ECONOMY

Crackdown on Illegal Mines and Palm Plantations

JAKARTA – In his first State of the Nation address on August 15, President Prabowo Subianto declared a firm assault on unlawful extractive and agribusiness activities. He revealed that 1,063 illegal mining operations, responsible for an estimated Rp 300 trillion … Continue reading Crackdown on Illegal Mines and Palm Plantations

Italy: PM Meloni Reassesses Chinese Investments

ROME – Italy’s government continues to wield its “golden power” authority to curb Chinese influence, particularly in vital strategic assets. Despite pressure from Pirelli leadership to escalate restrictions following Sinochem’s 37 % equity position, Prime Minister Giorgia Meloni’s administration declined … Continue reading Italy: PM Meloni Reassesses Chinese Investments

Chinese Auto Shipments Breeze Through Suez

HONG KONG / CAIRO — Ships loaded with thousands of Chinese-made vehicles are steadily transiting the Suez Canal en route to Europe—while competing automakers in Asia are forced into slower, more costly circuits around the African continent. Analysts suggest this stark … Continue reading Chinese Auto Shipments Breeze Through Suez

Indonesia Turns to China as U.S. Shrimp Tariffs Bite

JAKARTA/GUANGZHOU — Indonesia’s shrimp industry is racing to find new markets after the United States imposed a 19% import tariff on Indonesian shrimp, disrupting a critical export sector that employs over a million workers. The move, part of Washington’s broader trade … Continue reading Indonesia Turns to China as U.S. Shrimp Tariffs Bite