Indonesian Ministry of Agriculture Suggest to Consume Frozen Chicken

Ministry of Agriculture held a meeting with the chicken and egg businesses related to the surge in commodity prices in the two markets.

"The reason they raise prices to cover the losses, when they finally traced the actual claim they are still thin profit.'s Why there must be a code of ethics in pricing. They then vowed to maintain price stability," said Minister of Agriculture, Suswono in the Ministry of Agriculture, Jakarta, Tuesday (07/16/2013).

Indonesian Government Can not Control Beef Prices

Deputy Minister of Agriculture Rusman Heryawan said the government can not control the rising price of beef. The cause, because the government did not have sufficient stock. "The issue of this meat, the government does not have the stock," said Rusman in his office, Tuesday, July 16, 2013. 

Beef In this issue, he said, so the government did not control the stock market can not perform surgery. "While the market operation can only be done if there is no stock," he said. 

Beef Prices Only Slightly Down, Indonesia's Government Want Import More

The government indicated it would resume imports of beef.Minister for the Economy Hatta Rajasa said the government is not enough to lower the price of 3,000 tons of beef beef is that the government will beef imports again to stabilize prices, especially ahead of the holiday.

Until the third week of July 2013, the price of beef in eight provinces in the Indonesian capital has decreased, although not significantly. On average, the price remained at Rp 90,000-Rp 95,000 per kg.

In Jakarta, beef prices fell slightly from Rp 98,000 to Rp 96,000 per kg, in London fell from Rp 106,000 to Rp 103,000 per kg, Semarang down from Rp 81,000 to Rp 80,000 per kg, Yogyakarta edged up to Rp 97,600 per kg, and Denpasar stable at Rp 75,000 per kg.

Indonesian Manufacturing Index Reaches Lowest Point

Weakened national manufacturing performance. It was indicated from Indonesia's manufacturing index fell to its lowest level in four months in June.

This data suggests Indonesia's manufacturing industry participated hampered weakening global demand.

Halim Alamsyah Sell Cheap Cooking Oil

For the banking industry, who is not familiar with Halim Alam?Yes, he was a prominent banker who currently serves as Deputy Governor of Bank Indonesia. 

But at the end of this week, the man who always struggled with monetary policy actually selling cooking oil at cheap bazaar in Integrated Campus Indonesian Islamic University (UII) in the Ground, Yogyakarta, Saturday (29/06/2013). Yeah, Halim is a graduate of the Faculty of Economics UII banker. 

Fuel Up, Supply Distracted Coffee Production

Rising prices of fuel oil (BBM) last week which was originally subsidized Rp 4,500 to Rp 6,500 turned out to disturb Indonesia's coffee industry. According to the Brand Manager of PT Nestle Indonesia Nescafe, Michael Suwito, the problems have an impact on the supply of production. 

"Wheel of sustainability, particularly the upstream sector, a little disturbed," said Michael told Tempo in the launch campaign The Nescafe Plan in Lampung, Thursday, June 27, 2013. 

Rabobank Indonesia Clear Sale

Dutch bank, Rabobank, canceled plans to sell one of its business units, namely Rabobank Indonesia. The company said its market share in Indonesia is quite good. 

"We did a strategic review. Sales [branches in Indonesia] is ​​one option. However, [the plan] is now not an option, "said a spokesman for Rabobank, Roelina Bolding as quoted from the WSJ, Friday (28/06/2013).

sale Rabobank Indonesia When done, Rabobank is expected to pocket the funds up to 400 million U.S. dollars .