{
    "success": true,
    "data": {
        "id": 1855939,
        "msgid": "single-door-export-policy-not-aimed-at-countering-singapores-international-oligarchy-1783911015",
        "date": "2026-07-13 08:55:12",
        "title": "Single-Door Export Policy Not Aimed at Countering Singapore's International Oligarchy",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Economy",
        "summary": "A claim circulating on TikTok suggesting Indonesia's single-door export policy is designed to combat an international oligarchy from Singapore has been debunked. Economists clarify the policy, which mandates strategic commodity exports through state-owned PT Danantara Sumberdaya Indonesia, is intended to improve export governance and boost state revenue. Singapore's Trade and Industry Minister has also expressed respect for the policy, hoping bilateral trade flows remain smooth.",
        "content": "<p>A post circulating on TikTok claims that Indonesia\u2019s single-door\nexport policy is intended to fight an international oligarchy from\nSingapore.<\/p>\n<p>Based on the findings of the Jalahoaks team, as reported by tempo.co\n(17\/06\/2026), Anthony Budiawan, an economics and investment observer\nfrom Political Economy and Policy Studies (PEPS), explained that the\nmajority of Indonesian commodity exports are shipped directly to\ndestination countries. Consequently, the appointment of PT Danantara\nSumberdaya Indonesia (DSI) as the sole exporter is not meant to curb\nforeign dominance.<\/p>\n<p>\u201cMany mining exports today are carried out directly to importing\ncountries such as China, no longer through Singapore,\u201d Anthony\nexplained.<\/p>\n<p>In addition, as reported by antaranews.com (24\/05\/2026), Fakhrul\nFulvian, an economist at Trimegah Sekuritas Indonesia, assessed that\nPresident Prabowo Subianto\u2019s policy requiring strategic commodity\nexports to go through a single door, namely the state-owned enterprise\nPT Danantara Sumberdaya Indonesia (DSI), has the potential to strengthen\nstate revenue.<\/p>\n<p>\u201cThis decision seeks to improve the governance of natural resource\nexports while increasing state revenue through stronger oversight of\nmisinvoicing practices in national commodity trade,\u201d Fakhrul said in a\nstatement received in Jakarta.<\/p>\n<p>Through a Government Regulation (PP) on the Governance of Natural\nResource Commodity Exports, the government requires the sale of a number\nof strategic commodities through DSI as the sole exporter. The\ncommodities in question include palm oil, coal and ferroalloys. This\ncentralised policy is intended to ensure that the trading process runs\nmore transparently, orderly and accountably.<\/p>\n<p>According to Fakhrul, the main objective of the policy must be\nunderstood as an effort by the state to fix export governance problems,\nparticularly misinvoicing and under-invoicing practices that have the\npotential to reduce state revenue from strategic sectors. Strengthening\nthe narrative and communication of the policy is important so that\nmarket players fully understand the government\u2019s policy direction.<\/p>\n<p>As reported by cnnindonesia.com (10\/06\/2026), Singapore\u2019s Minister\nfor Trade and Industry, Gan Kim Yong, stated that he respects\nIndonesia\u2019s export governance policy. He expressed hope that trade flows\nbetween the two countries continue to run smoothly. Gan affirmed that\nSingapore will continue to cooperate with Indonesia so that Indonesia\nremains an attractive investment destination for businesses from the\nLion City.<\/p>\n<p>\u201cWe will continue working with Singapore businesses to find ways to\ncooperate with Indonesia, ensuring exports to Indonesia and access to\nIndonesian exports continue to flow freely,\u201d Gan said at a press\nconference following the Indonesia-Singapore Six Bilateral Economic\nWorking Groups (6WG) meeting in Jakarta on Monday, 9 June 2026.<\/p>\n<p>The claim that Indonesia\u2019s single-door export policy is aimed at\nfighting an international oligarchy from Singapore is untrue. In fact,\nIndonesia\u2019s single-door export policy is not an effort to confront any\nparticular country, but rather an effort by the state to improve export\ngovernance.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/single-door-export-policy-not-aimed-at-countering-singapores-international-oligarchy-1783911015",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}