Industries complain of power tariff hikes

Burdened by the depreciating value of the rupiah against the U. S. dollar, industries hope that the government does not raise the electricity tariffs anymore this year.

This is because power fares contribute some 30 percent to the production costs borne by industries.

“We hope the government does not raise the basic tariffs of electricity for industries this year because it will increase our production costs,” Chairman of the Indonesian Employers Association (Apindo) for Central Java Frans Kongi said on Tuesday.

The industrial sector bears the burden of the weakening of the rupiah against the U. S. dollar because local industries still depend on imported raw materials.
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Posted April 9, 2015 by repit in Uncategorized

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