{
    "success": true,
    "data": {
        "id": 1793519,
        "msgid": "singapore-responds-to-indonesias-one-door-export-1781002223",
        "date": "2026-06-09 16:25:18",
        "title": "Singapore Responds to Indonesia's One-Door Export",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Trade",
        "summary": "Singapore's Deputy Prime Minister Gan Kim Yong has pledged continued collaboration to maintain Indonesia's attractiveness for investment following Jakarta's new single-door export policy for palm oil, coal, and iron alloys. The mechanism, managed by PT Danantara Sumberdaya Indonesia, aims to curb under-invoicing and transfer pricing during a transition period that runs until the end of 2026. Both nations have agreed to strengthen supply chain resilience and have signed six new commercial agreements as part of ongoing bilateral economic talks.",
        "content": "<p>TEMPO.CO, Jakarta - Singaporean Deputy Prime Minister Gan Kim Yong\nhas weighed in on Indonesia\u2019s new policy on the export of three key\nnatural resource commodities through a single door under PT Danantara\nSumberdaya Indonesia (DSI). Gan noted that every nation has its own\npriorities when shaping export strategies.<\/p>\n<p>\u201cSingapore will work together with Indonesia to ensure that Indonesia\nremains an attractive investment destination for Singapore and our\ninvestors,\u201d Gan said during a press conference at the Coordinating\nMinistry for Economic Affairs in Jakarta on Tuesday, June 9, 2026.<\/p>\n<p>The Deputy Prime Minister emphasized that his administration will\nkeep engaging with Singaporean business players to guarantee that\ncross-border cooperation remains seamless. Trade flows, moving both ways\nbetween the two neighbors, are expected to continue without\ndisruption.<\/p>\n<p>\u201cThat is one of the reasons why we are discussing strengthening the\nsupply chain resilience between Singapore and Indonesia,\u201d he added.<\/p>\n<p>Gan spoke following the 16th Indonesia-Singapore Six Bilateral\nEconomic Working Groups Ministerial Meeting held at the ministry, a\nsession that also yielded six new commercial agreements.<\/p>\n<p>Under the new regulatory framework, the specific commodities mandated\nto pass through PT DSI are palm oil, coal, and iron alloys. Jakarta is\nleveraging this centralized approach to clamp down on under-invoicing,\ntransfer pricing, and the flight of export revenues.<\/p>\n<p>A transition period is underway from June 1 through December 31,\n2026, during which trade provisions will operate as usual. While\nexporters continue to honor agreements with their respective partners,\ntheir operations are now monitored by PT DSI and must be reported via\nthe Ministry of Finance\u2019s Customs and Excise CEISA 4.0 platform. Full\nintegration under PT DSI will officially take effect on January 1,\n2027.<\/p>\n<p>Dony Oskaria, Chief Operating Officer of the Investment Management\nAgency for Nusantara Resources (BPI Danantara), reassured the public\nthat the one-door mechanism is built on transparency and accountability,\nallowing citizens to monitor its progress.<\/p>\n<p>\u201cWe will also continue to carry out the contracts held by all\ncompanies, of course, they will proceed as they have,\u201d he said.<\/p>\n<p>Read: Indonesia Pursues Lower U.S. Tariffs Following 10% Duty<\/p>\n<p>Click here to get the latest news updates from Tempo on Google\nNews<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/singapore-responds-to-indonesias-one-door-export-1781002223",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}