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fuel-subsidy

Politics 4 years ago

PREMIUM
Fuel price hike may increase risk of political turbulence

The government’s recent decision to raise the prices of three brands of motor fuel may increase the risk of political turbulence as the prices of other products follow suit and low-income Indonesians feel sharpened financial strain.

Society 4 years ago

Government hikes fuel prices to rein in ballooning subsidies

The government raised subsidized fuel prices by about 30 percent on Saturday, top officials said, as the it moves to rein in ballooning subsidies despite a risk of mass protests.

Regulations 4 years ago

PREMIUM
Pertamina cuts unsubsidized fuel prices to divert demand

The country’s largest fuel retailer has lowered the price of its Pertamax Turbo, Dexlite and Pertamina Dex fuel brands for the first time this year to adjust to declining global crude prices and promote the use of unsubsidized fuels.

Regulations 4 years ago

Govt seeks to cushion blow of impending Pertalite price hike

Policymakers will seek to offset the effects of a planned increase in the subsidized price of Pertalite motor fuel with a bump in social assistance spending, a minister has said.

Academia 4 years ago

'Jokowinomics' buys political stability for $33.5 billion

The government's penchant for maintaining the fuel subsidy in spite of high global prices and sage economic advice is linked to its ingrained fear of political instability, but the opportunity cost may be much higher in the long term.

Academia 4 years ago

PREMIUM
Jokowi’s subsidy reform: One step backward to buffer consumers

While it might be a step back in subsidy reform, the government has decided to maintain fuel subsidies to creating economic and political turmoil.

Business 6 years ago

Govt to slash diesel subsidy 50%, generate trillions in 2021 savings

The government plans to slash its diesel subsidy by 50 percent to generate trillions of rupiah in fuel subsidy savings for the 2021 state budget.

Business 6 years ago

Indonesia’s clean energy program faces setback, ETI ranking plunges

Indonesia’s ranking fell seven places to 70th out of 115 countries surveyed in this year’s Energy Transition Index (ETI), down from 63rd last year

Indonesia 6 years ago

PREMIUM
Cheap gas incentives to cost government Rp 121.78 trillion in forgone revenue

With the cheap gas incentives, seven gas-intensive industries can buy natural gas at $6 per million British thermal units (mmbtu), below the average $8 per mmbtu

Business 7 years ago

PREMIUM
AKR to buy diesel from Pertamina to cut costs

The government will facilitate a meeting between fuel distributor PT AKR Corporindo and Pertamina to help the publicly-listed company buy diesel fuel from the state-owned energy holding company.

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