Danantara says new DSI policy won't affect existing export deals
Jakarta, June 8 -- Indonesia's sovereign wealth fund Danantara clarified that its newly established export firm, PT Danantara Sumberdaya Indonesia (DSI), will not necessarily affect existing natural resource export contracts.
"We will continue implementing contracts already held by all companies," Danantara Chief Operating Officer Dony Oskaria told the press at the Parliament Complex in Jakarta on Monday.
He emphasized that existing agreements would continue as usual, provided they do not involve practices such as under-invoicing or transfer pricing.
Under-invoicing refers to the deliberate reporting of prices below actual transaction values, while transfer pricing involves setting prices for goods, services, or intangible assets excha...
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