The government is establishing a new state-owned enterprise as the sole exporter of strategic commodities. It could erode the trade surplus.

The new initiative will tighten state control over key commodities such as coal and palm oil.

The government is establishing a new state-owned enterprise as the sole exporter of strategic commodities. It could erode the trade surplus.

The country has announced that key commodities will soon be exported only through a state-run agency

President Prabowo abruptly changed the rules governing strategic commodity exports, channeling them through a single state-owned enterprise.