Indonesia Redefines Danantara as Export Body
Indonesia will redefine state-owned Danantara Sumberdaya as an export monitoring body instead of the sole exporter. The government will revise regulations for strategic commodities like palm oil and coal ahead of a January portal launch.
Indonesia will redefine state-owned Danantara Sumberdaya Indonesia as an export monitoring body rather than its sole exporter under revised rules taking effect by mid-November. The policy shift eases earlier market concerns over centralized state control of key natural resource shipments. President Prabowo Subianto's administration aims to curb under-invoicing and transfer pricing while maintaining trade flows.
