Jakarta, May 20 -- Indonesian President Prabowo Subianto on May 20 announced new controls on the export of several strategic resources, including crude palm oil, coal, and iron-containing alloys, in a bid to boost state revenues and curb foreign exchange losses amid economic pressures stemming from conflict in the Middle East and global financial volatility. As reported by Xinhua News Agency, the new regulation requiring exports of the strategic natural resources commodities to be conducted through state-owned enterprises appointed by the government, as part of efforts to strengthen state control over export revenues and improve governance in the sector. It is expected to take effect on June 1 this year. Prabowo said the regulation was in...