A top official with Danantara Sumber Daya Indonesia, Indonesia's new state-owned entity created to oversee commodity exports, said the agency will review export prices and trade data but will not directly sell commodities, replace private exporters or take over existing contracts, Bloomberg reported on June 12. Meanwhile, thousands of Indonesian students in Jakarta protested government policies, costly state programs and rising living costs, the Jakarta Globe reported separately on June 12.

The clarification follows widespread industry concerns that Danantara Sumber Daya Indonesia's broad and thus far vaguely defined mandate could disrupt contracts, shipping, insurance, payments and customer relations after Indonesia began a transition period on June 1 to the highly centralized model. The student rally reflects a broader backlash against rising fuel and food costs, currency weakness, costly flagship spending programs and militarization and securitization of state functions, as well as the state's expanding economic role, which demonstrators say is worsening Indonesia's economic pressures, echoing sentiments in the business community.