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Raising the alarm for BPJS

Editorial 2 years ago

Raising the alarm for BPJS

In a desperate attempt to control its worsening deficit, BPJS Kesehatan made several attempts to remove drugs for cancer.

Indonesia to ban RON-88, RON-89 fuel sales in New Year

Regulations 3 years ago

Indonesia to ban RON-88, RON-89 fuel sales in New Year

The Energy and Mineral Resources Ministry on Oct. 11 finally passed Energy Ministerial Decree No. 245/2022, which revised Energy Ministerial Decree No. 62/2022 on the price formula to calculate the retail price of gasoline and diesel distributed in gas stations.

Indonesians cut back on insurance but industry remains upbeat over growth potential

Markets 3 years ago

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Indonesians cut back on insurance but industry remains upbeat over growth potential

Improved insurance literacy among consumers is one way to capitalize on potential growth in Indonesia's insurance industry, which still lags behind its Southeast Asian peers.

The politics of fuel reform

Editorial 4 years ago

The politics of fuel reform

Because we depend on imported fuel for more than 60 percent of our needs, Jokowi should demonstrate the political courage to reduce wasteful subsidy spending by implementing a more well-targeted subsidy.

Japan premium melons go for $24,800 after virus slump

Food 4 years ago

Japan premium melons go for $24,800 after virus slump

The 2.7 million yen price tag at the season's first auction for the famed Yubari melons is still a snip compared to records for the prized produce.

BPH Migas sets lower subsidized fuel quota for 2021

Business 5 years ago

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BPH Migas sets lower subsidized fuel quota for 2021

Subsidized fuels is a prickly issue for the Indonesian government. The dirty commodity costs trillions of rupiah in state spending and swells carbon dioxide and air pollution levels, especially in big cities.

Business 5 years ago

Pertamina defers phasing out Premium brand despite clean fuel goal

State-owned oil giant Pertamina expects to continue to sell its least environmentally friendly gasoline brand, Premium, until at least 2024, despite its initial target of completely phasing out the brand two years ago to meet its emissions target.

Insurance ‘myths’ contribute to public reluctance

Business 5 years ago

Insurance ‘myths’ contribute to public reluctance

Insurance penetration in Indonesia has been low for a long time, with 2017 data from the World Bank pointing to 1.3 percent life insurance premium volume to GDP.

Allianz Life Indonesia books strong premium growth in Q1

Business 5 years ago

Allianz Life Indonesia books strong premium growth in Q1

“In the medium to longer term, the need for protection will only increase because of this pandemic,” Allianz Life Indonesia boss says.

Government defends policy to raise BPJS Kesehatan premiums amid backlash

Business 5 years ago

Government defends policy to raise BPJS Kesehatan premiums amid backlash

Finance Ministry budget director general Askolani said on Thursday that the policy aimed to improve the national healthcare system.

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