( November 9, 2026, 03:32 GMT | Official Statement) -- MLex Summary: Indonesia has expanded exemptions from foreign-currency export earnings requirements for eligible mining exporters with trade arrangements involving Japan, South Korea and the EU, adding them to a list covering the US, Canada, China and Australia, the Coordinating Ministry for Economic Affairs said Friday. Qualifying exporters may retain just 30 percent of earnings in designated banks for at least three months, rather than 100 percent for 12 months. The government also expanded eligible banks to 16, plans to broaden exporter eligibility based on ownership structures and is preparing to relax restrictions on converting earnings into rupiah. Separately, coal, palm oil and ferroalloy exporters must route export documents through state-owned Danantara Sumberdaya Indonesia's digital portal from Jan. 1, 2027, without changing their commercial arrangements.Statement follows (in Indonesian)....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.