Indonesia Announces State-Owned Entity for Palm Oil, Coal, Nickel Exports

GateNews
According to Indonesia's sovereign wealth fund Danantara, President Prabowo announced this week a plan requiring palm oil, coal, and nickel exports to be managed through a state-owned entity controlled by Danantara. Pandu Sjahrir, Danantara's chief investment officer, stated the fund will "listen to market voices" as it establishes the new commodities export institution. The announcement surprised traders, producers, and senior government officials alike.
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