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Police foil attempt to hoard 5.2 tonnes of subsidized fuel Sukabumi police foiled an attempt to hoard 5.2 tons of subsidized fuel oil in Purabaya Subdistrict, Sukabumi District, following the government`s plan to increase fuel prices.

Posted in Crime @ 17 June 2013 19:20 CET by Blog Bot · permalink · 0 reactions


Vice president: 'Govt to act against fuel oil hoarders' Vice President Boediono has said the government will act against those hoarding fuel, as it has done in other regions. "The government will surely enforce the law to safeguard the use of fuel oils based upon their initial purposes," the vice president said here on Tuesday.

Posted in Economy @ 20 March 2012 09:50 CET by Blog Bot · permalink · 0 reactions


Need for fuel does not decline with higher prices For most Indonesians it came as unexpected as ever. With a shortage of foreign news, strictly regulated by the Indonesian government, it was not in the line of expectations of the average man in the street that fuel prices might just be hiked with one third all of a sudden. However almost the entire population of this planet knows what the current market price of a barrel of crude oil is - somewhere about 130 US dollar - Indonesia assumed that everything was fine. Use of fuel would decrease, prices would come down and nationwide production was to rise as well.

Posted in General @ 31 May 2008 00:00 CET by Jeroen · permalink · 5 reactions


Long rows at gas stations ahead of expected price hike Queues are emerging ahead of the announcement from the government to increase fuel prices. In many parts of the country people are looking for a way to buy the now still cheap fuels in larger quantities than normal. In cities like Palangkaraya, Banjarmasin (Kalimantan), Jambi and across the island of Java people are queuing up. Some gas stations have even limited the amount sold to one customer.

Posted in General @ 11 May 2008 07:09 CET by Jeroen · permalink · 0 reactions


Indonesia likely to cut rice imports The Indonesian government has said that it is unlikely to import rice from other countries this year because of a sufficient stock after nationwide harvests. This reduces the pressure on the tight global supplies in times of record-breaking rice prices. Prices of Thai rice - a benchmark for the market - have doubled since the start of this year mainly because of rising demand from China and African nations. Vietnam and India have already decided to curb exports to protect their own markets.

Posted in General @ 15 April 2008 12:50 CET by Jeroen · permalink · 0 reactions


SBY warns against fueling violence While protests are mounting ahead of the government's announcement of the new fuel prices, President Susilo Bambang Yudhoyono warned the public against turning violent. "Go ahead if you want to express yourselves by protesting, but don't burn or destroy things. (Peaceful expression) is what democracy is all about," Susilo said during a meeting with university rectors at the State Palace on Wednesday.

Posted in Protests @ 29 September 2005 08:20 CET by Jeroen · permalink · 3 reactions


Fuel scarcity worsens before price hikes Gasoline and diesel shortages worsened across Indonesia as the government's scheduled price increase on Oct. 1 draws near, Jakarta Post reported on Tuesday. Filling stations were packed with long lines of vehicles, while police officers desperately tried to track down on and nab people thought to be hoarding fuel until the price goes up, according to the Jakarta Post.

Posted in General @ 27 September 2005 10:49 CET by Jeroen · permalink · 3 reactions


Subsidy cut to fuel the fire In the wake of a two-month "mini crisis" that saw the rupiah hit a four-year low of 11,750 per dollar on August 30, Jakarta has finally announced an imminent and substantial reduction in fuel subsidies. The exact date and the level of cuts have yet to be announced, though there is widespread speculation over both. Vice President Jusuf Kalla has said fuel prices may rise as early as October 1 while National Development Planning Minister Sri Mulyani Indrawati has said an increase in November would be too late to help reduce subsidies to the level of Rp89.2 trillion. She said fuel prices might increase by at least 50% in October.

Posted in General @ 27 September 2005 00:00 CET by Jeroen · permalink · 0 reactions


Police arrest 13 Pertamina staff Officials of state-owned oil firm Pertamina (PTM.YY) are among 15 suspects arrested for allegedly hoarding 250,000 metric tons of kerosene and diesel fuel, the Jakarta Post reports.

Posted in General @ 21 September 2005 10:13 CET by Jeroen · permalink · 0 reactions


Black markets thrive as fuel crisis worsens The price of premium gasoline soared by up to 500 percent in some provinces on Wednesday as the country's fuel shortage bit deeper, with the National Police stationing officers at gas stations around the country to prevent outbreaks of violence among frustrated customers.

Posted in General @ 07 July 2005 08:25 CET by Jeroen · permalink · 1 reaction


Jakartans start to feel the bite of fuel shortage Antonius was irate when he saw a sign posted at a gasoline station here, telling the public that there was no more gasoline. He quickly drove his Daihatsu Taruna to another gasoline station in West Jakarta, and to his relief, they still had fuel there. "But, due to the long line of vehicles, I still had to queue for nearly half an hour to get the fuel," he told The Jakarta Post.

Posted in Economy @ 05 July 2005 07:27 CET by Jeroen · permalink · 1 reaction


Indonesia coffee supply tight despite higher price Supply disruption caused by a series of natural calamities in recent months and labor shortages that followed have driven Indonesian coffee prices significantly higher, but production hasn't kept pace with rising demand. The situation has been made worse by farmers hoarding coffee in the hope that prices would rise further, market participants said.

Posted in Economy @ 12 May 2005 00:02 CET by Jeroen · permalink · 0 reactions


Indonesia rushes reinforcements to Ambon Police reinforcements are being rushed to an area where 12 people have been killed in communal fighting on the island of Ambon in eastern Indonesia. The fighting between Christians and Muslims in Ambon City is the most significant threat to a peace accord that has held for more than two years and was reached after earlier fighting killed 5,000 people in the Maluku province.

Posted in Maluku conflict @ 26 April 2004 00:01 CET by Jeroen · permalink · 0 reactions


City set for violent protests over fuel hike City authorities say they are fully prepared for violent protests, strikes and shortages when fuel prices are raised on Sunday. The authorities said on Thursday 200 buses were on standby should bus drivers in the capital go on strike to protest the 12 percent fuel price hike.

Posted in General @ 29 September 2000 16:47 CET by Jeroen · permalink · 0 reactions
    
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