TEMPO.CO, Jakarta - Finance Minister Purbaya Yudhi Sadewa has weighed in on the establishment of PT Danantara Sumber Daya Indonesia (DSI) as a special state-owned enterprise (SOE) for exports. He expressed confidence that the creation of this entity will inject positive sentiment into the Indonesian stock market.
According to Purbaya, the company's presence has the potential to boost the profitability of commodity-based firms listed on the stock exchange. This shift occurs because profits previously captured by foreign entities will now be more equitably distributed among domestic stakeholders.
"The potential for Indonesian companies listed on the stock exchange will actually be positive. This is because the profits that were previously taken by principal shareholders—mostly foreign players—will now be fairly reflected for local shareholders. If I am not mistaken, their profitability should at least double," Purbaya said during a press conference at the Parliament Complex in Jakarta on Wednesday, May 20, 2026, as reported by Antara.
On this occasion, Purbaya remained optimistic that the launch of DSI will generate strong momentum for capital market investors. "So this is positive news for public companies listed on the exchange, as their earnings are poised to soar. In my view, it is time to buy; get ready to grab it," he added.
As reported earlier, the government set up PT Danantara Sumber Daya Indonesia as a special-purpose company mandated to manage and oversee the export transactions of strategic natural resource commodities. The establishment of DSI was driven by years of persistent under-invoicing and transfer pricing practices crippling a number of Indonesian export sectors.
These practices have long dealt a severe blow to state revenues, impacting taxes, royalties, foreign exchange reserves, and the integrity of national trade data. Consequently, Danantara formed DSI as a platform to monitor transaction transparency, including volume, pricing, and commodity delivery mechanisms.
DSI is slated to commence operations on June 1, 2026. During its initial three-month phase, export transactions will continue to be conducted directly between companies and buyers, though all export documentation must be processed through DSI.
Subsequently, the government will conduct quarterly evaluations before these companies gradually transition into the primary executors of strategic commodity export management. PT Danantara Sumber Daya Indonesia is part of the government's policy to tighten state control over strategic natural resource exports, in line with the mandate of Article 33, Paragraph 3 of the 1945 Constitution.
Chief Executive Officer (CEO) of Danantara Rosan Roeslani stated that the creation of DSI directly fulfills President Prabowo Subianto's directive to the SOE Regulator to reform commodity trade governance into a more transparent and accountable system.
"Therefore, we have established a single entity, as previously outlined by the Coordinating Minister, named PT Danantara Sumber Daya Indonesia. We want to emphasize that this is focused on transaction transparency," Rosan said.
Read: Which SOE Will Control Prabowo's Single-Gate Export?
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