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Regulations 9 months ago
PREMIUM
Govt to scrap rice quality classification to curb illegal blending
The government plans to use the simplified categories "special" and "regular", with Bappenas to set the standard price for the latter, to combat the illicit practice of blending different grades of rice for selling at premium prices, which the President has condemned as a brazen "criminal act".
Markets 1 year ago
PREMIUM
Govt rice reserve hits new record high of 3.5m tonnes: Ministry
Record-high yields in the first four months of the year has helped expand the national rice reserve from 1.7 million to 3.5 million tonnes, inadvertently leading to a shortage of storage facilities but also creating an export opportunity.
Opinion 1 year ago
PREMIUM
Analysis: Govt deploys military, police to stabilize unhusked rice prices
In an effort to stabilize rice production and prices, the Agriculture Ministry has enlisted the Indonesian Military (TNI) and the National Police to oversee the procurement of harvested dry unhusked rice (GKP) at a government-set price of Rp 6,500 per kilogram (30 US cents). This regulation on the Government Purchase Price (HPP) for unhusked rice took effect on Jan. 15, 2025.
