The speech sent shock waves around global markets, with commodity traders scrambling to understand the implications. Indonesian officials clarified later on May 20 that exporters would be required to report their sales to Danantara starting June 1, and three months later the sovereign wealth fund would start handling contracts, shipping and export-payment processes.
Dragono Halim
Rosan Perkasa Roeslani, Chief Executive Officer of the Investment Management Agency of Nusantara (BPI Danantara), announced that Luke Thomas Mahony has been appointed to helm PT Danantara Sumberdaya Indonesia (DSI) as its Chief Executive Officer.
The policy will initially target coal, crude palm oil (CPO) and ferroalloys, sectors worth tens of billions of dollars annually and long characterised by complex trading ecosystems involving producers, traders, refiners and offshore intermediaries.
Indonesia’s Financial Services Authority (OJK) is readying incentives to help enhance foreign exchange proceeds (DHE) from exports of natural resources.
Businesses remain uncertain whether the measure represents governance reform or a broader expansion of state control that could disrupt contracts, pricing mechanisms, exporter cash flow, and investor confidence.
When it was founded in 2021, it was not clear exactly what the purpose of the state investment fund was. Last year, the picture started to become more clear.
Indonesian President Prabowo Subianto said on Wednesday that his government will mandate that exports of palm oil, coal, and ferroalloys be conducted through a state agency, as the country seeks to tighten its control over its natural resources and boost state revenue.
Agriculture Minister Andi Amran Sulaiman announced that the national fertiliser industry has grown stronger following its expansion into the Australian market, coinciding with a 20 percent drop in domestic fertiliser prices.
The Tiger Bomb has gathered fans — and imitators — as far away as Indonesia, with a growing number of coffee shops there selling their versions of the beverage.
Sixteen Australian exhibitors showcased their products to more than 250 hotel, restaurant and café (HORECA) professionals at the event. In collaboration with Meat & Livestock Australia and AUSVEG, the showcase was part of ongoing government support for Australian businesses to diversify and grow their exports.
Sheep meat processors maintain it is the Australian and Indonesian Governments’ responsibility to address import-related restrictions that are limiting northbound shipments.
Indonesia’s taxpayers must repatriate their offshore wealth within 6 months or miss a chance to invest that money in the country, as Finance Minister Purbaya Yudhi Sadewa maintains his no-tax-amnesty stance.
Deputy Foreign Affairs Minister Arif Havas Oegroseno on Tuesday urged global business leaders to first contact Indonesia’s embassies if they encounter obstacles when investing in the country.
The new brand program launched last month by AAM in partnership with its subsidiary PT Indonesia Livestock Operations, is called Anugerah Agri Makmur – Bahasan for ‘Grace, Agriculture, Welfare.’ The brand uses the tag, “Premium boxed beef raised in Australia and perfected in Indonesia.”
The unusually candid letter sent by the China Chamber of Commerce to President Prabowo Subianto reads less like a diplomatic communication than a warning — the political bargain behind Indonesia’s nickel boom is beginning to unravel.
Gold is expected to remain one of Indonesia’s strongest-performing assets in 2026 as geopolitical tensions, rupiah volatility and inflation concerns continue to drive investor demand, according to the World Gold Council.
