Indonesian Political, Business & Finance News

Trade Minister confirms PT DSI to bear palm oil and coal export duties

| | Source: KOMPAS Translated from Indonesian | Trade
Trade Minister confirms PT DSI to bear palm oil and coal export duties
Image: KOMPAS

JAKARTA - Trade Minister Budi Santoso, also known as Busan, stated that export duties and levies on strategic natural resources will be borne by PT Danantara Sumberdaya Indonesia (DSI). PT DSI is a newly established state-owned enterprise (SOE) designated as the exporter of strategic natural resource commodities. “The export duties and levies, which have traditionally been imposed on exporters, will now fall to PT DSI once it takes full control,” Busan said during a meeting at the Ministry of Trade in Jakarta on Monday, 25 May 2026. He added that the government has decided that three strategic commodities must be exported via PT DSI: palm oil, coal, and ferro alloy. Despite the single export channel, Busan explained that existing export regulations remain unchanged, with export permits still issued by the Ministry of Trade. “The change is simply that private exporters will now channel their exports through PT DSI,” he said. The ministry is preparing a Ministerial Regulation (Permendag) concerning the single export channel via PT DSI, with hopes of issuing it by midday. “Hopefully so,” Busan added. The government has set a timeframe from 1 June until the end of August for PT DSI to monitor export data for palm oil, coal, and ferro alloy, ensuring businesses do not engage in under-invoicing or data manipulation of strategic commodities as suspected over decades.

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