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The average price of chicken fell to between Rp 10,000 (64 US cents) and Rp 12,000 per kilogram, around 34 percent lower than the production cost.
The "chicken giveaway" was organized as a protest movement to address the current oversupply in a bid to increase farm-level prices.
State-owned gas company PT Perusahaan Gas Negara (PGN) has reminded the government not to hastily import liquefied natural gas (LNG) amid the current oversupply situation.
The real reason behind the regrouping policy for customers of of state-owned electricity firm PLN became clear when the PLN president director announced that about 40 percent of electricity produced by the company was currently unused.
The Indonesian Hotel and Restaurant Association (PHRI) has called on the government to stop issuing licenses for hotel construction because currently the country has a surplus of hotel rooms.
The Agriculture Ministry has issued a ministerial decree to address the oversupply of chicken, which has sparked complaints by businesspeople about decreasing prices of the commodity.
Amid tighter competition in the domestic market, state-owned cement maker PT Semen Padang, a subsidiary of Indonesia’s largest cement producer PT Semen Indonesia, is making inroads into a new export market in Australia.