Archive for the 'Economy' Category

It’s Raining Money

Or at least it is going to rain money. How is that possible? Apparently on June 1st 2008 at 8:30AM, one of Indonesia’s well known motivator persona, Tung Desem Waringin, will pour down money worth 100 million Rupiahs from a small Jabiru plane above the east parking area in Senayan Complex, Jakarta.

I’m kind of surprised when I read the news about it on one of the Indonesia’s most well-known Digital News Site Detik dot Com. Although the latest news stated that they haven’t got a permit yet from the Jakarta Metro Police Department. It is said that there is a possibility that the event could be postponed if they don’t get the permit in time. Read the rest of this entry »

The Effects of Gasoline Price Increase

As you can read on my post regarding the increase in Indonesia’s Gasoline Price, it is now been three days since the price of Fuel first declared. Already the newspaper, television and even my co-workers are discussing it every day.

It is not the price of the fuel itself that got talked about the most, but rather the side-effect that happened because of the fuel price increase. That is the basic and even not-so-basic commodities price which also increased due to the fuel price increase.

Even now the cost or the fee for public transportation is increasing rapidly and almost simultaneously Read the rest of this entry »