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Indonesia to Track Ships in Commodity Oversight Plan

Bloomberg Markets •
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The state-backed company set up to oversee Indonesia’s vast commodity industry said it aimed to strengthen oversight of export flows, including a plan to track ships serving the world’s largest archipelago. PT [PERSON_NAME] [ADDRESS] — an arm of the nation’s sovereign wealth fund, Danantara — will focus on integrating data, without replacing market participants, according to Chief Executive Officer [PERSON_NAME]. Existing flows of commodities and finance would remain in place, Mahony said at a briefing.