Jakarta, April 24 -- Indonesia's National Food Agency (Bapanas) has extended the relaxation of the retail price ceiling (HET) for premium-quality rice until May 31, 2024.

With the relaxation, which was first applied on March 10, the HET of premium-quality rice has risen from Rp13,900 (around US$0.86) per kilogram to Rp14,900 (around US$0.92).

At a press conference at the Presidential Palace in Jakarta on Wednesday, Bapanas Head Arief Prasetyo Adi noted that President Joko Widodo (Jokowi) has approved the extension of the HET relaxation.

"There was price flexibility from March 10 until April 23. Today, we extended it until May 31 this year," he informed.

The extension is the second HET relaxation so far. The relaxation was initially pl...