New Indonesia sovereign wealth fund to invest $20 billion in projects
Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said.
Danantara, Indonesia's new sovereign wealth fund: what to know
He wants to tap into the fund's assets -- planned to be more than $900 billion -- to boost Indonesia to developed economy status, despite expert concern about its governance.
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.
Indonesia launches new sovereign wealth fund Danantara, with eye on 8% growth
JAKARTA – Indonesia launched its new sovereign wealth fund Danantara on Feb 24, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8 per cent within his first term.
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 Danantara investment fund, channels US$20 billion into 20 strategic projects
JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while serving as a powerful catalyst to attract investment and fuel the nation’s ambitious growth trajectory.
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.
The Jakarta Post2h
Prabowo’s new Danantara faces uphill battle for investor trust
Analysts have warned that the fund will face challenges in winning investor trust given its governance structure.
Antara News7h
Danantara to support SOEs entering Fortune Global 500: Prabowo
The launch of Danantara is expected to include more state-owned enterprises (SOEs) in the world's top companies list, Fortune ...
malaymail3h
Prabowo’s bold bet: Indonesia’s new US$900b wealth fund sparks hopes and fears
Indonesian President Prabowo Subianto on Monday launched a new sovereign wealth fund set to be the biggest in South-east Asia ...
Tempo11h
Danantara Can Transform National Wealth Management, Prabowo Claims
Prabowo says Danantara is not only an investment fund management institution, but also a national development instrument.
Antara News9h
President Prabowo, predecessors officially launch Danantara SWF
Indonesia's sovereign wealth fund, Daya Anagata Nusantara (Danantara), was officially launched by President Prabowo Subianto ...
The Jakarta Post1d
Growing dissent puts Prabowo’s leadership to test
President Prabowo Subianto is facing a major test of his leadership as signs of dissent against his new government have ...
Tempo7h
Danantara Doubts Are Understandable, Prabowo Says
TEMPO.CO, Jakarta - President Prabowo Subianto responded to doubts regarding the formation of the Daya Anagata Nusantara ...