Expert: DSI can function to accelerate the export management process
Professor Telisa Aulia Falianty from the Faculty of Economics and Business, University of Indonesia (FEB UI), stated that PT Danantara Sumberdaya Indonesia (DSI) can function to accelerate the export management process.
“With the presence of DSI, coordination should ideally be faster. This would provide real benefits to the business world. Its role should not merely be to monitor instances of miss-invoicing, but to truly assist the export process through facilitation and guidance,” she said during a public discussion held in Jakarta on Thursday.
She explained that the primary issue frequently complained about by the business community regarding export processes is delays caused by lengthy bureaucratic chains and permit verification. While this cannot be generalised to all cases, such complaints are noted to occur in several real-world situations.
Telisa argued that licensing processes often take a long time due to the necessity of verifying Domestic Market Obligation (DMO) requirements, such as for coal commodities. In these instances, authorities must first ensure that domestic supply needs are met before export permits are issued.
Therefore, she believes that the existence of DSI could cut through these coordination hurdles so that the impact is tangibly felt by the business sector.
DSI is also noted for its potential to provide business intelligence and market intelligence to optimise various Free Trade Agreements (FTA) that Indonesia has entered into. This is particularly relevant as the benefits of FTAs are often sub-optimal because businesses lack sufficient information, partly due to human resource limitations within relevant ministries.
“With PT DSI, it may be better equipped to translate business and market intelligence. Although commercial functions remain with the companies, information and facilitation can still be strengthened. In my view, this can address gaps to ensure there is no overlap, but rather mutual effectiveness. It can strengthen areas that are currently lacking,” said Telising.