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

Pandu Sjahrir, CIO of Danantara, says the goal of the fund is to support "investors, global investors, to be able to invest ...

Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.

Donald Trump has signaled his intention to lift the sanctions imposed on Russia in order to achieve peace in Ukraine.

Malaysia has not yet signed off on the contract to search the seabed for MH370 wreckage, casting uncertainty over whether a search has begun.

Jakarta. President Prabowo Subianto said Wednesday that there was nothing wrong with having many of his predecessor Joko "Jokowi" Widodo's ministers in his cabinet. He even said that replacing ...

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

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

The country launched its new sovereign wealth fund Danantara, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8% within his first term.

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

The closure was also prompted by a report from a pilot flying from the town of Maumere to Kupang, the provincial capital. The ...