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View all search resultsCoordinating Economy Minister Airlangga Hartarto announced in a press conference on Sunday that a seven-month transition phase will run from June 1 to Dec. 31, while exporting companies will continue to execute their regular shipping activities.
n a sweeping overhaul of the nation’s commodity trade regime, the government has officially begun transitioning to a centralized export system for key commodities including coal, crude palm oil (CPO) and ferroalloys through newly formed state-owned PT Danantara Sumberdaya Indonesia (DSI), effective June 1.
The move is accompanied by stricter rules requiring natural resource export proceeds (DHE) to be retained domestically, which will become effective on the same date. Together, the two policies mark Jakarta’s significant effort to channel commodity wealth into domestic financial stability and to boost state revenue.
"Our economy must not only benefit a select few. For too long, the prices of our natural resources have been determined by other parties, determined in other countries. For too long, a portion of the profits from our natural resources has flowed abroad and not remained in the motherland," President Prabowo Subianto said in a speech on Monday.
He framed the establishment of DSI as a corrective action to decades of economic leakage.
"Therefore, the government has established a one-stop shop for natural resource exports.”
Coordinating Economy Minister Airlangga Hartarto announced in a press conference on Sunday that a seven-month transition phase will run from June 1 to Dec. 31. In this period, exporting companies will continue to execute their regular shipping activities.
However, a new regulatory layer will compel them to report all transactions through DSI. This reporting will be digitally funneled through the CEISA 4.0 Portal, facilitated by the Directorate General of Customs and Excise at the Finance Ministry.
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