TheJakartaPost

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reduction

Business 6 years ago

Boeing cuts 737 MAX output in wake of two deadly crashes

Production will be cut to 42 airplanes per month from 52 starting mid-April, the company said in a statement, without giving an end-date.

Business 6 years ago

Morgan Stanley calls for cutting dependency on external funding

Multinational investment bank and financial services company Morgan Stanley has called on Indonesia to reduce its dependency on external funding to break the link between its monetary policy cycle and external liquidity conditions.

Business 7 years ago

Government to reduce fuel, gas use for electricity

The government is reducing the use of fuel and gas for electricity, a policy that is stipulated in a revision of the Electricity Procurement Plan (RUPTL) from 2019 to 2028, which is being discussed by the Energy and Mineral Resources Ministry and state-owned electricity company PLN.

Business 7 years ago

Government plans fare cut for Palembang LRT to attract passengers

Transportation Minister Buki Karya Sumadi has said the government planned to cut the fare of the light rail transit (LRT) in Palembang to try and attract more people to use the new transportation service, which began operating during the 2018 Asian Games, which the South Sumatra capital co-hosted along with Jakarta.

Business 7 years ago

Government to recalculate impact of B20 policy

Deputy Energy and Mineral Resources Minister Arcandra Tahar has said the government is now recalculating the impact of the use of 20 percent blended biodiesel (B20) on the government’s effort to reduce imports of crude oil.

Business 7 years ago

Sales purchase agreements hamper efforts to reduce oil import: Official

Sales purchase agreements between domestic oil contractors and foreign firms may hamper the government’s effort to reduce oil import by requiring state-owned oil and gas holding Pertamina to buy all oil lifting produced by the contractors, an official says.