Property project (illustratration)

Fuel price increase will impact on property prices

REPUBLIKA.CO.ID, SEMARANG -- A number of property developers expect the increasing property price as an impact of fuel price increase.  According to Chairman of Association of Real Estate Companies (REI) in Semarang MR Priyanto, the fuel price increase and property price will increase simultaneously 10 percent. Yet, the prospect has driven the increasing house sale at REI Exhibition a few...

A technician checks facilities in power plant in Probolinggo, East Java. (illustration)

Govt allows PLN to import LNG to meet its needs

REPUBLIKA.CO.ID, JAKARTA - Government allows state owned electricity company, PT PLN to import liquified natural gas (LNG) to meet its needs. Energy and Mineral Resources Ministry director for upstream oil and gas, Hendra Fadly said that there was no ban for other business companies, including PLN to import LNG. "The import is allowed," Fadly said on Tuesday. Fadly said that import...