<p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/fgI5y9Tnej.Xb6lu7UE..Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04MzY-/https://media.zenfs.com/en/afp.com.sg/cac8df09755d663051c2afea3fc64caf?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="768" height="517" original-src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/fgI5y9Tnej.Xb6lu7UE..Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04MzY-/https://media.zenfs.com/en/afp.com.sg/cac8df09755d663051c2afea3fc64caf"/></p>
<p>印尼总统普拉博沃·苏比安托宣布商品出口管制，以应对经济逆风（BAY ISMOYO）</p>
<p>印尼总统普拉博沃·苏比安托周三宣布商品出口管制，以增加税收，因为该国正面临由中东战争引发的经济逆风。</p>
<p>他在国会表示，未来所有自然资源的销售——首先是粗棕榈油、煤炭和含铁合金——将通过政府指定的国有企业进行。</p>
<p>普拉博沃说：“这意味着每笔出口销售的收益将由政府指定的国有企业转交给管理这些活动的商业运营者。”</p>
<p>印尼是全球最大的棕榈油、煤炭和合金出口国之一，但普拉博沃表示，国家因腐败而失去了收入。</p>
<p>该国的棕榈油农民组织协会（POPSI）批评这一法规，称其可能 “从根本上改变国家棕榈油贸易的结构，并为贸易垄断打开广阔空间”。</p>
<p>在印尼中央银行当天将基准借贷利率上调 0.5 个百分点至 5.25% 之际，雅加达证券交易所的指数在中午前下跌近 1.5%。</p>
<p>这是两年来的首次加息，旨在稳定贬值的卢比并控制通货膨胀，印尼银行指出这是由于 “中东战争引发的全球波动加剧”。</p>
<p>普拉博沃表示，出口法规将优化国家的税收收入，他在报告印尼经济健康状况时表现出乐观，尽管面临 “地缘政治挑战”。</p>
<p>他说：“这一政策的主要目标是加强监督和监控，根除少报、低报、转移定价和出口收益资本外流的行为。”</p>
<p>- '属于我们的' -</p>
<p>在纪念印尼长期独立斗争开始的日子里，普拉博沃坚称，这个拥有 2.87 亿人口的东南亚国家明年有望实现 5.8% 至 6.5% 的经济增长。</p>
<p>政府的目标是到 2029 年实现 8.0% 的增长。</p>
<p>他还坚持认为，政府将超过法律规定的 3.0% 的财政赤字与 GDP 比率上限。</p>
<p>政府将努力将 10 年期国债收益率保持在 6.5% 至 7.3% 之间，卢比对美元的汇率保持在 16,800 至 17,500 之间。</p>
<p>总统表示：“我们的财政和货币政策必须是一种能够保持我们汇率稳定于全球货币的策略。”</p>
<p>周二的汇率超过了 17,700，创下新纪录。</p>
<p>财政部长普尔巴亚·尤迪·萨德瓦周二表示，政府在卢比计价的债券上花费了约 1.3 万亿卢比（约 7300 万美元），以稳定收益率。</p>
<p>普拉博沃表示，中东和乌克兰战争对印尼产生了 “非常大的影响和影响”，印尼是一个石油生产国，但也是净进口国。</p>
<p>印尼银行行长佩里·瓦吉约指出，全球动荡导致资本外流，并且强势美元对汇率施加压力。</p>
<p>此外，他提到 “2026 年第二季度的国内外汇需求”。</p>
<p>普拉博沃表示，新的出口法规是为了更好地管理 “属于我们的东西”。</p>
<p>总统说：“我们必须相信，印尼的所有自然资源都属于印尼人民。”</p>
<p>“因此，国家有权详细了解我们的自然资源被出售到印尼以外的情况。我们不想再被欺骗。我们想确切知道我们的财富被出售了多少。”</p>
<p>投资部长罗桑·罗斯拉尼坚称，出口合同将得到履行，“但从根本上我们将审查这些合同中的定价是否确实正确，并与相关指数一致。”</p>
<p>总部位于新加坡的 FGS Global 咨询公司的分析师德迪·迪纳托告诉法新社，这一公告似乎让投资者感到 “不安”。</p>
<p>他说：“与商品相关的股票的抛售表明，投资者已经在定价担忧，包括利润压力、减少交易灵活性和政策不可预测性。”</p>
<p>dsa/mlr/abs</p>

印尼 ETF - Market Vectors

<p>印度尼西亚总统普拉博沃·苏比安托宣布对煤炭和棕榈油等商品实施新的出口管制，以增强税收收入，旨在应对与中东冲突相关的经济挑战。该法规要求未来的自然资源销售必须通过国有企业进行，旨在遏制腐败并改善收入征收。然而，这一举措受到行业团体的批评，并导致雅加达证券交易所的下跌。尽管面临地缘政治压力，普拉博沃对印度尼西亚的经济增长仍持乐观态度</p>

<p><img src="https://imageproxy.pbkrs.com/https://s.yimg.com/ny/api/res/1.2/fgI5y9Tnej.Xb6lu7UE..Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04MzY-/https://media.zenfs.com/en/afp.com.sg/cac8df09755d663051c2afea3fc64caf" alt="" original-src="https://s.yimg.com/ny/api/res/1.2/fgI5y9Tnej.Xb6lu7UE..Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyNDI7aD04MzY-/https://media.zenfs.com/en/afp.com.sg/cac8df09755d663051c2afea3fc64caf"/></p>
<p>President Prabowo Subianto announced commodity export controls as Indonesia battles economic headwinds (BAY ISMOYO)</p>
<div class="lb-trans"><p>印尼总统普拉博沃·苏比安托宣布商品出口管制，以应对经济逆风（BAY ISMOYO）</p>
</div><p>Indonesian President Prabowo Subianto on Wednesday announced commodity export controls to boost tax revenues as the country battles economic headwinds fuelled by the Middle East war.</p>
<div class="lb-trans"><p>印尼总统普拉博沃·苏比安托周三宣布商品出口管制，以增加税收，因为该国正面临由中东战争引发的经济逆风。</p>
