Indonesia launches new multibillion dollar Danantara sovereign wealth fund
Indonesia’s Prabowo officially establishes Danantara, which is modelled on Singapore’s investment arm Temasek.
Indonesia launches new multi-billion-dollar sovereign wealth fund
Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia's biggest economy.
Indonesia launches new wealth fund to manage US$900 billion-plus of state assets
Indonesia has launched a new sovereign wealth fund to manage more than US$900 billion of state assets, two weeks after its parliament approved legislative amendment paving the way for the creation.
Indonesia launches new sovereign wealth fund Danantara, with eye on 8% growth
The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at straitstimes.com.
Indonesia launches sovereign wealth fund aiming to hold $900 bn in assets
Prabowo on Monday inaugurated the new fund, known as Daya Anagata Nusantara or Danantara, which is modeled partly on Singapore's investment arm Temasek.
Indonesia launches sovereign wealth fund to manage assets worth US$900 billion; initial budget to kickstart 20 ‘strategic projects’
Monday’s launch comes after Southeast Asia’s biggest economy saw a wave of student protests in major Indonesian cities last week as a result of the government’s budget cuts to fund President Prabowo Subianto’s flagship programme - the free nutritious meal initiative  for students - as well as Danantara.
Indonesia launches sovereign wealth fund
Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia's biggest economy.
New Indonesia sovereign wealth fund to invest $20 billion in projects, president says
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said on Monday, as he launched the country's new sovereign wealth fund.
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Danantara launch marks shift in investment management: ministry
Deputy Minister for the Protection of Migrant Workers, Christina Aryani, expressed her support for the Daya Anagata Nusantara ...
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Indonesia to invest in three key sectors
According to Prabowo, Danantara's investments will generate high-quality jobs and contribute to the country's long-term prosperity. These are the areas that will determine Indonesia's future, ...
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Kaesang Pangarep Denies Involvement in Danantara's Organizational Structure
Dressed in a black suit, Kaesang Pangarep also declined to confirm rumors that his father, Joko Widodo, might be one of ...
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Ombudsman ready to oversee management of Danantara fund
Chairman of the Indonesian Ombudsman Mokhammad Najih expressed his readiness to supervise the Daya Anagata Nusantara ...