The Indonesian Chamber of Commerce and Industry (Kadin) considers the establishment of Indonesian sovereign wealth fund ...

Indonesian President Prabowo Subianto hosted local tycoons and Bridgewater Associates founder Ray Dalio at the presidential ...

President Prabowo Subianto brought together US investor and hedge fund manager Ray Dalio and Indonesian tycoons to discuss ...

The government is enhancing labor protections by introducing new regulations that guarantee holiday bonuses (THR) for ...

Former UK prime minister Tony Blair earlier joined the supervisory board of Danantara, the country's new sovereign wealth ...

The Daya Anagata Nusantara Investment Management Agency (Danantara) will manage assets worth more than US$900 billion. But as CNA's Saifulbahri Ismail finds out, concerns about political ...

Prabowo views Danantara as a key undertaking in his aims to return Indonesia to the 8% economic growth not seen since the mid-1990s during the era of authoritarian ruler Suharto.

(Bloomberg) -- A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache ...

Prabowo signed a document at the presidential palace in Jakarta initiating the new fund known as Daya Anagata Nusantara, or Danantara, which is modelled on Singapore's investment arm Temasek and ...

SINCE its launch more than 50 years ago, Sunway Group has made its name building sprawling new townships in Malaysia. But across the Causeway in Singapore, the group remains under the radar – a gap ...

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The rest, some Rp 200 trillion, is to be taken from SOE dividends. While $20 billion will go to Danantara, some $24 billion was set aside to fund Prabowo’s flagship free nutritious meals program.