{"id":691322,"date":"2026-05-24T21:09:18","date_gmt":"2026-05-24T21:09:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/691322\/"},"modified":"2026-05-24T21:09:18","modified_gmt":"2026-05-24T21:09:18","slug":"indonesia-plans-to-beat-global-trading-giants-at-their-own-game","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/691322\/","title":{"rendered":"Indonesia plans to beat global trading giants at their own game"},"content":{"rendered":"<p>For years, Indonesia\u2019s raw materials have been ferried from remote mines and plantations to global markets by armies of traders who handle negotiations, loans and even cranes and river barges.\u00a0<\/p>\n<p>Now the government is taking over, hoping to save billions of dollars it says are otherwise lost in transit.\u00a0<\/p>\n<p>Under the surprise plan, the country will take control of exports of the country\u2019s major commodities. It\u2019s a sweeping move reminiscent of the country\u2019s authoritarian past \u2014 radical even for President Prabowo Subianto, a former general who has sought to harness the country\u2019s raw materials and centralize economic management since he took power in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"For years, Indonesia\u2019s raw materials have been ferried from remote mines and plantations to global markets by armies&hellip;\n","protected":false},"author":2,"featured_media":691323,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,16749,17679,46,6110,24687,2059,1215],"class_list":["post-691322","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-coal","tag-commodities","tag-economy","tag-indonesia","tag-palm-oil","tag-southeast-asia","tag-trade"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/691322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=691322"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/691322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/691323"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=691322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=691322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=691322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}