BUMN Regulatory Body Announces Danantara Resources Indonesia Officially Becomes State-Owned Enterprise

Head of the BUMN Regulatory Agency and Danantara Chief Operating Officer (COO) Dony Oskaria stated that Danantara Resources Indonesia (DSI) has officially become a state-owned enterprise (SOE).

“It has officially become a BUMN today, as the process requires 1% state ownership with special authority. It is now a BUMN,” Dony said when met at the Senayan Parliament Complex in Jakarta on Monday, 25 May 2026.

Dony confirmed the signing of the decree establishing DSI as a BUMN on Monday morning. However, the mechanism for exporting natural resources such as coal, palm oil, and ferro alloy is still being finalised.

“Further details will be provided shortly. It is currently being processed,” Dony said.

President Prabowo Subianto announced during a DPR RI plenary session at the Nusantara Building, MPR/DPR/DPD RI Complex in Jakarta on Wednesday, 20 May 2026, that the government has issued a Government Regulation (PP) on the Management of Natural Resource Commodity Exports.

The government subsequently established PT DSI as a company with a specific mandate to manage and oversee transactions involving strategic natural resource exports.

The establishment of DSI was prompted by persistent instances of under-invoicing and transfer pricing in Indonesia’s commodity exports over the years.

Under-invoicing is a fraudulent practice where importers or exporters deliberately report lower values or prices on invoices than the actual transaction value.

Transfer pricing refers to the setting of prices in transactions between affiliated companies, whether involving goods, services, intangible assets, or funding.

In implementation, DSI will operate in two phases. During the first phase, from 1 June to 31 December 2026, it will act as an evaluator and intermediary between sellers and buyers of specific export commodities.