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.

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…

Prabowo said the government is seeking to curb illegal mining, plantations, and fraud to address an estimated US$150 billion in annual export losses.

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.

it remains to be seen whether President Prabowo’s ambitious "single window" export policy will turn Indonesia into a global price maker, or will tight state centralization trigger…

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…

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.

Hervorming economie: De Indonesische regering trekt de export van kostbare grondstoffen naar zich toe. Formeel met als doel om corruptie te bestrijden, maar er zijn ook zorgen…

Nuove regole: il fondo sovrano statale Danantara al centro delle vendite estere di olio di palma, carbone e nickel. Obiettivo dichiarato: frenare sottofatturaz…

JAKARTA, Indonesia (AP) — Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to a hostile takeover of major industries in the

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