Tag: foreign exchange policy Indonesia
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Indonesia Announces 100% Export Earnings Retention: Economic Game-Changer or Business Constraint?
As Indonesia tightens control over export earnings, President Prabowo Subianto’s administration is making a decisive bet on economic resilience. A sweeping new regulation mandates that exporters in key natural resource sectors keep 100% of their foreign exchange earnings within ...
File image of an artisanal miner carrying raw ore at Tilwizembe, a former industrial copper-cobalt mine, outside of Kolwezi, the capital city of Lualaba Province in the south of the Democratic Republic of the Congo. REUTERS/Kenny Katombe/File Photo
By Maxwell Akalaare Adombila and Ange Kasongo The U.S. has made progress in its push to prise Congo's strategic minerals from China's orbit, but conflict, contested licences and compliance demands are still slowing Washington's advance into a region its rival dominates, diplomats and ...
Indonesia Announces 100% Export Earnings Retention: Economic Game-Changer or Business Constraint?
As Indonesia tightens control over export earnings, President Prabowo Subianto’s administration is making a decisive bet on economic resilience. A sweeping new regulation mandates that exporters in key natural resource sectors keep 100% of their foreign exchange earnings within ...