Bukit Asam Prepares for Single-Door Export Policy via PT DSI
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- PT Bukit Asam (Persero) Tbk. is preparing for a single-door export policy, anticipating its implementation through PT Danantara Sumberdaya Indonesia (DSI).
- The company is coordinating with stakeholders and regulators to ensure operational and commercial activities comply with regulations.
- Bukit Asam has not yet estimated the policy's impact, awaiting the government's formal regulation on strategic natural resource exports, which is expected to take effect January 1, 2027.
Indonesian state-owned coal miner PT Bukit Asam (Persero) Tbk. is proactively preparing for a new single-door export policy, expected to be managed by PT Danantara Sumberdaya Indonesia (DSI). The company stated it is coordinating internally with stakeholders and regulators to ensure its export operations continue smoothly and in compliance with all applicable laws and good corporate governance practices.
To ensure the company's operational and commercial export activities continue to run well, in accordance with the prevailing laws and regulations, and good corporate governance.
However, Bukit Asam has not yet assessed the potential operational, financial, or legal impacts of this policy. This uncertainty stems from the fact that the government has not yet issued the specific regulation concerning the export of strategic natural resources. The company indicated it has no immediate special plans regarding the new export rule.
The company will continue to monitor developments regarding the planned implementation of this policy and will take mitigation steps in accordance with comprehensive studies.
President Prabowo Subianto previously announced the establishment of an export body to combat practices like undervoicing and transfer pricing, and to prevent the illicit outflow of export earnings. Following a six-month transition period, all exports are mandated to go through PT DSI starting January 1, 2027. Coordinating Minister for Economic Affairs Airlangga Hartarto explained that during this transition, exporters must report through the Directorate General of Customs and Excise's CEISA 4.0 platform, with PT Danantara Sumberdaya Indonesia temporarily overseeing export activities.
During this period, an evaluation will continue in the first three months, and this will be the basis for the implementation of the next stage.
Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.