Despite its good intentions to curb under-invoicing, the export centralization plan is seen as being rolled out prematurely.

Indonesia is scaling back a controversial proposal to centralize the export of its strategic commodities, after buyers and exporters raised concerns, The Straits Times has learned.

JAKARTA, June 11 : The unit of sovereign wealth fund Danantara Indonesia set up as designated exporter for Indonesia's strategic commodities will oversee deals to prevent…