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

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 ...

National Economic Council member Chatib Basri acknowledges that the current administration has little room to boost growth through monetary or fiscal policy, making structural reform the only viable ...

The US President didn't offer an apology and earlier said he 'couldn't belive' he called the Ukrainian leader a dictator.

Man United legend Wayne Rooney opens up on being 'absolutely battered' by Sir Alex Ferguson as he reveals the worst ...

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

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.

Indonesia launched a sovereign fund, which is expected to boost growth of Southeast Asia's biggest economy, on Feb 24.

JAKARTA -- Indonesian President Prabowo Subianto officially launched the Investment Management Agency Daya Anagata Nusantara ...