Archive: 11 June 2026
Showing 451-500 of 1,603 articles
Thu, 11 Jun 2026, 18:10 WIB
Despite Dropping Out of University, This Billionaire Scored a 1,000% Gain on Biotech Shares
Bob Duggan, an 80-year-old American billionaire who did not complete his university degree, has seen his investment in Summit Therapeutics surge over 1,000 per cent following positive late-stage trial data for its lung cancer drug. The drug, Ivonescimab, outperformed Merck's blockbuster Keytruda in a Chinese study, although significant global regulatory and safety hurdles remain. Duggan, who previously made a fortune from the sale of Pharmacyclics, attributes his unconventional success to an outsider's perspective and intense focus.
Thu, 11 Jun 2026, 18:10 WIB
Netanyahu Urges Lebanese Citizens to Join Israel in Fight Against Hezbollah
Israeli Prime Minister Benjamin Netanyahu has called on the Lebanese people to side with Israel against Hezbollah, asserting that Lebanon is being 'held hostage' by the Iran-backed militant group. The appeal was made as Israeli forces intensified strikes across southern Lebanon, resulting in at least 12 reported fatalities. A conditional ceasefire announced earlier has been rejected by Hezbollah, with hostilities persisting on both sides.
Thu, 11 Jun 2026, 18:08 WIB
Tanjung Lesung Assessed as Having Potential to Become a Recovery Space
Tanjung Lesung in Banten is being promoted not just as a tourist destination but as a sanctuary for those seeking calm amidst global uncertainty. The Pacific Asia Travel Association (PATA) Indonesia Chapter highlights the area's potential for sustainable, experience-focused tourism. Improved toll road access is expected to boost its appeal as a nature-centric retreat.
Thu, 11 Jun 2026, 18:07 WIB
Here Is the Traffic Engineering in Kemayoran During the 2026 Jakarta Fair
The Jakarta provincial government has announced traffic management measures and parking arrangements around JIExpo Kemayoran for the 2026 Jakarta Fair, running from 11 June to 12 July. Traffic diversions will affect routes from Jalan Gunung Sahari towards Tanjung Priok and vice versa, whilst six designated car parks with a combined capacity of nearly 5,000 cars and over 5,600 motorcycles have been prepared. Officials are urging the public to use public transport and follow directions from traffic officers to avoid congestion.
Thu, 11 Jun 2026, 18:06 WIB
Minister Ferry Announces Selection Results for Kopdes Merah Putih Managers, Keeps Salaries Confidential
Co-operatives Minister Ferry Juliantono has announced the results of the selection process for 30,000 Koperasi Desa Merah Putih (KDMP) managers and 5,000 Kampung Nelayan Merah Putih managers. The results are publicly accessible online, though Minister Ferry stated that the salary figures for these positions remain confidential. Deputy Minister Farida Farichah clarified that the salary calculations are still being finalised and are expected to be completed before the managers begin their duties.
Thu, 11 Jun 2026, 18:05 WIB
Minister Purbaya Responds to Calls to Switch to Pertalite: Not Everyone Should Switch
Finance Minister Purbaya Yudhi Sadewa has responded to social media campaigns urging motorists to switch from non-subsidised Pertamax to subsidised Pertalite fuel following a price hike. He argued that most Pertamax users know their vehicles require the higher-octane fuel. The Energy Ministry has acknowledged the risk of a shift in consumption and is strengthening distribution monitoring, including the use of QR codes, to mitigate a surge in subsidised fuel demand.
Thu, 11 Jun 2026, 18:05 WIB
Audit Results 'Manipulated': Full Chronology of Muara Enim Regent's Bribery Case Involving BPK Official
The Corruption Eradication Commission (KPK) has named five suspects in a bribery case involving the manipulation of audit findings on Muara Enim Regency's 2025 financial report. The scheme involved the Regent, intermediaries, and a technical controller from the Supreme Audit Agency (BPK) who allegedly conspired to alter the audit results for a fee. The payment, sourced from project budgets, was distributed through private companies and intermediaries in Jakarta and South Sumatra.
Thu, 11 Jun 2026, 18:05 WIB
North Sumatra Police Uncover Pornographic Live Streaming Case by 'Koko BR' Account
The North Sumatra Regional Police have arrested a 28-year-old man for running a pornographic live streaming operation on social media. The suspect, known by the account 'Koko BR', allegedly earned up to Rp5 million daily by hosting explicit challenges involving adult women, attracting up to 29,000 viewers per session. Authorities charged the suspect under the new Criminal Code, which carries a maximum penalty of 10 years in prison.
