{
    "success": true,
    "data": {
        "id": 1878336,
        "msgid": "china-australia-canada-also-exempted-from-new-dhe-rules-not-just-the-us-1784854247",
        "date": "2026-07-24 06:55:27",
        "title": "China, Australia, Canada Also Exempted from New DHE Rules, Not Just the US",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Economy",
        "summary": "The Indonesian government has expanded the list of countries exempted from its new foreign exchange export earnings (DHE) regulations to include China, Australia, and Canada, in addition to the United States. The exemption applies to exporters from countries with bilateral or free trade agreements, allowing them to place a portion of their retained earnings in non-state banks. The broader DHE rules, which took effect on 1 June 2026, still mandate that 100% of natural resource export earnings be repatriated to the domestic financial system.",
        "content": "<p>Coordinating Minister for Economic Affairs Airlangga Hartarto has\nrevealed an expansion of the list of export destination countries\nexempted from the new natural resource export proceeds (DHE SDA)\nrequirements.<\/p>\n<p>\u201cYes, there are quite a few countries with which we have bilateral\narrangements. For example, China, the United States, Australia and\nCanada,\u201d Airlangga said when met at the Ali Wardhana Building in Jakarta\non Thursday (23\/7\/2026).<\/p>\n<p>The latest DHE rules have been in force since 1 June 2026. The\naddition of countries exempted from the new DHE requirements came out of\na limited coordination meeting held at the Coordinating Ministry for\nEconomic Affairs.<\/p>\n<p>Previously, the exemption list applied only to the United States\nunder Government Regulation (PP) Number 21 of 2026.<\/p>\n<p>Under the new rules, 100% of DHE SDA must be placed with state-owned\nbank associations (Himbara), with a mandatory retention of 30% of DHE\nfor three months for the oil and gas sector, and 100% for 12 months for\nnon-oil and gas sectors, in special accounts.<\/p>\n<p>However, the government has granted flexibility in the placement of\nnatural resource export proceeds for exporters from countries that are\nIndonesia\u2019s trade partners under bilateral agreements or free trade\nagreements (FTA).<\/p>\n<p>This means that mining sector exporters from countries that have an\nFTA with Indonesia are permitted to place part of their DHE retention\noutside Himbara. Under this rule, exporters from partner countries may\nplace retention of 30% with a minimum period of three months at\nnon-Himbara banks.<\/p>\n<p>\u201cThe banks can be Himbara or non-Himbara,\u201d Airlangga said.<\/p>\n<p>Nevertheless, the government has emphasised that the obligation to\nfully repatriate DHE SDA into the domestic financial system remains in\nplace. All natural resource exporters are required to bring 100% of\ntheir DHE into Indonesia in accordance with the new provisions.<\/p>\n<p>Non-oil and gas exporters must place 100% of their DHE retention in\nspecial accounts domestically for a minimum of 12 months. Meanwhile, oil\nand gas sector exporters must place a minimum retention of 30% with a\ntenor of at least three months.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/china-australia-canada-also-exempted-from-new-dhe-rules-not-just-the-us-1784854247",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}