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View all search resultsfuel-price
Business 5 years ago
COVID-19: Labor union calls on govt to reduce electricity, fuel prices
Indonesian Metal Workers Federation (FSPMI) secretary-general Riden Hatam Azis said the government should lower the prices of electricity and fuel to help workers who have to stay at home to prevent COVID-19 transmission.
Business 6 years ago
Indonesia removes price floor for unsubsidized fuels amid global oil price war
The Energy and Mineral Resources Ministry issued on Feb. 28 Ministerial Decree No. 62/2020 that erases a price floor for gasoline and diesel set by a previous decree, providing flexibility for distributors to reduce prices as low as possible.
Business 6 years ago
PREMIUM
US-Iran row exposes another threat to the Indonesian economy
The heightened tension between the United States and Iran after a US air strike killed influential Iranian general Qasem Soleimani last week will add to the global economic uncertainties, which could further affect Indonesia’s exports, analysts have said.
Business 7 years ago
Indonesians enjoy cheaper gasoline ahead of election
State-owned energy holding company Pertamina lowered the prices of its subsidized and non-subsidized gasoline by up to Rp 800 (6 US cents) per liter on Sunday, a move some consider political ahead of the presidential election in April.
Business 7 years ago
Pertamina lowers subsidized, non-subsidized fuel prices
State energy holding company Pertamina announced on Sunday that it would lower the prices of non-subsidized gasoline by up to Rp 800 (6 US cents) per liter, following a drop in the global crude oil price and the rupiah strengthening against the US dollar.
