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Trade Minister Budi Santoso visits Mataram to stabilize food prices
Indonesian Trade Minister Budi Santoso visited Mataram, West Nusa Tenggara, to launch a low-cost market initiative aimed at ensuring access to affordable basic commodities. The event, held at BaleKITA Field, featured various essential goods sold at or below the maximum retail price and reference prices.
Participating entities included state-owned enterprises such as BULOG and Rajawali Nusantara Indonesia, alongside modern retailers like Indomaret, Alfamart, Hypermart, Lotte Mart, and Ruby Swalayan. Available commodities included SPHP rice, MINYAKITA cooking oil, sugar, chili, and various types of onions.
During the visit, Minister Santoso also addressed students at Muhammadiyah University of Mataram, encouraging them to become young exporters through the Kampus Preneur program. This initiative aims to train students in export processes, from product standardization and packaging to finding international buyers, with recent program transactions totaling 24.5 million USD.
Entities
Budi Santoso · Bulog · Mataram · Ministry of Trade of the Republic of Indonesia · Muhammadiyah University of Mataram