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.

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

Indonesia's sovereign wealth fund Daya Anagata Nusantara (Danantara) could help drive national infrastructure investment, ...

Danantara head is Minister of Investment Rosan Roeslani, while the Supervisory Board is led by the Minister of SOEs, Erick ...

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

JAKARTA: Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 ...

Presidential Advisory Council Bambang Brodjonegoro said that the market is still trying to understand how Danantara will ...

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

The fund will invest US$20 billion (S$27 billion) in 20 projects to drive development in the nation. Read more at ...

Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in Southeast Asia's largest economy and give the ...