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Business Update: Ahok Confident Although Pertamina Sells Loss, Borobudur HTM is IDR 750 thousand

TEMPO.CO, Jakarta – The latest economic and business news until Saturday evening, June 4, 2022, starting with the belief of Basuki Tjahaja Purnama alias Ahok Pertamina’s cash flow will improve until the end of 2022.

Next, there is news about Luhut who plans to increase the price of entrance tickets to the Borobudur Temple area and TP Rachmat’s story about the importance of plenary education. Then there was news about Minister Risma’s answer to the findings of social assistance by the BPK and the comparison of sponsors of Formula E and the Mandalika MotoGP.

The five news stories were observed to be the most accessed by readers of the Tempo.co Economy and Business channel. The following is a summary of the five trending news.

1. Pertamina Sells Loss of Pertamax and Dexlite, Ahok: Still Must Be Optimistic

President Commissioner of PT Pertamina (Persero) Basuki Tjahaja Purnama alias Ahok remains confident the company’s cash flow will improve until the end of 2022. He is optimistic that the state oil company can make a profit even though the selling price of some of its products is now below the economic price.

“You must always be optimistic,” said Ahok when contacted via short message, Friday, June 3, 2022.

Ahok explained that Pertamina is now selling Pertamax’s loss to close the gap between the price of crude oil and the selling price to consumers. The difference is around Rp. 2,165 per liter.

Read more about Pertamina here.

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