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View all search resultsExport SOE won’t take over commodity shipments, Danantara says
Despite its good intentions to curb under-invoicing, the export centralization plan is seen as being rolled out prematurely.
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A woman walks past the Wisma Danantara Indonesia building on May 6, 2026, on Jl. Jend. Gatot Subroto in South Jakarta. (JP/Iqro Rinaldi)
S
tate asset fund Danantara has sought to ease market concerns over the establishment of a new state entity, PT Danantara Sumberdaya Indonesia (DSI), insisting that it will not take over commodity export activities or act as the sole intermediary, which could disrupt existing businesses.
Danantara COO Dony Oskaria said the entity was established specifically to combat rampant transfer pricing and under-invoicing practices that have long deprived the state of revenue it is rightfully owed.
“We're ensuring that our goal is 'hey, you should sell products at their true price.' That's our real objective, not to take over goods and act as a [sole] middleman that then sells those [commodities to foreign buyers],” Dony said in a podcast broadcast online on Wednesday.
The reassurance comes as Indonesia recalibrates its approach to export governance.
The Straits Times reported on Thursday that Jakarta is scaling back its move to centralize exports of strategic commodities, which are coal, crude palm oil (CPO) and ferroalloys, which had alarmed buyers and exporters over potential market disruption.
Two government officials told the Singapore daily that tighter monitoring would replace the restructuring push.
In the podcast, Dony indirectly confirmed this shift, framing DSI's role as a monitoring body rather than an export consolidator.
