Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · 2003 Brings Higher Energy and Communications Costs
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

2003 Brings Higher Energy and Communications Costs

Electricity, Telephone and Fuels Price Hikes Mark the Start of New Year.


Bali News:
Click Image to Enlarge

(1/6/2003)

Any lingering celebratory spirit marking the start of the New Year may have been extinguished, in part, by price hikes introduced by the Government for electrical power, telecommunications and fuel prices.

Fuel Prices

On midnight of the first day of the new year substantial fuel price hikes were introduced at the State oil company - Pertamina's gas pumps. Claiming higher world-wide crude oil prices blamed on continuing civil strife in Venezuela and the lingering threat of war in the Middle East together with the removal of government subsidy programs, a liter of premium now costs Rp. 1,810 (approximately US$ 0.21); diesel fuel Rp. 1,890; and kerosene for industry Rp. 1,970.

The old price for premium fuel stood at Rp. 1,750, with the new price representing an increase of 3.4%. The largest increase in fuels costs will be felt for diesel up 22-23%; and kerosene for industry up 29%.

Electrical Rates

Base electrical rates are also expected to increase in 2003 at an average 24%, causing the manufacturing sector to express their concerns over the long term competitive viability of producing goods in Indonesia. Electrical costs will also prove especially burdensome on Bali hotels expecting very low occupancy rates over the first quarter of the year in an industry still trying to shake off the lingering effects of last October's bomb attack.

As a palliative, the Government has promised to introduce the 24% increase in a phased manner, promising a hike of only 6% in the first quarter of the year.

Higher Local Phone Costs As Well

A chat with your neighbor on the phone will also cost substantially more in Indonesia in 2003. Local calls now cost 31% more while long distance charges will, in fact, be reduced 3.9%.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
What’s New in Ubud?
Renewed Alaya Resort Ubud and Manisan Restaurant Now Open for Business
(9/25/2016)
Return to Sender
Singaporean Arrested Trying to Smuggle Drugs Through Bali’s Postal System
(9/25/2016)
Why the Chicken Crossed the Ring
Chicken in Cock Flight Sends Balinese Owner to Intensive Care with a Cut Artery
(9/25/2016)
Bali Beach Head in the Fight Against Polluted Oceans
2,500 Volunteers Join Coastal Clean Up of Bali Beached Organized by Bali Hotel Association
(9/25/2016)
A Lack of Chinese Characters
Bali Legislator Wants Punishment Imposed on Chinese Scuba Divers Who Deface Coral Reefs
(9/25/2016)
Bali’s Struggles with LGBT Travel Continues
Some Elements in Bali Take Strong Umbrage at Reports of Gay Pre-Wedding Photos Taken in Bali
(9/27/2016)
More Capacity Between Bali & Lombok?
Garuda Eyes Adding Seat Capacity Between Bali and Lombok
(9/25/2016)
Bali Beach Body Contact
Sheraton Bali Kuta Resorts Hosts Bali Beach Body Combat on Sunday, November 6, 2016, to Help UNICEF
(9/25/2016)
Bali and Beyond to Maumere
Garuda Indonesia Flies Four Times a Week Bali to Maumere, Flores
(9/25/2016)
In a Spanish Mood
Spanish-based Indonesian Pianist Ananda Sukarlan to Speak and Debut New Compositions at Ubud Writers and Readers Festival
(9/25/2016)
Feeling Ill? Call the ‘Boogie Man’
Bali Airport Provides Mini-Ambulance to Reduce Response Time in Case of a Medical Emergency
(9/25/2016)
Feeling for a Motherless Child
Moved by News Reports of a Motherless Child, Bali Governor Reaches Out to Help the Baby and its Single-Father
(9/25/2016)
All [News]!