NEWS ANALYSIS
NEWS Minister of Trade Releases Regulation on HET for Bulk Cooking Oil of Rp. 14,000 Wednesday, March 16 (headline) Jakarta, CNN Indonesia (BYLINE) -- The Minister of Trade Muhammad Lutfi will issue a regulation to increase the highest retail price (HET) of bulk cooking oil to Rp. 14,000 per liter, effective Wednesday, March 16, 2022. (LEAD) This was conveyed in the Distribution Policy and Cooking Oil Price Evaluation meeting at the Presidential Palace on Tuesday (15/2). Besides Lutfi, the meeting was also attended by President Joko Widodo, Coordinating Minister for the Economy Airlangga Hartarto, Minister of Industry Agus Gumiwang Kartasasmita, and National Police Chief Listyo Sigit Prabowo. "The Minister of Trade will issue a Regulation of the Minister of Trade regarding the Highest Retail Price (HET) which will take effect on March 16, 2022," wrote a copy of the meeting results received by CNNIndonesia.com. After attending the meeting, Airlangga revealed that the gove...