Prabowo assures new export SOE will not disrupt business

President Prabowo Subianto’s administration has established PT Danantara Sumber Daya Indonesia (DSI), a state-owned enterprise (SOE) tasked with regulating the export of strategic natural resource commodities including coal, palm oil, and ferroalloy. Government Communication Agency advisor Fithra Faisal stated that DSI was formed due to an estimated Rp15.4 trillion revenue loss from 1991 to 2024 caused by under-invoicing and transfer pricing in commodity exports. The SOE’s creation aims to improve export-import governance and bolster export performance amid global geopolitical volatility.