Jakarta: State Owned Enterprises Minister Rini Soemarno has hinted that state energy giant PT Pertamina is currently considering to decrease jet fuel price.
"It is still being calculated," Rini said here on Wednesday.
Rini explained that the decision will be based on the latest global oil prices. She added that Pertamina will follow all government regulations.
"We are still waiting for the result," Rini said.
The Indonesian Hotel and Restaurants Association (PHRI) earlier claimed that the tourism industry is badly affected by the current airfare hike. The organization advised Pertamina to review jet fuel price.
"The occupancy rate was around 55 percent last year," PHRI chairman Hariyadi Sukamdani told reporters on Monday.
According to the Central Statistics Agency, the country welcomed 1.41 million foreign tourist arrivals in December 2018. It increased by 21.43 percent compared to the previous month.
In the meantime, the room occupancy rate (TPK) of star classification hotels in Indonesia reached an average of 59.75 percent in December 2018. It decreased by 0.44 percentage point compared to the previous month.
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