The massive sovereign wealth fund has come under scrutiny as analysts flag concerns about governance and political influence.
A plan floated by President Prabowo Subianto to place representatives of religious organizations on the advisory board of the ...
Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.
New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...
Public opinion has split on Danantara, which aims to consolidate major state-owned enterprises (SOEs) including those in the banking sector, at a time when state budget cuts have raised concerns that ...
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Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the ...
Indonesia’s faltering, $35bn plan to build a brand new capital city on the island of Borneo started 2025 with a reduction in ...
Authority had been hoping for a slice of Danantara’s capital to support the megaproject’s development, its head Basuki Hadimuljono said on Monday.
It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.
Dissent against his new government has appeared in the form of student protests and the possible emergence of an opposition ...