Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsTo safeguard economic sovereignty against foreign currency shocks and exploitative tech monopolies, developing nations must pivot from exporting raw materials to mandating "balanced exports" and reclaiming local control over their digital economies.
Creating a functioning mineral exchange requires building the necessary infrastructure, trading systems and market confidence, which analysts say could take longer than the time remaining until the targeted Jan. 1 rollout.
The government's plan to task newly formed DSI with managing strategic commodity exports could spell increased credit risk for producers, though more robust or diversified companies are likely to better weather the policy shift, says a June 12 report from Fitch Ratings.
Coordinating Economy Minister Airlangga Hartarto announced in a press conference on Sunday that a seven-month transition phase will run from June 1 to Dec. 31, while exporting companies will continue to execute their regular shipping activities.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.