Jakarta, July 20 -- President Prabowo Subianto stated that PT Danantara Sumberdaya Indonesia (DSI), a newly established state-owned enterprise tasked with managing strategic commodity exports, has managed US$10.5 billion in foreign exchange after just six weeks of operation.

Addressing a Plenary Cabinet Session at the State Palace in Jakarta on Monday, Prabowo emphasized that DSI was established as a strategic intervention to eliminate decades-old illegal export practices, such as under-invoicing and transfer pricing, which have long drained the nation's resource wealth.

President Prabowo specifically praised DSI Chief Executive Officer Rosan Perkasa Roeslani-who also serves as Investment and Downstreaming Minister-for the rapid turnaro...