Weathering the Storm

The rise in fuel prices has left a number of industries floundering, but incentive packages are being organized.

October 4, 2005

THE strength of national industries is now truly being tested. The government is no longer providing subsidized fuel for the sector. As a result, the amount of money industries will have to spend on fuel has risen drastically.

Pertamina, the state-run oil company, has increased the fuel price for industry twice this year, in March and just recently in August. The most prominent rise occurred on August 1, when diesel for example soared dramatical

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