Issue On Top, March 21st

Issue On Top, March 21st

1. Psywar Subsidized Fuel Price Increase

Rejection protests against rising fuel prices subsidized premiumand diesel fuel types are planned by the government of Rp 1,500 per liter from 1 April next concern continues to spread. If the action of the wide spread resentment throughout the country, it could be a coalition of political parties would pull its support for the policy in the House.

 

2. Stockpiling sudden inspection of fuelAction hoarding subsidized fuel types gasoline and diesel are rife in many areas. Speculators take advantage of the time left before thehike in subsidized fuel prices as of April 1 next to save fuel in the hope that when the price of subsidized fuel per 1 April next ride theycan to benefit. Not surprisingly, in some areas there is a shortage of premium or diesel.

3. Australia-Indonesia Economic RelationsMinister for Trade and Competitiveness of Australia Craig Emerson and Minister of Agriculture, Fisheries and Forestry Australia Senator Joe Ludwig today with senior delegation visited Jakarta on a mission to expand trade and investment relationship with Indonesia.

The delegation, which included representatives from the financial industry and agriculture, the plan will meet with Minister of Economic Affairs and other relevant ministers and business leaders of Indonesia for a two-day visit.