Indonesian official suggests 10 measures to control inflation

Indonesia’s Home Affairs Minister Tito Karnavian has listed 10 measures that can be applied by regional administrations to control inflation.
Indonesian official suggests 10 measures to control inflation ảnh 1Indonesia's Home Affairs Minister Tito Karnavian (Photo: Antara/VNA)

Jakarta (VNA)  - Indonesia’s Home Affairs Minister Tito Karnavian has listed 10 measures that can be applied by regional administrations to control inflation.

According to Karnavian, controlling inflation should be a top priority.

“I understand that fellow regional leaders all have a lot of problems in their respective regions, but the issue of inflation is just like overcoming a pandemic, make it the number one issue," he was quoted by Antara news agency as saying at a regional inflation control coordination meeting on October 24.
 
He underlined the importance of public communication, elaborating that regional governments must not make mistakes in delivering messages or information as it could stir panic among people.

It was necessary for regional governments to activate regional inflation control teams at the provincial, district, and city levels, the minister said, adding that the teams must improve collaboration, show consistency in performing their functions and duties, and conduct coordination meetings on a regular basis.

Regional administrations must mobilise food task forces, whose duty is to report on food prices and commodity availability. The results of the reports will be checked by the Home Affairs Ministry, in terms of prices and availability, especially if there are any distribution problems.

The disbursement of fuel oil subsidies must be monitored to make sure that they are allocated effectively.

He also highlighted the need to urge people to use electricity according to their needs.

The initiative to plant fast-harvesting crops should be encouraged as an effort to meet household food availability, the minister said.

It is essential for regional governments to cooperate with other regions, including for meeting the demand for all strategic commodities, wherein regions with shortages can obtain commodities from regions with surplus stocks.

He said local governments should improve social safety nets such as unexpected expenditures, social assistance, village budgets, relocation of general allocation funds, and central social assistance.

Statistics Indonesia and Bank Indonesia should regularly publish the inflation figures of districts and cities so that people can support local authorities in carrying out policies effectively, Karnavian said./.

VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.