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.

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

In ‘Destination Anywhere’, Melanie Oliveiro finds out where Singaporeans can go to take part in “Bloom with Hope 2025”, an ...

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

Can we do it? Yes, we can. I don’t know how long it will take, but insya Allah [God willing], with strong determination, we ...

Authority had been hoping for a slice of Danantara’s capital to support the megaproject’s development, its head Basuki Hadimuljono said on Monday.

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

Indonesia currently uses the government benchmark price, known as the HBA, to calculate royalty fees for coal miners ...