Speaking before the House of Representatives’ plenary on Wednesday, President Prabowo Subianto announced that exports of certain commodities will eventually be conducted through a single SOE.

Speaking before the House of Representatives’ plenary on Wednesday, Prabowo said the policy was aimed at curbing under invoicing and transfer pricing, in which exporters…

The scheme is set to begin on June 1, with the designated SOE exporters taking charge of the clearance process, while local exporters will still handle pre-clearance and…

Industry frets as government targets palm oil, coal and key minerals

President Prabowo Subianto mandates a single-gate export system for natural resource commodities through state-owned enterprises.

By Amanda Lee and Fabiana Negrin Ochoa

Indonesia is tightening control over its globally important natural resources, with new regulations requiring exports of key commodities like palm oil, coal and iron alloys to be…

Industry frets and stocks fall as government targets palm oil, coal and key minerals

The full force of the new policy will come into effect after a transition period that has been set at three months but can be extended to the end of the year.

A state agency will handle exports of palm oil, coal and ferroalloys to stem revenue loss and under-invoicing, the president says.

Indonesia President Prabowo Subianto announced state-owned enterprises will become sole exporters of coal, palm oil, and ferroalloys, sending nickel prices higher.

President Prabowo Subianto says key commodities must be sold through a state-designated exporter as Jakarta seeks more revenue and pricing power

The move is likely to unsettle international investors already concerned about the uncertain trajectory of economic policymaking under Prabowo.

Speaking before the House of Representatives’ plenary on Wednesday, President Prabowo Subianto announced that exports of certain commodities will eventually be conducted through a…

The government formed PT DSI to oversee transactions involving the export of strategic natural resources.

Indonesia's President Prabowo Subianto will route coal and palm oil exports through state-owned firms by September 2026 to curb underinvoicing and boost tax revenue.

The new initiative will tighten state control over key commodities such as coal and palm oil.