Bahlil stated that one of the main projects funded by Danantara is the construction of an oil project storage in Nipah Island.

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 ...

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 ...

In January Mr Prabowo launched a cost-cutting drive unlike any the country has seen. He is seeking approximately $19bn in ...

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

Indonesian President Prabowo Subianto has announced the launch of a sovereign wealth fund to invest US$20 billion in projects ...

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