#OIL PRICES

The Indonesian government has extended the distribution of subsidized rice under its food supply and price stabilization (SPHP) program until January 31, 2026, the National Food Agency (Bapanas) ...

Indonesia’s Ministry of Cooperatives is pressing village-based cooperatives to prioritize locally made goods, a policy aimed at strengthening domestic supply chains and reducing reliance on ...

Trade Minister Budi Santoso has encouraged the use of Village and Urban Co-operatives Merah Putih (Kopdes) as a key distribution channel for staple goods. He said the presence of Kopdes can help ...

President Prabowo Subianto said every villager in Indonesia will automatically become a member of the Red and White Village Cooperative, now established in 80,000 villages across the country. In ...

The Indonesian government pursues its best efforts to secure rice and food stock to ensure that people's needs are met, Agriculture Minister Andi Amran Sulaiman stressed. "I say, no more ...

The trade tariff agreement between the United States and Indonesia is expected to improve the performance of some domestic sectors, Finance Minister Sri Mulyani Indrawati said here on Monday.Speaking ...

The government plans to offer 75 oil and gas blocks to contractors, with most located in the Papua and Sulawesi regions, an official announced on Tuesday.Deputy Minister of Energy and Mineral ...

Deputy Minister of Energy and Mineral Resources, Yuliot Tanjung, has said that the 50 percent biodiesel mix or B50 program can help prevent a decline in the prices of crude palm oil (CPO).“This ...

Indonesia must prepare for the ripple effects of the ongoing conflict between Iran and Israel, a researcher warned.“While the impact may not be immediate, the conflict could spark global ...

Finance Minister Sri Mulyani Indrawati held a discussion with Saudi Arabian Finance Minister Muhammad Al Jadaan and Qatari Finance Minister Ali Al-Kuwari regarding the impact of the Iran-Israel ...