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A Sudden Monopoly

Monday, May 25, 2026

President Prabowo abruptly changed the rules governing strategic commodity exports, channeling them through a single state-owned enterprise. But the legal framework for the policy remains in disarray.

arsip tempo : 178032975768.

President Prabowo Subianto delivers a speech during the 19th Plenary Session of the House of Representatives (DPR) for the Fifth Sitting Period of the 2025-2026 Session Year at the DPR parliamentary complex, Jakarta, May 20, 2026. Tempo/Amston Probel. tempo : 178032975768.

FLOODED with questions from overseas palm oil buyers, Eddy Martono found himself unable to respond. The Chair of the Indonesian Palm Oil Producers Association (Gapki) said business players still could not explain Indonesia’s new commodity export rules to customers. “We can’t answer the details because there’s no certainty yet,” he told Tempo on Thursday, May 21, 2026.

According to Eddy, inquiries and requests f

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Ghoida Rahmah and Ilona Esterina Piri contributed to the writing of this article. 

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