Prabowo Subianto, Indonesia’s president, launched Danantara, a sovereign-wealth fund. At his disposal will immediately be the ...
There have been worries about the independence, integrity and credibility of Danantara. There is also skepticism about ...
A plan floated by President Prabowo Subianto to place representatives of religious organizations on the advisory board of the ...
Bahlil stated that one of the main projects funded by Danantara is the construction of an oil project storage in Nipah Island ...
Energy minister Bahlil Lahadalia states that an oil refinery with a capacity of around 500,000 barrels and an oil storage ...
The massive sovereign wealth fund has come under scrutiny as analysts flag concerns about governance and political influence.
According to an expert, Prabowo's move to involve former presidents has never been done by previous presidents.
Indonesia plans more than 20 energy projects worth around $40 billion this year, its energy minister said Tuesday, as it tries to increase domestic refining capacity. The projects include a bid to use ...
The Energy Minister said Indonesia seeks to boost coal gasification projects using funding from its newly launched sovereign ...
Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.
Indonesia, the world's top thermal coal producer, has been pushing to process low-rank coal to produce dimethyl ether to ...