Danantara Rules Out IPO for New Export Agency

Indonesia’s newly established export agency, Danantara Sumberdaya Indonesia (DSI), has confirmed there are no immediate plans to go public, as the country’s trade system undergoes a significant restructuring. The move comes amid heightened scrutiny of the sovereign wealth fund’s role in centralizing exports of key commodities like palm oil, coal, and ferroalloy. President Prabowo Subianto’s … Read more