Fuel price (illustration)

President Jokowi ensures fuel price to decrease soon

REPUBLIKA.CO.ID, JAKARTA -- President Joko "Jokowi" Widodo ensures that the price of 88-octane Premium fuel dan subsidized diesel fuel will decline soon. The price follows the declining global oil price. "It is a bless from God. Fuel price will decline. The price may become 6,400 to 6,500 IDR per liter. We are still calculating," Jokowi said during Indonesia Outlook...

General Chairman of Indonesian Chamber of Commerce and Industry Suryo Bambang Sulisto (file)

Kadin optimistic about Jokowi's success

REPUBLIKA.CO.ID, JAKARTA -- The Indonesian chamber of commerce and industry (Kadin) expressed optimism with the government of President Joko Widodo (Jokowi) after his bold decision to raise the prices of subsidized oil fuel (BBM). "Kadin optimism is surging for the Jokowi administration after raising yesterday the BBM prices by 2,000 IDR per liter," Kadin general chairman Suryo Bambang Sulisto said...