Kuala Lampur, Nov. 14 -- KUALA LUMPUR, Nov 14 - Stricter monitoring of commodity exports is needed to curb under-invoicing, a practice in which exporters declare lower cargo values or quantities than what they actually ship, potentially causing losses in government revenue, maritime industry players said.

Maritime Network Sdn Bhd chief executive officer Datuk Seri R. Jeyenderan said Indonesia's move to set up a centralised agency to monitor major commodity exports should remind Malaysia to review how effective its own export monitoring systems are.

It was reported that Indonesia's Danantara Sumberdaya Indonesia (DSI), operated by sovereign wealth fund Danantara, will initially oversee exports worth about US$60 billion involving coal, pa...