Indonesia’s commodity export U-turn: no monopoly, just all the data

1 source1 article First seen 13 hours ago Updated 13 hours ago Indonesia Truth score 41

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Summary

Indonesia has abandoned plans to make a powerful new state-owned enterprise the “sole exporter” of its palm oil, coal and ferroalloys, in a move that has reassured some businesses, even as questions over oversight and pricing remain. President Prabowo Subianto’s original proposal to tighten the government’s control over the three major commodities, put forward in May, had prompted speculation that state-linked companies could gain an unfair advantage through access to commercially sensitive data...

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South China Morning Post Leans right Factuality: High HK 13 hours ago
Indonesia’s commodity export U-turn: no monopoly, just all the data
Indonesia has abandoned plans to make a powerful new state-owned enterprise the “sole exporter” of its palm oil, coal and ferroalloys, in a move that has reassured some businesses, even as questions over oversight and pricing remain. President Prabowo Subianto’s original...