It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.

Minister of Public Works Dody Hanggodo hopes Danantara will support the acceleration of strategic infrastructure development.

Media expressed concerns about transparency of Danantara, particularly because it was not clear how the state's wealth funds would be audited.

President's Special Advisor on Economics and National Development Bambang Brodjonegoro emphasized that the leadership of the ...

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

According to Prabowo, Danantara's investments will generate high-quality jobs and contribute to the country's long-term prosperity. These are the areas that will determine Indonesia's future, ...

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

Indonesian President Prabowo Subianto has signed a regulation that officially established a new sovereign wealth fund. The ...

Indonesia's newly inaugurated sovereign wealth fund, Daya Anagata Nusantara (Danantara), will prioritize investments in ...

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