In a bid to safeguard domestic supply amid the coronavirus outbreak and to protect the people across the country, the Indonesian Government has announced plan to temporarily ban the export of antiseptics, raw materials for masks, personal protective equipment, and face masks. With that consideration, Minister of Trade on 16 March 2020 signed Regulation of […]

Head of the National Disaster Mitigation Agency (BNPB) Doni Monardo highlighted the importance of understanding the Covid-19 threat for Indonesian people and ways of combating the pandemic together. “We must no longer lose any more time, lose our momentum due to our debates on the theory to fight this pandemic,” Doni acted as the Chief […]

Indonesia’s covid-19 tally has spiked to 227 cases as of Wednesday (18/3) with 11 of them recovered and 19 dead, the Government’s spokesperson on covid-19 Achmad Yurianto has announced. The additional cases come from a number of provinces in the country, including capital Jakarta (two more cases), Banten province (four more cases), Yogyakarta Special Region […]

The Government to lower price of industrial gas to US$6 per MMBTU (Million British Thermal Unit) as of 1 April 2020, according to Coordinating Minister for Economic Affairs Airlangga Hartarto. “The President, during a Limited Meeting, has instructed to strengthen gas infrastructure and lower industrial gas price to US$6 per MMBTU through Domestic Market Obligation […]

President Joko “Jokowi” Widodo has called on his Cabinet Minister to oversee the impacts of the drop in global crude oil prices on the country’s economy. “We’ve learned that world oil prices are now declining to roughly below US$30 per barrel and I call for calculation of its impact on the economy,” the President said […]

President Joko “Jokowi” Widodo has called for periodic evaluation and monitoring to industries which have received incentives on gas prices. “For industries which fail to meet good performance and set targets, disincentives or sanctions will be imposed,” the President said in his introduction in an online limited meeting on the Adjustment of Gas for Industries […]

The Government has announced it will provide incentives on gas pricing for industries, Minister of Finance Sri Mulyani said. The measure to reduce gas prices, she added, will certainly affect the State Budget; thus it should only be given to companies with good performance, she added.

Presidential Regulation Number 40 of 2016 stipulates that eight industrial sectors are entitled to new gas price, according to Minister of Industry Agus Gumiwang Kartasasmita. According to the Minister, Ministry of Industry has proposed 88 companies to be entitled to the gas price of US$ 6 per mmbtu.

President Joko “Jokowi” Widodo on Wednesday (18/3) made an impromptu visit to State Logistics Agency (Bulog) Warehouse, Jakarta to check the stock of rice. Upon his arrival at 9 a.m. Western Indonesian Time (WIB), President Jokowi was welcomed by President Director of Bulog Budi Waseso. The President then inspected the warehouse and check the quality […]

To reduce gas price to US$ 6 per mmbtu, the upstream gas price should be reduced to US$ 4 – US$4.5 per million British thermal unit (mmbtu) and transmission and distribution costs should be reduced to US$1.5 to US$ 2 per mmbtu, according to Minister of Energy and Mineral Resources Arifin Tasrif. “The Government revenue […]