Indonesia, Danantara and sovereign wealth fund

New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
Indonesia launches new sovereign wealth fund Danantara, with eye on 8% growth
The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at straitstimes.com.
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while catalysing investment and fuelling the nation’s ambitious growth trajectory.
Indonesia’s New Danantara Investment Fund Readies for Launch
A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy in his effort to supercharge growth.
Danantara, Indonesia's new sovereign wealth fund: what to know
He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.
Indonesia launches new multibillion dollar Danantara sovereign wealth fund
Indonesia’s Prabowo officially establishes Danantara, which is modelled on Singapore’s investment arm Temasek.
BenarNews19h
EXPLAINED: What is Danantara, Indonesia’s new state investment body?
It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.
The Jakarta Post10h
Danantara may crowd out private investment
The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...
Antara News19h
Danantara can be driving force for infra investment: minister
Indonesia's sovereign wealth fund Daya Anagata Nusantara (Danantara) could help drive national infrastructure investment, ...
Tempo23h
Various International Media Highlight Concerns for Indonesia's Danantara
Media expressed concerns about transparency of Danantara, particularly because it was not clear how the state's wealth funds ...
Will the ‘Dark Indonesia’ protests against Prabowo’s austerity cuts escalate further?
Nationwide student-led protests in Indonesia against austerity measures have emerged as the first major political challenge ...
Antara News23h
Danantara leaders must demonstrate full commitment to running company
President's Special Advisor on Economics and National Development Bambang Brodjonegoro emphasized that the leadership of the ...
Prabowo’s Danantara faces uphill battle for investor trust: Analysts
President Prabowo Subianto launched Danantara, the nation's newest sovereign wealth fund, with US$20 billion in initial ...
Tempo1d
Prabowo Claims Danantara's Rp3tn Capital from Budget Savings; Advisor Responds
Prabowo claims that he has secured more than Rp300 trillion from inefficiency, corruption, and improper spending, to be ...