New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...

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 ...

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

Prabowo wants to tap into the fund's assets -- planned to be more than US$900 billion -- to boost Indonesia to developed ...

There are over 90 sovereign wealth funds in the world. The biggest ones are owned by states with significant oil revenues and ...

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.

JAKARTA – Indonesia launched its new sovereign wealth fund Danantara on Feb 24, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8 per ...

Danantara is Indonesia’s second sovereign wealth fund after Indonesia Investment Authority (INA), which was launched during Widodo’s time in office. Indonesia had 65 state-owned enterprises ...

resident Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Indonesia and give the leader greater control of the country's coffers. He wants to tap into the ...