KONTAN.CO.ID - JAKARTA. Danantara Indonesia's dedicated strategic commodity export unit said on Tuesday that it would start processing export data through a national "integrated governance system" in September, as it prepares to launch the country's controversial new export regime. Set up by the sovereign wealth fund on June 1, PT Danantara Sumberdaya Indonesia (DSI) is part of President Prabowo Subianto's plan to channel exports of key commodities such as coal, palm oil and ferroalloys through a central government-run agency to tackle concerns about under-invoicing and transfer pricing, which the government says have caused significant losses. DSI said in a statement: "The implementation commencing in September 2026 will serve as the soft launch of the integrated export governance system, whereby export data and export administration for strategic commodities will begin to be processed through the national governance mechanism in accordance with applicable regulations."
Danantara Unit Says ‘Soft Launch' of Commodity Export System to Begin in September
KONTAN.CO.ID - JAKARTA. Danantara Indonesia's dedicated strategic commodity export unit said on Tuesday that it would start processing export data through a national "integrated governance system" in September, as it prepares to launch the country's controversial new export regime. Set up by the sovereign wealth fund on June 1, PT Danantara Sumberdaya Indonesia (DSI) is part of President Prabowo Subianto's plan to channel exports of key commodities such as coal, palm oil and ferroalloys through a central government-run agency to tackle concerns about under-invoicing and transfer pricing, which the government says have caused significant losses. DSI said in a statement: "The implementation commencing in September 2026 will serve as the soft launch of the integrated export governance system, whereby export data and export administration for strategic commodities will begin to be processed through the national governance mechanism in accordance with applicable regulations."