The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President Prabowo's promise to have the private sector lead the way.

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

Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online ...

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 ...

Saudi Arabia printed €1.5bn 3.375% 2032s and €750m 3.75% 2037s on Tuesday, the former being its first ever green bonds. The ...

Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the ...

In January Mr Prabowo launched a cost-cutting drive unlike any the country has seen. He is seeking approximately $19bn in ...

Indonesia’s faltering, $35bn plan to build a brand new capital city on the island of Borneo started 2025 with a reduction in ...

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 ...

Called Daya Anagata Nusantara or Danantara, it is a superholding set to consolidate all state-owned enterprises (SOEs) and is ...