{
    "success": true,
    "data": {
        "id": 1772027,
        "msgid": "industry-stakeholders-urge-dsi-export-subsidiary-regulations-to-be-drafted-1780051835",
        "date": "2026-05-29 14:20:48",
        "title": " Industry stakeholders urge DSi export subsidiary regulations to be drafted",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": " Trade",
        "summary": " Industry stakeholders have welcomed the government's DSi initiative as a step towards economic and agricultural improvement, but emphasise the need for detailed subsidiary regulations to ensure legal certainty and operational transparency. Experts cited successful examples from countries like Ghana and Qatar, while noting DSi could recover up to $44 billion in foreign reserves and strengthen the rupiah by curbing under invoicing and transfer pricing practices. A six-month hybrid transition period is being implemented to align with business feedback before full enforcement.",
        "content": "<p>Jakarta (ANTARA) - Industry stakeholders have assessed the\ngovernment\u2019s efforts to overhaul export trade via PT Danantara Sumber\nDaya Indonesia (DSi) as a positive step for strengthening the national\neconomy and farmers\u2019 conditions. Rezki Sri Wibowo, Chairman of Arghajata\nConsulting, said the single window integration system would function\noptimally only if the government promptly releases detailed subsidiary\nregulations and provides legal certainty for existing business\ncontracts. He emphasised that regulatory clarity is crucial to\nmaintaining a stable logistics ecosystem and international forwarding\npartnerships within commodity supply chains. \u2018I see DSi as part of the\ngovernment\u2019s effort to improve economic conditions and farmers\u2019\nwelfare,\u2019 he stated in Jakarta on Friday. Wibowo recommended the\ngovernment develop oversight instruments that involve active public\nparticipation, aligning with natural resource sovereignty principles, to\nenhance institutional accountability. \u2018This means incorporating public\ninvolvement in oversight to guarantee the rights of communities as\nprimary beneficiaries,\u2019 he added. Toto Pranoto, a state-owned enterprise\nobserver at the University of Indonesia, noted that consolidating\ncommodity exports through a single window has been practised by other\ncountries. He cited Ghana\u2019s successful establishment of a specialised\ncocoa export agency to strengthen global market competitiveness. \u2018A\nstrengthened bargaining position can optimally benefit all stakeholders\nif the managing institution prioritises leadership integrity and regular\naudits,\u2019 he said. \u2018The key issue is implementing robust operational\nmechanisms to ensure maximum benefits for the nation and other\nstakeholders,\u2019 he added. Pran warnings that consistent transparency in\ninformation would minimise export document manipulation. \u2018Compliance can\nbe directly implemented through accountable standard operating\nprocedures,\u2019 he said regarding transparency. Fithra Faisal, a Principal\nExpert at the Indonesian Communication Bureau, stated the government is\ncommitted to creating transparent, accountable, and traceable upstream\nto downstream commodity governance to provide businesses with certainty\nthrough improved trade administrative management. \u2018This strategic move\nis a long-term solution to consolidate export data and recover national\nassets lost to under invoicing and transfer pricing,\u2019 he said. \u2018With\nmore systematic record-keeping, we can potentially add 0.8 percentage\npoints to economic growth,\u2019 Fithra added. He noted the government has\nbeen implementing consolidatory measures over the past six months to\nensure DSi operates professionally. \u2018We\u2019ve adopted a consolidated export\nagency mechanism, which has precedents in countries like Qatar, Saudi\nArabia, Malaysia, and India,\u2019 he explained. Fithra projected DSi\u2019s\nreforms could redirect 10-20% of under invoicing funds back into the\ncountry, increasing foreign reserves by $44 billion and strengthening\nthe rupiah to Rp16,900 per US dollar. The government has set a six-month\nhybrid transition period before full implementation, in response to\nbusiness community feedback.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/industry-stakeholders-urge-dsi-export-subsidiary-regulations-to-be-drafted-1780051835",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}