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Regulations 3 weeks ago
PREMIUM
Indonesia mulls vehicle-based curb on subsidized fuel
Under the latest plan disclosed by Finance Minister Purbaya Yudhi Sadewa, the government would restrict purchases by those classified in deciles 9 and 10 under the National Socioeconomic Single Data (DTSEN) system.
Archipelago 1 month ago
PREMIUM
Fuel shortages prompt nationwide crackdown on subsidized fuel misuse
The crackdown on the misuse and hoarding of subsidized fuel comes as several regions across Indonesia have reported fuel shortages in recent months, including Aceh, North Sumatra, Bangka Belitung Islands, East Nusa Tenggara, South Sumatra, East Kalimantan and South Sulawesi.
Archipelago 2 months ago
PREMIUM
Protests erupt in North Sumatra amid subsidized fuel shortage
In North Sumatra’s capital Medan, hundreds of ojol (online motorcycle transportation) drivers protested outside Pertamina's office on Thursday, demanding a solution to fuel shortages that have led to long queues at gas stations across the city.
Archipelago 4 months ago
Riau Islands Police clamp down on fuel fraud, smuggling in border areas
The Riau Islands Police are coordinating with several security agencies to monitor the maritime border in the province against fuel smuggling and other illegal practices by unscrupulous groups seeking to profit from the global oil price shocks.
Economy 4 months ago
PREMIUM
Govt to launch incentives for 200,000 EVs to boost sales, cut fuel subsidies
In a push to reduce the burden of fuel subsidies on the state budget and boost growth in the latter two quarters, the government is planning to roll out a new incentive for purchases of electric two- and four-wheelers in June.
Regulations 5 months ago
PREMIUM
Govt dithers on potential fuel price hike
The government will not hike fuel prices heading into the new month despite growing pressure on the state budget because of a rapid rise in global oil prices as nations scramble for crude oil amid the United States-Israeli war on Iran.
Economy 5 months ago
PREMIUM
Govt pledges not to increase fuel prices
The government is holding subsidized fuel prices steady through year-end as global oil price tops US$100 a barrel, with Finance Minister Purbaya Yudhi Sadewa saying the state will absorb the shock rather than pass it on to consumers.
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