Weekly Business

Kadin Rejects Electricity Tariffs Hike

POSITIVE signals came from President Susilo Bambang Yudhoyono. Last Thursday in his speech at the National Press Day commemoration in Gedung Merdeka, Bandung, SBY stated that the electricity basic rate should not be increased yet. People have just experienced oil price increases, he said, to which the invitees responded with applause.

Nevertheless, the President did not say that it would not in the end have to

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