Thu, 11 Jun 2026, 18:05 WIB
RON 92 Fuel Prices in Indonesia's Neighbours Hit Rp21,000 per Litre
Indonesia's Energy Ministry has stated that the price of non-subsidised RON 92 petrol in neighbouring countries has reached Rp20,000 to Rp21,000 per litre, making Pertamax's current price still below its economic value. The recent adjustment of non-subsidised fuel prices is described as a moderate measure to balance energy supply sustainability with public purchasing power. The government maintains subsidised fuel prices to protect vulnerable groups amidst rising global crude oil prices driven by geopolitical tensions.
Thu, 11 Jun 2026, 18:04 WIB
US-Iran Peace Talks Reportedly Continuing Despite Mutual Attacks
Diplomatic negotiations between the United States and Iran are reportedly still on track despite a fresh round of mutual military strikes over the past two days. US Central Command described its strikes on Iranian military targets as 'self-defence' after an American helicopter was shot down in the Strait of Hormuz. The Pakistan-mediated dialogue aims to permanently end the war that began in February 2026 and secure a deal on Iran's nuclear programme.
Thu, 11 Jun 2026, 18:04 WIB
Profile of PT Satu Visi Putra Tbk (VISI), Digital Printing Issuer Acquired by Raffi Ahmad
PT Satu Visi Putra Tbk (VISI), a digital printing materials supplier, has come under new control after PT Harmoni Semesta Investama, owned by celebrity couple Raffi Ahmad and Nagita Slavina, acquired a 61.85% stake for IDR 178.74 billion. The transaction, completed on 9 June 2026, marks the couple's expansion into the capital market beyond the entertainment industry. VISI generates the vast majority of its revenue from banner products and maintains quality control through joint production agreements with suppliers in China.
Thu, 11 Jun 2026, 18:03 WIB
UBSI Lecturers and Students to Represent Indonesia at Global Youth Congress 2026 in Thailand
Universitas Bina Sarana Informatika (UBSI) is sending a delegation to the Global Youth Congress 2026 in Bangkok. The group, comprising a lecturer and two students, will join international delegates to focus on Sustainable Development Goals. Their participation aims to voice issues on quality education and gender equality on a global stage.
Thu, 11 Jun 2026, 18:03 WIB
Tobacco Farmers in West Java Unite to Reject Stringent New Regulations
Tobacco farmers across West Java have united in opposition to several draft regulations being prepared by the Ministry of Health and the Coordinating Ministry for Human Development and Culture. The farmers argue that measures such as plain packaging, nicotine and tar limits, and additive bans threaten their livelihoods and the regional economy. During a gathering in Sumedang, they called on President Prabowo Subianto to protect their welfare and the unique heritage of Sundanese tobacco.
Thu, 11 Jun 2026, 18:02 WIB
Saka Energi Secures POD Approval for Ronggolawe Field, Poised to Boost Oil and Gas Production
PT Saka Energi Indonesia has received Plan of Development approval for the Ronggolawe field in the Pangkah Working Area, with first production expected by the end of 2029. The field is projected to contribute up to 5,126 barrels of oil per day at peak output and holds an estimated 10 million barrels of oil resources. The development involves a unitisation strategy between the Pangkah and West Madura Offshore blocks to accelerate the monetisation of exploration discoveries.
Thu, 11 Jun 2026, 18:02 WIB
Gambir to be Transformed into National Station, Results Visible in Two Years
The Indonesian government is preparing a major overhaul of Gambir Station in Jakarta, aiming to transform it into a modern, integrated 'National Station' within two years. The renovation, prioritised by state railway operator PT KAI, will include the reinstatement of KRL commuter services to improve intermodal connectivity. The plans, discussed with President Prabowo Subianto, also address railway safety by accelerating the handling of level crossings.
Thu, 11 Jun 2026, 18:01 WIB
Riau Police Impoverish Two Elephant Ivory Trade Suspects Through Money Laundering Charges
Riau Police have applied money laundering charges against two suspects involved in the illegal trade of Sumatran elephant ivory, aiming to strip them of their illicit wealth. The investigation, an extension of a broader wildlife trafficking case, revealed billions of rupiah in financial transactions linked to poaching activities dating back to 2014. Authorities seized assets including cash, an excavator, and vehicles, while the suspects face up to 15 years in prison if convicted.
