President Prabowo Subianto, in his State of the Nation Address, emphasized the government’s commitment to protect the public from those who exploit essential goods for excessive profits. He stated that all businesses, regardless of size or influence, are subject to the law. Prabowo announced stricter regulations requiring large-scale rice mills to obtain special permits to ensure the availability of rice at affordable prices. He warned that any entity hoarding essential goods during shortages could face imprisonment or hefty fines. The President emphasized the importance of state control over industries crucial to people’s livelihood, in line with the nation’s founding principles. Prabowo made it clear that his administration would not tolerate profiteering at the expense of the Indonesian people and vowed to take decisive action against those who prioritize greed over the public good.
