Former UK prime minister Tony Blair earlier joined the supervisory board of Danantara, the country's new sovereign wealth ...

The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...

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 ...

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

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

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 ...