Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, ...

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as ...

Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Southeast Asia's largest economy and give the ...

The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...

Danantara, the nation's newly established sovereign wealth fund, may end up stifling growth instead of fuelling it, analysts ...

Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo ...

Not to be outdone, the Philippines created its own state-owned investment vehicle, the Maharlika Wealth Fund. After a few ...

Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast ...

Danantara will be Indonesia's second sovereign wealth fund, after the Indonesia Investment Authority (INA), which was launched in 2021 and holds $10.5 billion in assets.

The new fund, known as Daya Anagata Nusantara, or Danantara, which is modeled on Singapore's investment arm Temasek, was ...