According to an expert, Prabowo's move to involve former presidents has never been done by previous presidents.

BENGALURU: Indonesian shares rose on Monday as the nation saw its first deflation in about 25 years in February, while most ...

There have been worries about the independence, integrity and credibility of Danantara. There is also skepticism about ...

JAKARTA: President Prabowo Subianto's top adviser Hashim Djojohadikusumo says this year's budget cuts are not a one-time ...

JAKARTA – A plan floated by President Prabowo Subianto to place representatives of religious organizations on the advisory board of the newly launched sovereign wealth fund Danantara has garnered ...

The massive sovereign wealth fund has come under scrutiny as analysts flag concerns about governance and political influence ...

Indonesia, the Philippines and the city of Hong Kong all recently launched new funds. Now Trump's U.S. wants one too.

New sovereign wealth fund Danantara Indonesia will focus on large-scale projects generating good returns as it prioritises ...

Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the ...

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

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

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