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fuel-price

Floating Pertamax prices may increase competition in unsubsidized fuel market
Regulations 3 years ago

PREMIUM
Floating Pertamax prices may increase competition in unsubsidized fuel market

Now that the product’s retail price will follow the contours of global oil prices, Pertamina is expected to sell Pertamax at rates closer to other brands. 
High inflation episode
Editorial 3 years ago

High inflation episode

If BI is too aggressive in money tightening to check inflation, that measure may sabotage the post-pandemic recovery and put pressure on income because economic growth is primarily driven by private consumer spending.
Public transportation sees uptick in passengers after fuel price-hike
Jakarta 3 years ago

PREMIUM
Public transportation sees uptick in passengers after fuel price-hike

Amidst the fuel price-hike on Sept. 3, bus and MRT operators in Jakarta have seen a minor uptick in passenger numbers. 
Ship operators to reduce ferry services following fuel price hike
Archipelago 3 years ago

PREMIUM
Ship operators to reduce ferry services following fuel price hike

Ship operators under the River, Lake and Water Transportation Operators Association (Gapasdap) have announced that they will scale back ferry services on several major routes to cut down losses, as the Transportation Ministry has not yet implemented a new pricing scheme following a significant fuel price hike earlier this month. 
The surprising increase in policy rate amid stability and recovery
Academia 3 years ago

The surprising increase in policy rate amid stability and recovery

Controlling core inflation is the short-term target of the BI money tightening because headline and core inflations are expected to increase due to the second-round effect of the recent fuel price hikes.
Fuel price hike and domestic consumer spending patterns
Economy 3 years ago

PREMIUM
Fuel price hike and domestic consumer spending patterns

The government decided to increase the price of subsidized Pertalite and Pertamax gasoline and Solar diesel on Sept. 3 to manage the energy subsidy quota not to exceed Rp 502 trillion (US$33.5 billion).
Fuel price hike takes toll on Jokowi’s popularity
Politics 3 years ago

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Fuel price hike takes toll on Jokowi’s popularity

The latest public opinion poll found that President Joko “Jokowi” Widodo’s approval rating has taken a 10 percentage-point hit, as a result of his administration’s decision to raise fuel prices.
Electric vehicles, now!
Editorial 3 years ago

Electric vehicles, now!

The hefty price hikes at Pertamina gas stations earlier this month not only alleviate the massive strain subsidies are putting on state coffers but also make conventional cars much more expensive to use.
Gig drivers fear hardship after fuel price hike
Society 3 years ago

Gig drivers fear hardship after fuel price hike

A 30 percent hike in fuel prices spurred hundreds of drivers of the most popular ride-hailing apps to hold protests across Indonesia as they struggle to make ends meet.
Regretting Jokowi’s UN absence
Editorial 3 years ago

Regretting Jokowi’s UN absence

There are no other acceptable reasons, including the domestic political situation, for the President to not go to New York, the United States, to address the world audience. 
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