Fuel price hike looms in Indonesia

25% of poorest families to get compensation.

According to DBS, the government announced late last night that fuel price hikes have been approved. In order to reduce the impact on the less well to do, the poorest 25% of families will receive some form of compensation.

Here's more:

Stress has been building on the budget position overthe past year amid slow revenue growth and increasing motorization which led to burgeoning subsidies. Without the hike in fuel price,the overall budget deficit for this year would come close to the legal limit of 3% of GDP.

The upcoming week will be critical asthe authorities execute the increase in fuel prices.

Notably, street protests in early 2012 had forced the government to backtrack on similar reforms. We reiterate that headline inflation would spike close to 8% and GDP growth forthe year would be shaved by around 0.3 percentage ptsiffuel prices were raised starting in July.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia