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

New sovereign wealth fund Danantara is slated to eventually manage more than $1.2 trillion worth of assets. Read more at ...

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 ...

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 ...

Malaysia missed key opportunities to establish such a fund, especially in 1990 and following the 1Malaysia Development Berhad ...

The project was met with criticism from experts, who said a seawall would not solve land subsidence in Jakarta and warned that building such a massive seawall could instead exacerbate the issue.

Indonesia, Apple reach agreement to lift iPhone ban Apple Inc. has reached an agreement with Indonesia to invest in the ...

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

The recent drastic budget cuts were a surprise, given that Prabowo had signaled he would pursue an expansionary fiscal policy.