Danantara Unit Says ‘Soft Launch' of Commodity Export System to Begin in September

DANANTARA - JAKARTA. Danantara Indonesia's dedicated strategic commodity export unit said on Tuesday that it would start processing export data through a national "integrated governance system" in September, as it prepares to launch the country's controversial new export regime.

Set up by the sovereign wealth fund on June 1, PT Danantara Sumberdaya Indonesia (DSI) is part of President Prabowo Subianto's plan to channel exports of key commodities such as coal, palm oil and ferroalloys through a central government-run agency to tackle concerns about under-invoicing and transfer pricing, which the government says have caused significant losses.

 

DSI said in a statement: "The implementation commencing in September 2026 will serve as the soft launch of the integrated export governance system, whereby export data and export administration for strategic commodities will begin to be processed through the national governance mechanism in accordance with applicable regulations."

 

Read Also: Indonesia Parliament Passes Bill to Set Up International Financial Centres

 

"This stage does not change DSI's implementation approach, which remains phased and market-oriented," DSI said, adding it would still act as an intermediary and "governance facilitator" focused on transparency and ensuring continuity for exporters and international buyers.

 

In a separate statement on Tuesday, DSI said it was still improving export traceability and identifying discrepancies in consolidated transaction data, although such discrepancies do not automatically constitute evidence of violations or under-invoicing.

 

"As implementation remains at an early stage, it is still too soon to draw conclusions regarding the extent of improvements or the impact on under-invoicing practices," the company added.