Thu, 11 Jun 2026, 18:01 WIB
JCI Falls to 5,886 Level as Investors Reduce Risky Assets
The Jakarta Composite Index (JCI) weakened on Thursday, pressured by profit-taking and heightened geopolitical tensions in the Middle East. The decline was tempered in the second session following reports the US had concluded strikes on Iran and weakening global oil prices. Market participants are now looking ahead to the upcoming Federal Reserve interest rate decision and Bank Indonesia's policy meeting.
Thu, 11 Jun 2026, 18:00 WIB
Minister Trenggono Reveals Mounting Problems Hindering Indonesia's Shrimp Industry, Including Weak Rupiah
Maritime Affairs and Fisheries Minister Sakti Wahyu Trenggono has highlighted fundamental weaknesses in Indonesia's shrimp sector, citing inadequate hatchery industries and total dependence on imported feed raw materials. Even with the rupiah's favourable exchange rate against the US dollar, shrimp prices are under pressure in several regions. The government is pursuing transformation efforts, including strengthening vocational education to align more closely with industry needs.
Thu, 11 Jun 2026, 17:59 WIB
Government faces land constraints in building Kopdes Merah Putih in urban areas
The Indonesian government is encountering significant land availability challenges for its Kopdes Merah Putih (Red and White Village Cooperatives) programme in urban areas, Cooperative Minister Ferry Juliantono told parliament. The programme's requirement for 1,000 square metres of land is proving difficult to meet in cities, prompting a presidential report and a review of design standards. Options being considered include relaxing land area rules and adopting vertical building concepts.
Thu, 11 Jun 2026, 17:59 WIB
Students Demonstrate in Bandung, Highlighting Rupiah Weakness and Fuel Prices
University students in Bandung held a peaceful protest against the Prabowo administration's policies, focusing on the weakening rupiah, rising fuel prices, and the costly free nutritious meal programme. Demonstrators also criticised the new Police Law and demanded genuine agrarian reform, arguing the government is failing to manage the country effectively. The rally brought together multiple campuses to voice widespread public discontent over economic pressures.
Thu, 11 Jun 2026, 17:58 WIB
Police name two suspects for smuggling nine Uzbek nationals
The Nusa Tenggara Timur Police have named two Indonesian men as suspects for allegedly attempting to smuggle nine Uzbek citizens to Australia by sea. The suspects were preparing a boat and fuel, and had been promised Rp325 million upon successful delivery of the migrants. The case highlights ongoing efforts to combat human smuggling routes transiting through the province.
Thu, 11 Jun 2026, 17:58 WIB
Weaving the Butter Baby Dream: Breaking Culinary and Entertainment Boundaries with Local Talent
Indonesian dessert brand Butter Baby has launched an original short animated film, 'The Story of Butterlandia', in a Jakarta cinema, positioning itself as the country's first character-based Global Intellectual Property. The founders, who have worked in Indonesia for over four years, stated the fantasy universe and its characters were built from the ground up in Jakarta. The initiative marks a rapid expansion for the brand, which has integrated intellectual property, merchandise, and a scalable store model in less than a year.
Thu, 11 Jun 2026, 17:58 WIB
Raffi Ahmad Refuses to Resign from Government Role Amid Bribery and Money Laundering Allegations
Presidential envoy Raffi Ahmad has stated he will not step down from his government position despite facing public allegations of money laundering and bribery linked to an import case. Speaking at a press conference, he acknowledged the risks of his political involvement but insisted he is unafraid as long as he has done no wrong. Ahmad described the scandals as part of life's challenges, referencing his personal resilience and philosophy of preemptive forgiveness.
Thu, 11 Jun 2026, 17:56 WIB
Green Fiscal for the Future: Optimising Carbon Tax as a Lifeline for National Economic Resilience
Indonesia stands to significantly bolster its fiscal resilience by optimising carbon tax as a new, expansive revenue base. The policy offers a 'double dividend' by forcing industrial emission reductions while generating fresh state revenue to fund strategic green infrastructure, reducing reliance on external debt. Overcoming industry concerns requires a just, transparent, and phased implementation strategy.
