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View all search resultsThe Bandung administration and a local business will work together to ensure that retail prices for chicken will remain stable, especially ahead of the Idul Fitri holiday next month, acting mayor Muhamad Solihin says.
State Logistics Agency (Bulog) president director Budi Waseso says he can guarantee the availability of rice in the market because under his leadership, the agency will no longer hold market operations, a mechanism used to push rice prices down due to rice scarcity.
As the rupiah faces pressure from monetary tightening in the United States, the best way to defend the currency is by sacrificing foreign exchange to intervene in the market, says Ari Kuncoro, a professor of economics at the University of Indonesia (UI).
The State Logistics Agency (Bulog), anticipating a possible jump in garlic prices ahead of the fasting month of Ramadhan, which begins late this month, will carry out market intervention practices at several traditional markets in Jakarta, starting on Saturday.
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