Jakarta, Aug. 30 -- Indonesia is easing export-proceeds rules for qualifying mining companies, allowing them to retain at least 30 percent of natural-resource export proceeds for three months under a new provision.

Under Article 18A of Government Regulation No. 21/2026, eligible mining exporters can place at least 30 percent of their natural-resource export proceeds for three months, versus 100 percent for 12 months under general rules.

"The policy has three main goals: strengthen macroeconomic stability and domestic financial markets, support investment and working capital for downstream development, and boost investment and exports," said Susiwijono Moegiarso, secretary of the Coordinating Ministry for Economic Affairs, in a statement...