Thu, 11 Jun 2026, 17:55 WIB
AGO Reveals Role of Sony Sonjaya's Close Associate in Free Nutritious Meal Corruption Case
The Attorney General's Office has named Asep Yusuf Somantri as a new suspect in the alleged corruption case surrounding the Free Nutritious Meal programme. Asep is suspected of being a close associate of former Deputy Head of the National Nutrition Agency (BGN) Sony Sonjaya and was allegedly tasked with arranging programme partners. Investigators believe Sony unlawfully gave Asep access to intervene with verifying teams to manipulate the status of approved meal providers.
Thu, 11 Jun 2026, 17:54 WIB
Jakarta Police Investigate Hanania Group Fraud Scandal Involving Comedian Praz Teguh
Comedian Praz Teguh has been questioned by Jakarta Metropolitan Police as a witness in an alleged fraud case involving Hajj and Umrah travel agency Hanania Group. He expressed condolences to the victims and submitted evidence of legitimate payments totalling Rp819 million for a group of 24 pilgrims. Praz denied receiving any endorsement fees, clarifying he only received pocket money and a group discount in exchange for a digital content collaboration.
Thu, 11 Jun 2026, 17:53 WIB
Child Persecution Case in Jakarta Reflects Unbroken Cycle of Bullying
A recent persecution case involving a six-year-old in Jakarta highlights the persistent issue of bullying among Indonesian youth. A sociologist argues that bullying is a complex social product driven by the need for recognition and control, with peer influence and harsh parenting as key contributing factors.
Thu, 11 Jun 2026, 17:51 WIB
Arrow breaking symbolises peace in Papua Highlands
A traditional peace ceremony involving the breaking of arrows was held in Wamena to end recent tribal conflict between the Lani and Yali communities. The process, witnessed by Deputy Home Affairs Minister Ribka Haluk, combined customary law with formal legal agreements to prevent future violence. The ceremony underscores government efforts to mediate in a region where tribal warfare, sparked by issues like traffic accidents and murder, remains a significant social challenge.
Thu, 11 Jun 2026, 17:51 WIB
Riau Police Chief Names Tesso Nilo Elephant Calf 'Nona Seroja', Symbolising Resilience
A newborn female Sumatran elephant calf in Tesso Nilo National Park has been named 'Nona Seroja' by Riau Police Chief Inspector General Herry Heryawan. The name, meaning 'Lotus Lady', was chosen for its deep philosophy, symbolising purity and hope emerging from adversity. The birth is viewed as a positive signal for conservation efforts in the park, which faces habitat loss and wildlife crime.
Thu, 11 Jun 2026, 17:51 WIB
State Secretary Confident Free Nutritious Meal Budget Will Decrease After Evaluation
State Secretary Prasetyo Hadi has clarified that there will be no budget cuts for the Free Nutritious Meal programme, but anticipates reduced funding requirements following an ongoing governance evaluation. The review was prompted by the discovery of over 13,000 surplus service points, partly attributed to alleged trading of meal kitchen locations. A one-month evaluation target has been set, while existing meal distribution will continue uninterrupted.
Thu, 11 Jun 2026, 17:51 WIB
Prices of Essential Commodities in Purwokerto Begin to Soar
Prices of several staple goods in Purwokerto, Central Java, have begun to surge, with traders blaming the strengthening US dollar. The spike is most notable in imported garlic, which has reached Rp45,000 per kilogram, while domestic shallots and chillies remain high due to supply shortages and crop failures. The local government is monitoring the situation closely as concerns mount over the potential inflationary impact of recent non-subsidised fuel price increases.
Thu, 11 Jun 2026, 17:50 WIB
Vigilance as Pertamax Consumers Potentially Switch to Pertalite, ESDM's Anticipation
The Ministry of Energy and Mineral Resources is monitoring a potential shift of consumers from non-subsidised Pertamax to subsidised Pertalite fuel following a price increase. To mitigate a surge in subsidised fuel consumption, the government plans to strengthen distribution oversight, including the QR code purchasing system. Officials are also appealing for public awareness to refrain from using subsidies that are not rightfully theirs.
Thu, 11 Jun 2026, 17:47 WIB
Health Minister Confirms No Increase in BPJS Health Premiums
Health Minister Budi Gunadi Sadikin has firmly ruled out any increase in National Health Insurance (BPJS) premiums. The government is instead focusing on reinforcing the scheme's sustainability through a Rp 20 trillion liquidity injection and new regulations. Three pending rules will overhaul the standard inpatient class, diagnosis-related groups, and the national health insurance scheme to boost efficiency.
