago

Government to buy all paddy produced by farmers: Minister

Agriculture Minister Andi Amran Sulaiman has stressed that the government would buy all unhusked rice produced by farmers from all over the country to ensure that paddy prices would not fall lower than the government price floor (HPP) of Rp 3,700 (28 US cents) per kilogram.

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