</div><p>Future sales of all natural resources -- starting with crude palm oil, coal and iron-containing alloys -- will go through state-owned enterprises appointed by the government, he told parliament.</p>
<div class="lb-trans"><p>他在国会表示，未来所有自然资源的销售——首先是粗棕榈油、煤炭和含铁合金——将通过政府指定的国有企业进行。</p>
</div><p>&#34;This means that the proceeds from every export sale will be passed on by the state-owned enterprises appointed by the government to the business operators managing those activities,&#34; Prabowo said.</p>
<div class="lb-trans"><p>普拉博沃说：“这意味着每笔出口销售的收益将由政府指定的国有企业转交给管理这些活动的商业运营者。”</p>
</div><p>Indonesia is among the world's top exporters of palm oil, coal and alloys, but Prabowo says the state has been losing out on revenues due to graft.</p>
<div class="lb-trans"><p>印尼是全球最大的棕榈油、煤炭和合金出口国之一，但普拉博沃表示，国家因腐败而失去了收入。</p>
</div><p>The country's Palm Oil Farmers' Organisations Association (POPSI) criticised the regulation, which it said could &#34;fundamentally alter the structure of national palm oil trade and open wide space for trade monopolies&#34;.</p>
<div class="lb-trans"><p>该国的棕榈油农民组织协会（POPSI）批评这一法规，称其可能 “从根本上改变国家棕榈油贸易的结构，并为贸易垄断打开广阔空间”。</p>
</div><p>The Jakarta Stock Exchange was down nearly 1.5 percent shortly before noon on the news that came on the same day Indonesia's central bank hiked its base borrowing rate by 0.5 points to 5.25 percent.</p>
<div class="lb-trans"><p>在印尼中央银行当天将基准借贷利率上调 0.5 个百分点至 5.25% 之际，雅加达证券交易所的指数在中午前下跌近 1.5%。</p>
</div><p>It was the first increase in two years, intended to stabilise the devaluing rupiah and keep inflation in check, said Bank Indonesia, pointing to &#34;heightened global volatility caused by the war in the Middle East&#34;.</p>
<div class="lb-trans"><p>这是两年来的首次加息，旨在稳定贬值的卢比并控制通货膨胀，印尼银行指出这是由于 “中东战争引发的全球波动加剧”。</p>
</div><p>Prabowo said the export regulation will optimise tax revenues for the state as he presented an upbeat report about Indonesia's economic health despite &#34;geopolitical challenges&#34;.</p>
<div class="lb-trans"><p>普拉博沃表示，出口法规将优化国家的税收收入，他在报告印尼经济健康状况时表现出乐观，尽管面临 “地缘政治挑战”。</p>
</div><p>&#34;The main objective of this policy is to strengthen supervision and monitoring and to eradicate underpayment practices, under-invoicing, transfer pricing practices, and capital flight of export earnings,&#34; he said.</p>
<div class="lb-trans"><p>他说：“这一政策的主要目标是加强监督和监控，根除少报、低报、转移定价和出口收益资本外流的行为。”</p>
</div><p>- 'What belongs to us' -</p>
<div class="lb-trans"><p>- '属于我们的' -</p>
</div><p>On a day commemorating the start of Indonesia's long fight for independence, Prabowo insisted the Southeast Asian country of 287 million people was on track to achieve economic growth of 5.8 to 6.5 percent next year.</p>
<div class="lb-trans"><p>在纪念印尼长期独立斗争开始的日子里，普拉博沃坚称，这个拥有 2.87 亿人口的东南亚国家明年有望实现 5.8% 至 6.5% 的经济增长。</p>
</div><p>The government is targeting growth of 8.0 percent by 2029.</p>
<div class="lb-trans"><p>政府的目标是到 2029 年实现 8.0% 的增长。</p>
</div><p>He also maintained the government will exceed the fiscal deficit-to-GDP ratio ceiling of 3.0 percent, set in law.</p>
<div class="lb-trans"><p>他还坚持认为，政府将超过法律规定的 3.0% 的财政赤字与 GDP 比率上限。</p>
</div><p>The government will work to keep 10-year bond yields in the range of 6.5 to 7.3 percent and the rupiah exchange rate to the US dollar to between 16,800 and 17,500.</p>