Thu, 11 Jun 2026, 17:47 WIB
DPRD Jakarta's Kenneth Urges Ragunan Zoo to Expand Digital Payment Options
A Jakarta councillor has called for a comprehensive review of the ticketing system at Ragunan Zoo, citing visitor complaints about the inflexibility of cash-based on-the-spot purchases. Councillor Hardiyanto Kenneth warned that the reliance on cash and the JakCard system could lead to revenue leakage and potential irregularities. He urged the management to adopt modern, integrated digital payment methods such as QRIS and online sales to enhance transparency and public convenience.
Thu, 11 Jun 2026, 17:47 WIB
DKI Jakarta Council Member Urges Ragunan Zoo to Expand Digital Payment Options
A DKI Jakarta Regional House of Representatives (DPRD) member has called for a comprehensive evaluation of Ragunan Zoo's ticketing system after visitor complaints about inflexible cash-only requirements for JakCard purchases. Hardiyanto Kenneth highlighted that rigid payment systems could force cash transactions, increasing risks of regional revenue leakage and potential extortion. He urged the management to adopt a modern, integrated digital payment system comparable to other Jakarta tourist destinations to enhance transparency and public convenience.
Thu, 11 Jun 2026, 17:46 WIB
50 High Schools in Greater Jakarta Challenged to Collect Five Tonnes of Electronic Waste
Fifty high schools across Greater Jakarta are competing to collect five tonnes of electronic waste by November 2026 under the 'Sayang Bumi 2026' programme. The initiative, launched by EwasteRJ and Acer Indonesia, aims to foster responsible e-waste management ahead of stricter waste sorting regulations in Jakarta. The effort addresses Indonesia's significant e-waste problem, which reached 1.9 million tonnes in 2022.
Thu, 11 Jun 2026, 17:46 WIB
UMJ Law Lecturer Discusses Foreign Loan Reformulation in Doctoral Programme
A Muhammadiyah University Jakarta law lecturer has completed his doctorate examining the regulatory framework for foreign loans in Indonesia's post-amendment state budget. His research finds that post-reform era practices have only created superficial transparency and accountability, potentially burdening the national budget rather than supporting development. The dissertation identifies four main clusters of legal issues, including normative conflicts between state finance and international law regimes.
Thu, 11 Jun 2026, 17:45 WIB
Bribery Suspect in Muara Enim Case Previously Served as Expert Staff to BPK Member
Indonesia's Corruption Eradication Commission (KPK) has revealed that bribery suspect Augusz Dewanggara once worked as an expert staff member for a House of Representatives member who now serves on the national audit board (BPK). The case centres on alleged bribes paid to manipulate a BPK audit report for the Muara Enim Regency's 2025 financial year. Five suspects are currently detained, including the regent of Muara Enim and a BPK civil servant, amid an investigation into whether payments flowed to the central BPK body.
Thu, 11 Jun 2026, 17:45 WIB
Free Nutritious Meals Corruption: AGO Searches Offices and Homes in Jakarta-Bandung
The Attorney General's Office has conducted searches across multiple locations in Jakarta and Bandung as part of an investigation into alleged corruption in the management of the Free Nutritious Meals programme. The searches targeted the residences of suspects and offices to secure documents and electronic evidence. A fourth suspect, private sector actor Asep Yusuf Somantri, has also been named in connection with the scheme involving the former leadership of the National Nutrition Agency.
Thu, 11 Jun 2026, 17:45 WIB
After Revising the Police Law, Kompolnas Commits to Strengthening Oversight Down to Sub-district Level
Indonesia's National Police Commission (Kompolnas) has pledged to enhance its supervisory role over the national police force down to the sub-district (Polsek) level following the third amendment to the Police Law. This move is part of an accelerated institutional and managerial reform agenda, aiming to ensure central government policies are implemented consistently across all ranks. The initiative stresses synergy between internal and external oversight mechanisms to boost public accountability and trust.
Thu, 11 Jun 2026, 17:45 WIB
Saudi Public Split Over Iran War, Research Reveals
Independent polling reveals deep divisions among Saudi citizens regarding direct military action against Iran, despite overwhelming support for the strategic alliance with the United States. The findings expose a complex political dilemma for Crown Prince Mohammed bin Salman, who must balance hawkish security objectives with domestic political sensitivities. The research suggests Riyadh’s strategy of public restraint combined with covert operations is designed to satisfy external security aims without triggering internal unrest.
