It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.

Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, ...

The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...

JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative ...

A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle ...

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

They are accused of working together between 2018 and 2023 to import crude from overseas suppliers at higher prices rather ...

Indonesia's sovereign wealth fund Daya Anagata Nusantara (Danantara) could help drive national infrastructure investment, ...

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

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

Nationwide student-led protests in Indonesia against austerity measures have emerged as the first major political challenge ...

JAKARTA-- Indonesia on Monday launched a much-anticipated sovereign wealth fund that government officials say is key to ...