Indonesia's Audacious Commodities Shakeup Puts Traders On Edge Indonesia has announced a surprise overhaul of its commodities sector, leaving traders scrambling to adjust.
The move, which affects industries such as palm oil, coal, and nickel, aims to address widespread criticism of corruption, environmental degradation, and exploitation.
President Joko Widodo's decision to centralize control over key sectors appears to be a power play, consolidating authority in Jakarta.