Thu, 11 Jun 2026, 17:44 WIB
Three Injured in Iran Amid Latest US Strikes
At least three people have been wounded in Tehran Province following the latest wave of American strikes on Iranian targets. Iranian emergency services confirmed the casualties and deployed teams to affected areas, while the US Central Command described the operation as self-defence against Iranian military capabilities. The exchange marks a further escalation after Tehran shot down a US Apache helicopter over the Strait of Hormuz.
Thu, 11 Jun 2026, 17:44 WIB
Viral 'Anker' Stunt on Escalator Prompts Warning from KAI Commuter
A video of train enthusiasts, known locally as 'Anker', running the wrong way up a station escalator has gone viral on social media. KAI Commuter has issued a public warning, stating the reckless behaviour endangers both the individuals involved and other passengers.
Thu, 11 Jun 2026, 17:43 WIB
East Java Customs Destroys Illegal Cigarettes Worth Rp19.6 Billion
The East Java I Regional Office of Customs and Excise destroyed over 13 million illicit cigarettes seized between January and early June 2026, with a total value of Rp19.64 billion. The action aimed to curb the circulation of illegal excisable goods and protect state revenue, potentially averting Rp12.8 billion in state losses. The destruction underscores the government's intensified monitoring efforts and commitment to curbing unfair business competition in the tobacco industry.
Thu, 11 Jun 2026, 17:42 WIB
PTBA Appoints New President Director and President Commissioner, Here's the Latest Management Line-up
State-owned coal miner PT Bukit Asam (PTBA) has reshuffled its board of directors and commissioners following its annual general meeting of shareholders. Bambang Ismawan has been appointed as the new President Director, replacing Arsal Ismail, while Ida Bagus Putu Dunia steps in as the new President Commissioner. The meeting also confirmed new directors for human resources and commercial operations.
Thu, 11 Jun 2026, 17:42 WIB
Dasco Has No Issue with BCA Share Purchases as Long as They Follow Market Mechanisms
House Deputy Speaker Sufmi Dasco Ahmad has stated he sees no problem with buying shares in PT Bank Central Asia Tbk, describing the current lower prices as an opportune moment. He emphasised that any purchase is acceptable provided it adheres to market mechanisms, citing BCA's position as a strategic national private company. The statement came as the Jakarta Composite Index opened in negative territory, while BBCA shares recorded the most positive gain among major banks.
Thu, 11 Jun 2026, 17:42 WIB
Pekanbaru Government Ensures Stable Food Prices
The Pekanbaru City Government has confirmed that prices for strategic food commodities remain relatively stable, with some even declining compared to the previous week. Monitoring by the Food Security Service found no shortages, though garlic prices have risen sharply, likely due to the rupiah exchange rate affecting imports. Authorities urged the public to avoid panic buying and warned against price manipulation.
Thu, 11 Jun 2026, 17:42 WIB
Amnesty International Accuses Israel of Ethnic Cleansing in the West Bank
Amnesty International has accused Israel of conducting a state-led campaign of ethnic cleansing against Bedouin and Palestinian herding communities in the West Bank. A new report details the forced displacement of at least 27 communities since 2023, accelerating de facto annexation of Area C. Israel has rejected the findings, calling the human rights organisation a fringe political group.
Thu, 11 Jun 2026, 17:41 WIB
Hutama Karya Records 10 Million Safe Man-Hours on Jakarta MRT Project
State-owned construction firm Hutama Karya and its Japanese partner have achieved 10 million safe man-hours without a lost-time injury on the Jakarta MRT Phase 2 underground project. The milestone underscores rigorous safety standards on the nationally strategic infrastructure scheme. The progress supports enhanced mass transport connectivity in the capital ahead of its 500th anniversary celebrations in 2027.
Thu, 11 Jun 2026, 17:41 WIB
Logistics Transport Using Subsidised Fuel to Curb Pertamax Domino Effect, Says Energy Ministry
Indonesia's Energy Ministry stated that logistics and public transport still utilise subsidised fuel to minimise the cascading impact of the recent non-subsidised Pertamax price hike. Officials argued the domino effect can be contained if businesses do not exploit the situation. Business groups are urging the government to implement mitigation measures such as logistics efficiency and incentives for affected sectors.