Industry Minister Agus Gumiwang Kartasasmita said Indonesia's manufacturing Purchasing Manager's Index (PMI) in February 2025 ...

Indonesian shares rose on Monday as the nation saw its first deflation in about 25 years in February, while most currencies ...

JAKARTA – A plan floated by President Prabowo Subianto to place representatives of religious organizations on the advisory board of the newly launched sovereign wealth fund Danantara has garnered ...

The massive sovereign wealth fund has come under scrutiny as analysts flag concerns about governance and political influence ...

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

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 ...

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

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

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.