Indonesia tightens control on rice prices

Indonesian President Joko Widodo (Jokowi) has required the State Logistics Agency (Bulog) to control rice prices which had increased in 79 regions nationwide.
Indonesia tightens control on rice prices ảnh 1President Joko Widodo (Jokowi) at the 2023 Regional Heads and Regional Leadership Forum National Coordination Meeting in Bogor, West Java on January 17, 2023. (Photo: ANTARA)

Jakarta (VNA) - Indonesian President Joko Widodo (Jokowi) has required theState Logistics Agency (Bulog) to control rice prices which had increased in 79regions nationwide.

Speaking at the 2023 National Coordination Meeting ofRegional Heads and Regional Leadership Forum in Bogor, West Java, on January 17,the President said he has warned Bulog about hike in rice prices which has affectedlives of many people, especially the poor.

Jokowi requested Bulog, relevantministries and agencies, regional heads, and Bank Indonesia (BI) to continue tomonitor the prices of goods and services in the field.

He urged all parties to be careful against the increase in prices of goods andservices, as currently, the world is facing a threat of a rise in inflation.

Apart from rice, the President noted that several commodities also experienced an increasein prices, such as eggs in 89 regions, tomatoes in 82 regions, and broilerchicken meat in 75 regions.

He appealed to district heads, mayors, and governors to visit marketsfrequently to check whether the data fit the situation on the field.

According to the President, currently, inflation, or an increase in the pricesof goods and services, has become a threat to all countries. He noted thatIndonesia's inflation is still under control, at around 5.5%./.

VNA

See more

The RoK's Finance Minister Choi Sang-mok speaks at a trilateral meeting with his Japanese and Chinese counterparts in Georgia. (Photo: Yonhap)

ASEAN+3 to create new financing facility against regional crises

The Republic of Korea (RoK), China and Japan agreed on May 3 to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations (ASEAN), by launching a new financing facility programme meant to extend greater support in case of a financial crisis.

Thailand to apply VAT on imports sent via post

Thailand to apply VAT on imports sent via post

The Customs Department of Thailand is scheduled to commence the collection of value-added tax (VAT) on imported goods sent via postal services, regardless of the goods value, starting in May.
Malaysia asserts pioneering role in halal industry

Malaysia asserts pioneering role in halal industry

Malaysia should harness the collective expertise and resources to drive sustainable growth and development of the halal industry, according to Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
ASEAN Future Forum 2024 enters first session

ASEAN Future Forum 2024 enters first session

The first session of the ASEAN Future Forum 2024 (AFF 2024) in Hanoi on April 23 focused on fast and sustainable growth for the Association of Southeast Asian Nations (ASEAN).
ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN youth empowered to unleash potential: ASEAN chief

ASEAN Secretary-General Kao Kim Hourn reaffirmed ASEAN leaders' commitment to empowering the youth to unleash their full potential when he had a dialogue with ASEAN youth in Hanoi on April 22 on the sidelines of the ASEAN Future Forum (AF 2024).
ASEAN bolsters intellectual property cooperation

ASEAN bolsters intellectual property cooperation

The 72nd meeting of the ASEAN Working Group on Intellectual Property Cooperation (AWGIPC) and related meetings are being held by the Ministry of Science and Technology’s Intellectual Property Office (IPO) of Vietnam in the central city of Da Nang on April 22-26.