Indonesia Sovereign Wealth Fund: Will listen to market voices to ensure the new export policy is market-friendly

Golden Ten Data reported on May 22 that Pandu Sjahrir, Chief Investment Officer of the Indonesian sovereign wealth fund Danantara, stated that Indonesia will "listen to the market" when forming an institution to regulate the export of key commodities. When asked about market confusion regarding this aggressive new policy, Sjahrir said investors are trying to digest the information, and more details will be provided in the coming weeks. The policy will initially focus on coal and crude palm oil. "Our idea is to enhance transparency, accountability, and traceability—of course, it must be market-friendly," he said in a television interview. "We are listening to the voices of participants and the market. We want to ensure this benefits both producers and relevant stakeholders."