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 ...

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

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

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

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

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

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

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 ...