President Prabowo Subianto says key commodities must be sold through a state-designated exporter as Jakarta seeks more revenue and pricing power
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President Prabowo delivers an economic speech during a plenary session at the parliament building in Jakarta, Indonesia, on May 20, 2026. Photo: VCG
A state agency will handle exports of palm oil, coal and ferroalloys to stem revenue loss and under-invoicing, the president says.
Indonesia is tightening control over its globally important natural resources, with new regulations requiring exports of key…
By Amanda Lee and Fabiana Negrin Ochoa
Industry frets as government targets palm oil, coal and key minerals
Industry frets and stocks fall as government targets palm oil, coal and key minerals
Indonesia President Prabowo Subianto announced state-owned enterprises will become sole exporters of coal, palm oil, and…
Indonesia to Tighten Commodity Export Curbs Amid Economic Headwinds