<div class="lb-trans"><p>政府将努力将 10 年期国债收益率保持在 6.5% 至 7.3% 之间，卢比对美元的汇率保持在 16,800 至 17,500 之间。</p>
</div><p>&#34;Our fiscal and monetary strategy must be a strategy capable of keeping our exchange rate stable against global currencies,&#34; said the president.</p>
<div class="lb-trans"><p>总统表示：“我们的财政和货币政策必须是一种能够保持我们汇率稳定于全球货币的策略。”</p>
</div><p>The rate on Tuesday exceeded 17,700 -- a record.</p>
<div class="lb-trans"><p>周二的汇率超过了 17,700，创下新纪录。</p>
</div><p>Finance Minister Purbaya Yudhi Sadewa said Tuesday the government spent about 1.3 trillion rupiah (about $73 million) on rupiah-denominated bonds in a bid to stabilise the yield.</p>
<div class="lb-trans"><p>财政部长普尔巴亚·尤迪·萨德瓦周二表示，政府在卢比计价的债券上花费了约 1.3 万亿卢比（约 7300 万美元），以稳定收益率。</p>
</div><p>Prabowo said the Middle East and Ukraine wars were having a &#34;very large impact and influence&#34; on Indonesia, which is an oil producer but net importer.</p>
<div class="lb-trans"><p>普拉博沃表示，中东和乌克兰战争对印尼产生了 “非常大的影响和影响”，印尼是一个石油生产国，但也是净进口国。</p>
</div><p>Bank Indonesia governor Perry Wajiyo pointed to global turbulence triggering capital outflows from emerging markets and a stronger dollar putting pressure on exchange rates.</p>
<div class="lb-trans"><p>印尼银行行长佩里·瓦吉约指出，全球动荡导致资本外流，并且强势美元对汇率施加压力。</p>
</div><p>Furthermore, &#34;domestic foreign exchange demand in the second quarter of 2026&#34;, he said.</p>
<div class="lb-trans"><p>此外，他提到 “2026 年第二季度的国内外汇需求”。</p>
</div><p>According to Prabowo, the new export regulation was an attempt to better manage &#34;what belongs to us.&#34;</p>
<div class="lb-trans"><p>普拉博沃表示，新的出口法规是为了更好地管理 “属于我们的东西”。</p>
</div><p>&#34;We must believe that all of Indonesia’s natural resources belong to the Indonesian people,&#34; the president said.</p>
<div class="lb-trans"><p>总统说：“我们必须相信，印尼的所有自然资源都属于印尼人民。”</p>
</div><p>&#34;Therefore, the state has the right to know in detail which of our natural resources are being sold outside Indonesia. We do not want to be deceived any longer. We want to know exactly how much of our wealth is being sold.&#34;</p>
<div class="lb-trans"><p>“因此，国家有权详细了解我们的自然资源被出售到印尼以外的情况。我们不想再被欺骗。我们想确切知道我们的财富被出售了多少。”</p>
</div><p>Investment Minister Rosan Roeslani insisted export contracts will be honoured, &#34;but fundamentally we will review whether the pricing in these contracts is actually correct and in line with the relevant index&#34;.</p>
<div class="lb-trans"><p>投资部长罗桑·罗斯拉尼坚称，出口合同将得到履行，“但从根本上我们将审查这些合同中的定价是否确实正确，并与相关指数一致。”</p>
</div><p>Singapore-based analyst Dedi Dinarto of the FGS Global consultancy told AFP the announcement appears to have left investors &#34;uneasy&#34;.</p>
<div class="lb-trans"><p>总部位于新加坡的 FGS Global 咨询公司的分析师德迪·迪纳托告诉法新社，这一公告似乎让投资者感到 “不安”。</p>
</div><p>&#34;The sell-off in commodity-linked stocks shows that investors are already pricing in concerns around margin pressure, reduced trading flexibility, and policy unpredictability down the line,&#34; he said.</p>
<div class="lb-trans"><p>他说：“与商品相关的股票的抛售表明，投资者已经在定价担忧，包括利润压力、减少交易灵活性和政策不可预测性。”</p>
</div><p>dsa/mlr/abs</p>
<div class="lb-trans"><p>dsa/mlr/abs</p>
</div>

印尼的普拉博沃宣布对煤炭和棕榈油实施出口限制措施